1112 N Eden St N, Baltimore, MD 21213

$429,999
: 2,064
SqFt

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List Price: $429,999
Price Change: ▲ $999 1769025590
Days on Market: 273
Status: ACTIVE
MLS#: MDBA2187734
Living Area: 2,064
Style: Other
Year Built: 1900
County: Baltimore City
School District: Baltimore City Public Schools

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Property Description

Financial Highlights 1112 N Eden St currently generates $45,927 in gross rental income (T-12), reflecting its existing performance with one vacant unit. Under stabilized conditions, pro forma gross income is projected to reach $85,986 in Year 1, supported by full occupancy and market rents. Based on our underwriting, the property is expected to achieve a 11.43% pro forma cap rate, offering strong in-place cash flow with clear upside potential through continued stabilization and rent growth. Property Highlights Fully renovated in 2021-2022, 1112 N Eden St features six turnkey units—three one-bedrooms and three studios—combining historic charm with modern finishes. Each unit includes updated kitchens with appliances, newer HVAC systems (under 5 years), and individual gas and electric meters. Tenants pay their own utilities, ensuring efficient operations and reduced owner expenses. Location Highlights Located in Baltimore’s revitalizing Oliver/Gay Street corridor, 1112 N Eden St offers excellent access to downtown employment, education, and transit. Major nearby employers include Johns Hopkins University and the University of Maryland Medical System. Residents benefit from proximity to top schools, multiple bus and metro routes, and attractions like Patterson Park, the Inner Harbor, and the National Aquarium"

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