1112 N EDEN ST N new to site

Baltimore,MD 21213

$ 500000

- Bed

- Bath

2064 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,064 sqft

Price per Sqft $242

Subdivision Gay Street

MLS Listing ID MDBA2187734

Style Other

Abv Grd Liv Area 2,064

Year Built 1900

Annual Tax Amount $10,372

Tax Year 2025

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Financial Highlights
1112 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 9.83% pro forma cap rate, offering strong in-place cash flow with clear upside potential through continued stabilization and rent growth.

Property Highlights
Fully renovated in 2021-2022, 1112 N Eden St features six turnkey units—three one-bedrooms and three studios—combining 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 Highlights
Located 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"

Location

State MD

County Baltimore City

Zoning R-8

Rooms

Basement Other

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Flooring Wood,Carpet

Fireplace N

Heat Source None

Exterior

Water Access N

Roof Type Rubber

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 2064

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

Structure Type 9'+ Ceilings

New Construction N

Schools

High Schools Paul Laurence Dunbar

School District Baltimore City Public Schools

Others

Tax ID 0310131175 024

Ownership Other

SqFt Source 2064

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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