1112 N Eden St N,BALTIMORE, MD 21213
BALTIMORE, MD 21213
Description
Financial Highlights1112 N Eden St currently generates $45,927 in gross rental income (T-12), reflecting its existing performance with one vacant unit. Under stabilized conditions, pro forma gross income is projected to reach $85,986 in Year 1, supported by full occupancy and market rents. Based on our underwriting, the property is expected to achieve a 11.43% pro forma cap rate, offering strong in-place cash flow with clear upside potential through continued stabilization and rent growth. Property HighlightsFully renovated in 2021-2022, 1112 N Eden St features six turnkey unitsthree one-bedrooms and three studioscombining historic charm with modern finishes. Each unit includes updated kitchens with appliances, newer HVAC systems (under 5 years), and individual gas and electric meters. Tenants pay their own utilities, ensuring efficient operations and reduced owner expenses. Location HighlightsLocated in Baltimore’s revitalizing Oliver/Gay Street corridor, 1112 N Eden St offers excellent access to downtown employment, education, and transit. Major nearby employers include Johns Hopkins University and the University of Maryland Medical System. Residents benefit from proximity to top schools, multiple bus and metro routes, and attractions like Patterson Park, the Inner Harbor, and the National Aquarium"
Details
| MLS # | MDBA2187734 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 325 |
| Listing Provided By | Midfield Realty | Yaakov Kanevsky |
Features
| SQ Feet | 2,064 |
|---|---|
| Basement | Y |
| Units | 1 |
| Zoning | R-8 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central |
Exterior
| Roof | Rubber |
|---|---|
| Construction Materials | Brick, Block, Stucco |
| Foundation Details | Brick/Mortar |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 10372.2 |
|---|
Area Information
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21213 |
| Area | BALTIMORE CITY MD |
| Community Name | GAY STREET |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| High School | PAUL LAURENCE DUNBAR |
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Learn More About This Property
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21213 |
| Area | BALTIMORE CITY MD |
| Community Name | GAY STREET |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| High School | PAUL LAURENCE DUNBAR |
