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sales rep | Brivity IDX

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1309 E Madison St , Baltimore, MD 21205
$146,700
Est. Payment: $780.80/mo
2 Bed
1 Bath
936 Sqft
Status: active | Days on site: 204
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AFRI1 - 3343989
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House Description

Investor opportunity in the heart of Baltimore! This tenant-occupied 2-bedroom, 1-bath brick rowhome offers immediate rental income with strong long-term upside. **Current rent is $1,250/month with a reliable long-term tenant in place since 01/04/2019**, making this a true turnkey investment. The property features a functional layout with spacious living and dining areas, updated kitchen with modern cabinetry and appliances, and generously sized bedrooms. Neutral finishes and durable flooring make for low-maintenance ownership. Additional highlights include **assigned parking in a private rear lot**—a major bonus for city rentals—along with central air and ample natural light throughout. Located in a convenient East Baltimore corridor, this home provides easy access to major commuter routes, downtown, and neighborhood revitalization projects. Just minutes from Johns Hopkins, Patterson Park, and the vibrant dining and entertainment options of Fells Point and Canton, this area continues to see steady rental demand and appreciation potential. Perfect for investors looking to add a **cash-flowing property** to their portfolio with a tenant already in place. Great opportunity to secure a property in a growing market with built-in income from day one.

Highlights

Listed by Michael P McNamara , 4434683253 Allfirst Realty, Inc. , 4433201344. Bright MLS

Property Type

Condo

Year Built

1982

County

Baltimore City

Neighborhood

None Available

School District

Baltimore City Public Schools

Listing ID

MDBA2210154

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:936
Other:
  • ▪ Additional:Case by Case Basis, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:R-8
Others:
  • ▪ Additional:Management
Sewer:Public Sewer
Parking Features:Parking Lot
Principal Interest
$781
Taxes
$134

Home Price

$146,700

Loan Details

30 yrs
7%

Down Payment

20%
$29,340
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:
$780.80

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $780.80 $134.33 $120.00 $1,035.13
Yearly $9,369.59 $1,612.00 $1,440.00 $12,421.59
Total $281,087.64 $48,360.00 $43,200.00 $372,647.64
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