Bill Marvelis
SQUARE FEET2,800
MLS#MDBA2232032
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBALTIMORE CITY PUBLIC SCHOOLS
Property Description
INVESTOR OPPORTUNITY! FULLY RENOVATED, FULLY OCCUPIED TRIPLEX! 1340 N. Mount Street offers an excellent opportunity to acquire a stabilized three-unit multifamily property. The property features two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all currently occupied and generating rental income. Lower Unit – 2 BR/1BA, rented at $1,450 per month; Middle Unit - 2BR/1BA rented at $1,450 per month; Upper Unit 3BR/1BA, renting at $1,600 per month.The property underwent a comprehensive renovation in 2025, including new roof, new electrical, new plumbing and HVAC systems, and each unit features its own washer and dryer. Tenants are responsible for their own utilities, helping minimize owner operating expenses. Professional property management is currently in place. The property offers investors immediate rental income, updated major systems, established occupancy and an attractive opportunity to add a renovated multifamily asset to an existing portfolio. Located in an area with convenient access to major roads, shopping, dining, and public transportation. Bring your investors—this is a rare opportunity to acquire a renovated, fully occupied multifamily property with immediate rental income and strong investment fundamentals.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Daylight, Partial
Cooling: Central A/C
Fuel Type: Electric
Heating: 90% Forced Air
Home Style: A-Frame
Lot Size: 0.04 Acres
Taxes: $3,501
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade
Appliances: Built-In Microwave, Disposal, Dryer, Icemaker, Refrigerator, Washer - Front Loading, Water Heater
Exterior: Brick
Exterior: Fire Escape
Flooring: Luxury Vinyl Tile
Interior: Combination Dining/Living
Lot Dimensions: 0.04 Acre(S)
Sewer: Public Septic
Structure Type: End of Row/Townhouse
Three Bedroom Units: 1
Two Bedroom Units: 2
Units: 3
Water: Public
Local Schools
School District: BALTIMORE CITY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Taylor Properties
Agency Phone: 3019702447
Shown By
Agent Name: Bill Marvelis
Agent Phone: Cell: (667) 441-0584
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,487.44 per month $1,057.14 Principal & Interest $291.75 Property Tax $138.54 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
1340 N Mount Street | MLS# MDBA2232032
This multi-family property located at 1340 N Mount Street, Baltimore, MD 21217 is currently listed for sale with an asking price of $475,000. N Mount Street is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.marvelishomes.com today.