425 N EUTAW ST Baltimore, MD 21201
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 5,460 sqft
Price per Sqft $73
MLS Listing ID MDBA2235538
Style Converted Dwelling
Abv Grd Liv Area 5,460
Year Built 1933
Annual Tax Amount $6,182
Tax Year 2026
Lot Size 7,579 Sqft
Acres 0.17
Lot Dimensions .117 acres
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
The apartments feature tall windows, generous natural light, and in-unit laundry. Three bedrooms and two full bathrooms support roommate living, while the retail spaces provide street-level business opportunities. Seven off-street parking spaces add a valuable downtown amenity for residents and commercial occupants, with potential for additional rental income.
Just two blocks from the redeveloped Lexington Market, the property is within walking distance of the University of Maryland, Baltimore campus and Medical Center, with the BioPark and Central Business District nearby. The surrounding university campus brings students, faculty, healthcare professionals, and employees to the area, supporting demand for housing and commercial space. Nearby Metro Subway and Light Rail service expand access throughout Baltimore.
C-5-DC Downtown zoning provides flexibility for a variety of residential and commercial uses, including retail, restaurant, personal services, offices, dense multi-family, and more. Investors can pursue market rent alignment, while an owner-user may explore operating a business from the property and collecting income from the remaining spaces, subject to existing leases.
Projected operations reflect a 10.25% cap rate and a 13.0% cash-on-cash return when fully leased.
Location
State MD
County Baltimore City
Zoning C-5DC
Interior
Hot Water Natural Gas, Electric
Heating Forced Air
Cooling Central A/C
Inclusions Two refrigerators, 2 stoves, 2 dishwashers.
Heat Source Natural Gas
Exterior
Garage Spaces 7.0
Water Access N
Accessibility None
Total Parking Spaces 7
Garage N
Private Pool No
Building
Foundation Brick/Mortar
Above Ground Finished SqFt 5460
Sewer Private Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0304020562 001
Ownership Fee Simple
SqFt Source 5460
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS