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702 Homestead St
Baltimore, MD 21218
Multifamily Property For Sale
·
4 Units
Investment Highlights
- 3 Units Rented in a Rapidly Improving Neighborhood — Capture cash flow now and lease the final unit in a high-demand pocket of Better Waverly.
- Strong Physical Conditions — 2020 roof, replacement wood windows and updated plumbing minimize repair expenses.
- Below-Market Rents Offer Organic Upside — Gradual rent increases can improve returns without major capital investment.
- Walkable Location Near Daily Essentials — Tenants enjoy access to Giant, Ace Hardware, the YMCA, and a year-round farmers market.
Property Facts
| No. Units | 4 | Building Size | 1,920 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 3 |
| Building Class | C | Year Built | 1920 |
| Lot Size | 0.09 AC | ||
| Zoning | R7 - Licensed for 4 Dwelling Units | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 1,920 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | R7 - Licensed for 4 Dwelling Units |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 4079-002 | Improvements Assessment | $242,300 |
| Land Assessment | $40,000 | Total Assessment | $282,300 |
Property Taxes
Parcel Number
4079-002
Land Assessment
$40,000
Improvements Assessment
$242,300
Total Assessment
$282,300
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