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sales rep | Brivity IDX

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3612 Eldorado Ave , Baltimore, MD 21207
$1,700,000
Est. Payment: $9,048.11/mo
17673 Sqft
Status: active | Days on site: 75
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MIDRE1 - 3392438
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House Description

PROPERTY HIGHLIGHTS Subject to Offer. 3612 Eldorado Avenue is an 18-unit, three-story apartment building totaling approximately 17,673 SF in Baltimore's Howard Park neighborhood. The property is currently vacant and nearly rent-ready, giving a buyer the opportunity to lease the entire building with a new tenant base. The unit mix includes one-, two-, three-, and four-bedroom apartments. Amenities include private balconies, a resident courtyard, shared laundry, seven garages, and direct stair access to the roof. INCOME POTENTIAL Estimated pro forma rents are $1,250 for one-bedroom, $1,500 for two-bedroom, $1,750 for three-bedroom, and $2,100 for four-bedroom units. Based on an estimated mix of 9 one-bedrooms, 6 two-bedrooms, 2 three-bedrooms, and 1 four-bedroom, the property could generate approximately $25,850/month or $310,200/year in gross residential rent. This excludes additional income potential from the seven garages and shared laundry. LOCATION & ACCESS Located directly across Eldorado Avenue from Forest Park High School. ShopRite of Howard Park and Coppin State University are nearby. Public transportation is available at Liberty Heights Avenue & Eldorado Avenue, served by MTA CityLink LIME and LocalLink 34. FIVE KEY HIGHLIGHTS 18 Units | Nearly Rent-Ready Seven Income-Producing Garage Spaces Balconies, Courtyard & Shared Laundry Directly Across Forest Park High CityLink LIME & LocalLink 34

Highlights

Listed by Yaakov Kanevsky , 4103246939 Midfield Realty , 4104985408. Bright MLS

Property Type

Commercial Sale

Year Built

1935

County

Baltimore City

Neighborhood

Howard Park

School District

Baltimore City Public Schools

Listing ID

MDBA2228068

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Interior Features

Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:R-4
Sewer:Public Sewer
Principal Interest
$9,048
Taxes
$2,298

Home Price

$1,700,000

Loan Details

30 yrs
7%

Down Payment

20%
$340,000
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:
$9,048.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,048.11 $2,298.25 $0.00 $11,346.36
Yearly $108,577.37 $27,578.96 $0.00 $136,156.33
Total $3,257,321.02 $827,368.80 $0.00 $4,084,689.82
Lender profile image
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.

IDX service by Blueroof 360

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

© 2026 Bright MLS