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3111 Liberty Pkwy , Dundalk, MD 21222
$474,900
Est. Payment: $2,527.62/mo
3 Bed
3 Bath
1738 Sqft
0.08 Acres
Status: active | Days on site: 31
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CCRL1 - 122154
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House Description

***SHOWINGS ARE BOOKED THRU SUZIE CORONEL and ONLY ON THURSDAYS AT 11AM*** Turnkey Income-Producing Triplex | Renovated 2022 | $4,325 Monthly Rent + Garage Income Strong investment opportunity for an investor seeking an established, income-producing multifamily property with recent renovations and multiple revenue streams. This well-maintained triplex was renovated in spring 2022 and features three private 1-bedroom apartments, one on each level. The units are rarely vacant, and current monthly apartment rents total $4,325, with existing leases conveying to the buyer. The detached 2-car garage is also rented, providing an additional source of income. Each unit offers a functional layout with a true bedroom and separate living room, along with a full kitchen featuring granite countertops, stainless-steel appliances, refrigerators with ice makers and water dispensers, and garbage disposals. All units have LVP throughout for ease of maintenance. Updated full bathrooms include tiled floors, modern fixtures, and updated vanities. All three levels receive excellent natural light, including the lower level. Additional income-producing amenities include a vending washer and dryer in the lower-level common area. The property also offers a fenced backyard, detached 2-car garage, and easy street parking. This investment property has been owner-operated by a seasoned Realtor and a successful builder since 2021. Units have been well marketed for solid rents and long-term tenants. Good systems are in place for good communication with the tenants and rent collection. The renovation was well thought out regarding easy maintenance, space planning, and filling an area void 1 bedroom units. Rents have room for increase and currently include utilities. The 2022 renovation and clean, well-maintained condition provide an opportunity to acquire a turnkey multifamily asset with established rental income and limited immediate renovation needs. Convenient access to I-695, I-95, and I-895, Johns Hopkins, Amazon, the Port of Baltimore, and Tradepoint Atlantic makes the property well-positioned for rental demand. Key Investment Highlights: • 3-unit multifamily property • Three private 1-bedroom apartments • Renovated spring 2022 • Current apartment rents: $4,325/month • Detached 2-car garage with additional rental income • Leases convey • Rarely vacant • Tenant laundry income/amenity • Separate living rooms and full kitchens • Updated kitchens and bathrooms • Fenced backyard • Easy street parking • Convenient access to major transportation corridors, employment centers, and Port/Tradepoint Atlantic

Highlights

Listed by Suzie N Coronel , 4103362569 Cummings & Co. Realtors , 4108230033. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.08

Year Built

1944

County

Baltimore

Neighborhood

Old Dundalk

School District

Baltimore County Public Schools

Listing ID

MDBC2176422

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator
Air Cond:Ceiling Fan(s),Central A/C
Fireplaces:
Floor:Luxury Vinyl Plank
Above Ground Sq Ft:1292
Below Ground Sq Ft:446
Basement:Fully Finished,Sump Pump,Walkout Stairs,Windows
Other:
  • ▪ Additional:Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Pantry
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:2
Zoning:DR5.5
Others:
  • ▪ Additional:Very Good
Sewer:Public Sewer
Parking Features:Garage - Rear Entry,Detached Garage,On Street,2+ Spaces,1+ Spaces
Principal Interest
$2,528
Taxes
$190

Home Price

$474,900

Loan Details

30 yrs
7%

Down Payment

20%
$94,980
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:
$2,527.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,527.62 $190.00 $0.00 $2,717.62
Yearly $30,331.41 $2,280.00 $0.00 $32,611.41
Total $909,942.21 $68,400.00 $0.00 $978,342.21
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Dundalk, 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