BEDS0
BATHS
SQUARE FEET2,505
MLS#MDBA2220346
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONDRUID HEIGHTS
SCHOOLBALTIMORE CITY PUBLIC SCHOOLS
Property Description
Turnkey Multi-Family Investment Opportunity – Projected to Gross Over $3,200/Month! Don't miss this exceptional income-producing opportunity at 2920 Parkwood Ave., Baltimore, MD 21217. Located in the rapidly revitalizing Druid Heights neighborhood, this legally zoned 3-unit brick multi-family property is a turnkey investment with strong cash-flow potential. Whether you're looking to expand your rental portfolio, live in one unit while renting the others, or capitalize on Baltimore's growing rental market, this property checks all the boxes. The property features three separately configured units, including a cozy efficiency with a full bath, plus two spacious 1-bedroom, 1-bath apartments. With projected gross rental income of over $3,000 per month, this property offers immediate income potential and an attractive return for both seasoned and first-time investors. Additional highlights include a large unfinished basement offering abundant storage or future value-add possibilities, a private fenced backyard, and alley access with off-street parking—a highly desirable feature for tenants in the city. Perfectly positioned just minutes from Druid Hill Park, tenants will enjoy walking access to the Maryland Zoo, Howard P. Rawlings Conservatory & Botanic Gardens, and the scenic Druid Hill Reservoir. Convenient access to public transportation, major commuter routes, downtown Baltimore, universities, hospitals, and neighborhood amenities further enhances the property's long-term rental appeal. With strong income potential, a desirable location, and room for future appreciation, 2920 Parkwood Ave. is a rare opportunity to acquire a cash-flowing, turnkey multi-family asset in one of Baltimore's emerging investment corridors. Schedule your showing today and add this high-performing property to your portfolio before it's gone!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central A/C
Fuel Type: Central
Heating: 90% Forced Air
Home Style: Victorian
Lot Size: 0.04 Acres
Taxes: $2,575
Year Built: 1920
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 14
Exterior: Brick
Flooring: Engineered Wood
Lot Dimensions: 0.04 Acre(S)
Municipality: Baltimore City
One Bedroom Units: 3
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Studio Efficiency Units: 1
Units: 3
Water: Public
Local Schools
School District: BALTIMORE CITY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Keller Williams Capital Properties
Agency Phone: 2022437700
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 931.99 per month $634.29 Principal & Interest $214.58 Property Tax $83.13 Homeowner's InsuranceChange Payment Information
2920 Parkwood Avenue | MLS# MDBA2220346
This multi-family property located at 2920 Parkwood Avenue, Baltimore, MD 21217 is currently listed for sale with an asking price of $285,000. Parkwood Avenue is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.realtymark.net today.