Converted Dwelling

425 N EUTAW STREET

BALTIMORE, MD 21201

MLS#: MDBA2235538

$400,000

Status: Active

Listing number: MDBA2235538

Listing provided by: Ben Frederick Realty, Inc.

Listing agent phone: None

Last update: 7 hours ago

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Property

Beds

Full Baths

None

1/2 Baths

None

Year Built

1933

Sq.Footage

5,460

Downtown income, spacious apartments, and seven parking spaces, all offered at $400,000. 425 North Eutaw Street combines two retail spaces with two large three-bedroom, two-bath apartments, and 7 off-street parking spaces, creating multiple sources of income in a location close to major employers, universities, and public transportation. The apartments feature tall windows, generous natural light, and in-unit laundry. Three bedrooms and two full bathrooms support roommate living, while the retail spaces provide street-level business opportunities. Seven off-street parking spaces add a valuable downtown amenity for residents and commercial occupants, with potential for additional rental income. Just two blocks from the redeveloped Lexington Market, the property is within walking distance of the University of Maryland, Baltimore campus and Medical Center, with the BioPark and Central Business District nearby. The surrounding university campus brings students, faculty, healthcare professionals, and employees to the area, supporting demand for housing and commercial space. Nearby Metro Subway and Light Rail service expand access throughout Baltimore. C-5-DC Downtown zoning provides flexibility for a variety of residential and commercial uses, including retail, restaurant, personal services, offices, dense multi-family, and more. Investors can pursue market rent alignment, while an owner-user may explore operating a business from the property and collecting income from the remaining spaces, subject to existing leases. Projected operations reflect a 10.25% cap rate and a 13.0% cash-on-cash return when fully leased.

Features & Amenities

Interior

Total Bedrooms

6
Bathrooms

N/A
Above Grade Finished Area

5460.0
Cooling YN

YES
Cooling

Central Air, Electric
Heating YN

YES
Heating

Natural Gas, Forced Air
Pet friendly

N/A

Exterior

Garage

No
Construction Materials

Brick
Parking

Off Street
Pool

No
Waterfront YN

NO

Area & Lot

Lot Size(acres)

0.17
Lot Size(square feet)

7,579
Property Type

Residential Income
Property Sub Type

Quadruplex
Architectural Style

Converted Dwelling

Price

Sales Price

$400,000
Tax Amount

$6,182
Zoning

Licensed for 2 Dwelling Units. C-5-DC allows for many uses, including retail, restaurants, offices, personal services, etc
Sq. Footage

5,460
Price/SqFt

$73

HOA

Association

N/A
Total Monthly Fees

true

School District

Elementary School

N/A
Middle School

N/A
High School

N/A

Property Features

New Construction

NO
Foundation Details

Brick/Mortar
Sewer

Private Sewer
Tax Lot

001
Water Source

Public

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Location

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BALTIMORE CITY

Elementary School

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Listing Courtesy of Will A Cannon III, Ben Frederick Realty, Inc.

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Salesperson, Realtor

Andre Prince

Call Andre today to schedule a private showing.

(301) 524-0112

andre@charisrealty.com

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Downtown income, spacious apartments, and seven parking spaces, all offered at $400,000. 425 North Eutaw Street combines two retail spaces with two large three-bedroom, two-bath apartments, and 7 off-street parking spaces, creating multiple sources of income in a location close to major employers, universities, and public transportation.

The apartments feature tall windows, generous natural light, and in-unit laundry. Three bedrooms and two full bathrooms support roommate living, while the retail spaces provide street-level business opportunities. Seven off-street parking spaces add a valuable downtown amenity for residents and commercial occupants, with potential for additional rental income.

Just two blocks from the redeveloped Lexington Market, the property is within walking distance of the University of Maryland, Baltimore campus and Medical Center, with the BioPark and Central Business District nearby. The surrounding university campus brings students, faculty, healthcare professionals, and employees to the area, supporting demand for housing and commercial space. Nearby Metro Subway and Light Rail service expand access throughout Baltimore.

C-5-DC Downtown zoning provides flexibility for a variety of residential and commercial uses, including retail, restaurant, personal services, offices, dense multi-family, and more. Investors can pursue market rent alignment, while an owner-user may explore operating a business from the property and collecting income from the remaining spaces, subject to existing leases.

Projected operations reflect a 10.25% cap rate and a 13.0% cash-on-cash return when fully leased.

425 N EUTAW STREET

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Converted Dwelling

Features & Amenities

Interior

Exterior

Area & Lot

Price

HOA

School District

Property Features

Schedule a Showing

Mortgage calculator

Listing Courtesy of Will A Cannon III, Ben Frederick Realty, Inc.

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