Welcome to 23 N Wheeler Ave, Baltimore, MD, a 4-bedroom, 2-full-bath rowhome offering a great opportunity for an investor looking to add an income-producing property to their portfolio. The property is currently tenant occupied at $1,500 per month, with rent currently below market, providing immediate rental income with potential for future rental growth. The home offers a spacious and functional layout with four bedrooms and two full bathrooms. Conveniently located in West Baltimore, with easy access to US-40, I-70, I-95, and I-695, providing convenient travel to Downtown Baltimore and surrounding areas. Nearby destinations include Coppin State University, Carroll Park, the West Baltimore MARC Station, University of Maryland Baltimore, and Downtown Baltimore, along with shopping, public transportation, and ongoing redevelopment throughout West Baltimore. A solid opportunity to acquire an already occupied, income-producing property with below-market rent and additional long-term potential.
| MLS # | MDBA2232598 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 18 |
| Listing Provided By | LPT Realty, LLC | Marc D Stallings |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,000 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R-8 |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Other |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 382 |
|---|
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21223 |
| Area | BALTIMORE CITY MD |
| Community Name | PENROSE |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in PENROSE) | |
Price: $110,000 low | high Med: $164,900 sqft: 1,000 low | high Med: 1,950 $ / sqft: $110 low | high Med: $85 On site: 18 low | high Med: 157 | |
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21223 |
| Area | BALTIMORE CITY MD |
| Community Name | PENROSE |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in PENROSE) | |
Price: $110,000 low | high Med: $164,900 sqft: 1,000 low | high Med: 1,950 $ / sqft: $110 low | high Med: $85 On site: 18 low | high Med: 157 | |