3-Unit Multi-Family โ€“ Elite 15% Cap Rate ๐Ÿ”ฅ For Sale

  • $260,000
  • 8 beds
  • 3 baths

๐Ÿ’ก High-Yield Investment Triplex in Prime Green-Space Location

This separately metered & legally zoned 3-unit brick triplex delivers exceptional cash flow potential in a vibrant, amenity-rich neighborhood anchored by Historic Druid Hill Park. Recently renovated unit features modern gray walls, low maintenance plank flooring, updated bright white kitchen and clean tile bath.

Cap Rate: 14.82% (after repairs on cash purchase โ€“ well above Baltimore multi-family averages of 7-10%)

Rents based on voucher-friendly units support Section 8 potential with ranges of $1,900 โ€“$2,436 for 2-bed units (see below). For the purpose of this listing, we have reduced that further to $1650 to be extra conservative. Tenant-paid utilities in most cases minimize owner expenses. Buy & Hold or Flip upon Full Occupancy.

Unit Breakdown

  • Unit 1: 3BR/1BA โ€” Vacant (Needs Renovation)
  • Unit 2: 2BR/1BA โ€” Long Term Occupied ($1,000/mo)
  • Unit 3: 3BR/1BA โ€” Vacant (Rent Ready)

Key Property Features

  • Three Independent Units โ€” Two 3 bed/1 bath, One 2 bed/1 bath,ย  for diversified rental income
  • Modern Renovations โ€” Fresh paint, new plank & tile flooring, updated kitchen & bath
  • Functional Extras โ€” In-unit washer/dryer hookups, ceiling fans/lights, basement storage potential
  • Classic Charm โ€” Brick facade, front porch, stone accents, and small yard space
  • Investment Ready โ€” One occupied & cash flowing unit, one Turnkey rent ready, one needs refresh.

๐Ÿ“ Prime Parkview-Woodbrook Location โ€“ Green Oasis & Urban Access

Nestled steps from 745-acre Druid Hill Park, this spot offers unbeatable renter appeal with nature right outside your door while staying highly connected.

  • Druid Hill Park โ€” Trails, disc golf, tennis/basketball courts, picnic areas, and Lakeside Loop around the reservoir ๐ŸŒณ
  • ๐Ÿผ Maryland Zoo in Baltimore โ€” Family favorite with exhibits and events
  • ๐ŸŒธ Rawlings Conservatory & Botanic Gardens โ€” Stunning plants and seasonal displays
  • ๐Ÿ›๏ธ Mondawmin Mall & Shopping โ€” Retail, dining, and essentials minutes away
  • ๐Ÿš Transit Excellence โ€” Walk Score 86/100, Transit Score 86/100 โ€” MTA buses, easy downtown access
  • ๐ŸŽ“ Coppin State University โ€” Historic HBCU just walking distance away, offering educational and employment opportunities for residents and tenants
  • ๐ŸŽ“ Baltimore City Community College โ€” Nearby campus providing accessible higher education, workforce training, and community programs
  • ๐Ÿก Community Vibes โ€” Proximity to schools, revitalizing corridors, and a strong sense of local culture and stability

This blend of green space, transit, higher education access, and convenience draws stable tenants โ€” low vacancy risk in a family-oriented, education-focused area with ongoing neighborhood momentum.

๐Ÿš€ Why 2202 Bryant Ave Stands Out

  • ๐Ÿ”‘ย  Multi-Unit with value add โ€” 1 cash flowing unit, 1 renovated rent ready unit, 1 refreshable unit
  • ๐Ÿ’ต 14.82% Cap Rate โ€” Outstanding long term returns with room for growth
  • ๐Ÿ“ˆ Strong Upside โ€” Comps sold $300Kโ€“$499K; recent refreshes boost income approach value
  • ๐Ÿ˜ Investor Magnet โ€” Druid Hill Park proximity + excellent walk/transit scores ensure demand

Properties like this with high cap rates and prime location move fast in Baltimore’s multi-family market!

Call Cris Now ๐Ÿ“ฒ at (919) 675-2747 with questions, to schedule a viewing, or submit your offer.

Live Pro Forma

Run the numbers โ€” 2202 Bryant Ave

Change the down payment or rate โ€” every figure updates. Management at 10% and a full month’s rent in maintenance reserves are already built in.

14.82%Cap rate (all-cash)
$2,375Cash flow / mo (financed)
27.16%Cash-on-cash return
3.01xLender DSCR (rent รท payment)

Annual Revenue & Expenses

Gross rent ($4,900 ร— 12) $58,800
Property taxes โˆ’$2,363
Home insurance โˆ’$1,200
Property management 10% โˆ’$5,880
Utilities – water $0
Ongoing maintenance โˆ’$4,900
Net operating income $44,457
Total investment (incl. $9,906 closing + $30,000 repairs) $299,906
Cap rate (cash purchase) 14.82%

Financing

Down payment (25%) $65,000
Est. closing costs $9,906
Repairs budget $30,000
Cash to close $104,906
Loan amount $195,000
Mortgage payment / mo $1,330
Annual cash flow after debt $28,494
Call Cris: (919) 675-2747Get expert advice on this or any other listing now.

Estimates only, not a guarantee of future performance. Closing costs estimated at 3.435% of price (transfer, recordation, title) plus $975 in fixed fees. Maintenance reserve = one month’s rent per year. Management = 10% of collected rent (minimum $99/mo). Financed figures assume a conventional or DSCR investor loan; actual rate, terms, and eligibility depend on the lender. Buyer to verify all figures independently.

 

 

Price:
$260,000
Address:
2202 Bryant Ave
Baltimore, MD 21217
Bedrooms:
8
Bathrooms:
3
Terms:
For Sale
Property Type:
Triplex
Const. Type:
Brick

Call (919) 675-2747 for more details

Property Location