2029 W North Ave, Baltimore, MD 21217
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
2029 W North Ave,Baltimore, MD 21217
$240,000
- 6 Beds
- 3 Baths
- - sq. ft.
- Townhouse
- Pending
Listed by: camille jaia scott
Office: coldwell banker realty
MLS#:MDBA2176716
Source:BRIGHTMLS
Price summary
- Price:$240,000
About this home
Income-Producing Opportunity in the Up-and-Coming Coppin Area!
This well-maintained property offers strong investment potential with immediate income. Currently generating $30,720 annually ($2,560/month) under a 4 non-related occupants residential license, it provides steady cash flow from day one. By renting out the 5th bedroom and 6th bedroom, projected income could increase to $47,040 annually (with proper boarding/rooming licensing)— exceeding the REI 1% rule and adding an extra $14.4k–$18,240 per year.
Transitional Housing History:
The property was once licensed as a transitional house, and recent modifications — including updated floors, alarms, fire escape, and windows — were made to meet licensing requirements, providing versatility for future use.
Property Highlights:
6 Bedrooms – Ample space for residents or program rooms.
2.5 Bathrooms – Convenient for shared living arrangements.
Recent Updates – Alarms, fire escape, and windows upgraded in the recent past.
Additional Features:
Outdoor space with backyard and fire escape.
Accessibility features to accommodate diverse needs.
Ideal For:
Buy-and-hold investors seeking immediate cash flow.
Operators seeking housing layouts suited for group living or program needs.
Traditional buyers
House Hackers
Financing Note: Buyers may qualify for a special First National Bank program offering no down payment and no PMI — available to first-time and repeat buyers. Feel free to contact the listing agent for details!
A rare opportunity to acquire a property with a proven rental track record, recent code-compliant upgrades, and the potential to significantly boost income!
Contact an agent
Home facts
- Year built:1915
- Listing ID #:MDBA2176716
- Added:158 day(s) ago
- Updated:December 31, 2025 at 08:44 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1915
- Lot area:0.05 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$240,000
- Tax amount:$4,689 (2024)
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