717 NEWINGTON AVE, Baltimore, MD 21217
717 NEWINGTON AVE, Baltimore, MD 21217
717 NEWINGTON AVE, Baltimore, MD 21217
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Listed by Bob Lucido • Keller Williams Lucido Agency
$445,000
Est. payment /mo
2,765 SqFt
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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,765 sqft

Price per Sqft $160

Subdivision Reservoir Hill

MLS Listing ID MDBA2200058

Style Colonial

Abv Grd Liv Area 2,765

Year Built 1905

Available Date 2026-02-13

Annual Tax Amount $3,085

Tax Year 2025

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Exceptional investment opportunity: Three well-maintained, separate units in a brick multifamily building. Offering a total of 5 bedrooms, 4 bathrooms, and 3,740 square feet in charming Reservoir Hill. The building features three separately leased units with stable rental histories, all registered with Baltimore City and lead-certified. All tenants are on 12-month leases and pay their own gas, electric, cable, and internet, with water paid by the owner due to non-separately metered service (water subsidy currently reimbursed by two of the three units). A BGE public service account covers common area lighting.Each unit offers functional layouts with updated finishes, hardwood flooring throughout, and is equipped with a stove, refrigerator, microwave, dishwasher, and in-unit washer and dryer, providing convenience and modern appeal for tenants.Unit 1 is a 2 bedroom, 1 bath, 1,000 square feet residence, includes a water subsidy. Unit 2 is a 2 bedroom, 2 bath, 1,200 square feet residence, currently vacant.Unit 3 is a 1 bedroom, 1 bath, 538 square feet residence, currently rented with water subsidy.The property includes a rear parking pad available to tenants in addition to street parking. A full rent roll and income statement are available, and the property has been professionally managed by Bay Management Group since early 2024. Additional highlights include strong rental demand in the area, an upcoming value-add opportunity with Unit 2's turnover, and stabilized occupancy across the remaining units.

Location

State MD

County Baltimore City

Zoning R-8

Interior

Interior Features Ceiling Fan(s), Kitchen - Eat-In, Wood Floors

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Inclusions See Disclosures

Equipment Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Stove, Refrigerator, Washer, Water Heater

Fireplace N

Window Features Double Pane

Appliance Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Stove, Refrigerator, Washer, Water Heater

Heat Source Natural Gas

Exterior

Exterior Feature Balcony

Water Access N

Accessibility None

Porch Balcony

Garage N

Building

Foundation Other

Above Ground Finished SqFt 2765

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Call School Board

Middle Schools Call School Board

High Schools Call School Board

School District Baltimore City Public Schools

Others

Tax ID 0313113446 079

Ownership Fee Simple

SqFt Source 2765

Security Features Carbon Monoxide Detector(s),Smoke Detector

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard


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717 NEWINGTON AVE