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731 Reservoir St , Baltimore, MD 21217
$740,500
Est. Payment: $3,941.25/mo
7 Bed
4 Bath
4236 Sqft
0.06 Acres
Status: active | Days on site: 9
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KWCP1 - 3327772
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House Description

**RARE 3-UNIT INVESTMENT OPPORTUNITY IN HISTORIC RESERVOIR HILL!** Discover the perfect blend of historic Baltimore charm, modern convenience, and income-producing potential at 731 Reservoir Street! This spacious end-unit property features three generously sized residences, soaring ceilings, exposed brick accents, and an abundance of natural light throughout. The thoughtfully configured property includes **two 2-bedroom, 1-bathroom units and an expansive 5-bedroom, 2.5-bathroom unit**, offering a combined 9 bedrooms and 4.5 bathrooms. Each residence features its own washer and dryer, providing everyday convenience and added appeal to tenants. **Two units are currently tenant-occupied, generating a combined $3,050 in monthly rental income ($36,600 annually), while the impressive 5-bedroom unit is vacant and ready for its next occupant!** Whether you're an investor seeking additional rental income or a buyer looking to occupy the largest unit while collecting rent from the other two, this property offers outstanding flexibility and opportunity. Situated in the sought-after Reservoir Hill neighborhood, this property places you just minutes from Druid Hill Park, MICA, Penn Station, downtown Baltimore, and major commuter routes. Enjoy the charm of an established historic community with convenient access to some of Baltimore's most popular destinations. **Three units. Nine bedrooms. Existing rental income. Endless possibilities.** Opportunities like this don't come along every day. Schedule your private showing and explore everything 731 Reservoir Street has to offer!

Highlights

Listed by Ashley White , 4439614995 Keller Williams Capital Properties , 2022437700. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1905

County

Baltimore City

School District

Baltimore City Public Schools

Listing ID

MDBA2236044

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:3177
Below Ground Sq Ft:1059
Basement:Fully Finished,Improved,Outside Entrance,Heated,Interior Access,Rear Entrance,Sump Pump,Walkout Level,Windows,Water Proofing System,Daylight,Partial,Connecting Stairway
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:R-8
Sewer:Public Septic,Public Sewer
Parking Features:On Street
Principal Interest
$3,941
Taxes
$660

Home Price

$740,500

Loan Details

30 yrs
7%

Down Payment

20%
$148,100
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:
$3,941.25

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,941.25 $659.92 $0.00 $4,601.17
Yearly $47,295.02 $7,919.00 $0.00 $55,214.02
Total $1,418,850.71 $237,570.00 $0.00 $1,656,420.71
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: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS