1404 Madison Ave Baltimore, MD 21217

Listing details for 1404 Madison Ave, Baltimore, MD 21217 : Ready to GO investment property with 5 individual rental units. All recently rented. Total annual rent roll is $66,000. Great cap rate of 10.2%! Freshly painted and hardwood floors refinished. The roof is approximately 5 years old. Rental license valid until March 2028. Each unit has charming hardwood floors, a full kitchen and full bath. The property has many of it's original 1920's charming wood details and moldings, high ceilings, carved marble fireplace mantels and large rooms. The windows were replaced recently and allow lots of natural light into the spaces. The lower level has multiple washer/dryers for the tenants use and an entire floor of storage. There is an enclosed exterior rear courtyard and two car garage. All current leases will carry into 2026. Please contact the listing agents with any questions or to schedule a showing.