Converted Dwelling
3206 GUILFORD AVENUE
BALTIMORE , MD 21218
MLS#: MDBA2158418
$415,000
Property
Beds
6
Full Baths
2
1/2 Baths
1
Year Built
1924
Sq.Footage
2,076
This spacious, fully leased investment property is rented at $3,850/month through May 2026, with a two-year lease in place from June 2025 to May 2027 at $3,975/month, ensuring long-term cash flow stability. With an 8.95% cap rate and a projected 10.6% cash-on-cash return, this property presents a strong investment opportunity in a high-demand rental market. The home features hardwood flooring throughout the living spaces, laminate flooring in the kitchen, and a grassy rear yard for tenant enjoyment. The kitchen is built for durability, offering wood cabinetry, laminate countertops, and a functional layout. A half bath is conveniently located on the main floor, while full bathrooms are found on both the second and third floors. A full basement with laundry provides additional storage or flexible use, adding to the property’s tenant appeal. Prime Location & High Rental Demand Located in Charles Village, this home is just four walkable blocks from Johns Hopkins University Homewood Campus and the Charles Village Shopping District, featuring Chipotle, Starbucks, Barnes & Noble, Streets Market, and an array of local shops and restaurants. Union Memorial MedStar Hospital is just two blocks north. For added security and peace of mind, the street is patrolled by Charles Village Special Benefits District and Johns Hopkins Campus Security Officers. With a strong lease structure, professional management, and excellent projected returns, this is a rare opportunity to acquire a fully stabilized rental investment in a high-demand market.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Above Grade Finished Area
2076.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
NO
-
Heating YN
YES
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Converted Dwelling
Price
-
Sales Price
$415,000
-
Tax Amount
5669.0
-
Zoning
Licensed for 1 Rental Unit
-
Sq. Footage
2, 076
-
Price/SqFt
$199
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Cheryl L, Sadera , Ben Frederick Realty, Inc.
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