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3211 Batavia Ave , Baltimore, MD 21214
$1,100,000
Est. Payment: $5,854.66/mo
9 Bed
4 Bath
3805 Sqft
0.53 Acres
Status: active | Days on site: 99
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BFRI1 - 3099618
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House Description

$8,603 Monthly NOI with Tenant in Place Through August 2030! Rare opportunity to acquire a renovated income-producing property with a long-term lease already in place. The current tenant is secured through August 31, 2030, providing immediate cash flow and operational continuity from day one. Unlike many residential investments, the tenant is responsible for utilities, maintenance, and replacement of major building systems, including HVAC and water heating equipment. This structure reduces owner involvement, limits capital expenditure exposure, and creates a more passive ownership experience than typical residential rental property. Renovated in 2024, the 3,805-square-foot building is configured across nine bedrooms and features durable finishes designed for high-occupancy use. Improvements include a modern kitchen with granite and laminate countertops, wood cabinetry, multiple refrigerators, gas cooking, updated baths, laminate flooring, chairlifts, an ADA-accessible entry ramp, and a full sprinkler system. Mechanical systems include a 90+ AFUE Rheem gas-fired furnace with dual-zone central air conditioning, an additional attic-mounted heat pump with independent thermostat, a 50-gallon electric water heater, and updated C-PVC and PVC plumbing. Located in the owner-occupied Hamilton-Waltherson neighborhood, just off Harford Road, the property offers convenient access to I-95, I-695, Downtown Baltimore, and numerous employment centers throughout the region. Investment Summary • $1,100,000 Purchase Price • $103,237 Current NOI • $8,603 Monthly NOI •9.39% Cap Rate •12.0% Projected Cash-on-Cash Return • Tenant in Place Through 8/31/2030

Highlights

Listed by Will A Cannon III , 4109163331 Ben Frederick Realty, Inc. , 4102359500. Bright MLS

Property Type

Residential

Lot/Acreage
0.53

Year Built

1920

County

Baltimore City

Neighborhood

Hamilton

School District

Baltimore City Public Schools

Listing ID

MDBA2218312

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:3805
Basement:Full,Interior Access
Other:
  • ▪ Main Floor Bedrooms:2
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:108' x 212
Garage Capacity:5
Zoning:Permitted for recovery center for up to 16 resients.
Roof:Asphalt
Others:
  • ▪ Additional:Very Good
Sewer:Public Sewer
Parking Features:Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$5,855
Taxes
$541

Home Price

$1,100,000

Loan Details

30 yrs
7%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,854.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,854.66 $540.75 $0.00 $6,395.41
Yearly $70,255.94 $6,489.00 $0.00 $76,744.94
Total $2,107,678.30 $194,670.00 $0.00 $2,302,348.30
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Baltimore, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS