Homes for sale - 1115 CARROLL ST, Baltimore, MD 21230

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,218 sqft

Price per Sqft $106

Subdivision Washington Village

MLS Listing ID MDBA2188178

Style Federal

Abv Grd Liv Area 1,218

Year Built 1898

Annual Tax Amount $2,920

Tax Year 2025

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

11-Single Family Portfolio: 9 Lead-Free Homes in Baltimore

This 11-unit Baltimore portfolio generates $176,252 annually, with a pro forma of $219,840 at market rents. Year 1 NOI is $131,904, growing to $152,822 by Year 5. Investors benefit from a 9.22% cap rate, rising to 10.69% by Year 5, offering strong cash flow and value-add potential.

The portfolio features 9 out of 11 lead-free, two- and three-bedroom homes with 1–2 bathrooms, hardwood floors, granite countertops, updated cabinetry, and appliances. Select units (1219 Glyndon Ave, 1115 Carroll St) include in-unit washers/dryers, and 1202 Sargeant St has central A/C. Many offer basements for storage or expansion.

Located in ZIP codes 21223, 21230, 21216, and 21218 (serving 128,000+ residents), the properties are near Johns Hopkins University (30,000+ students), University of Maryland, Baltimore (6,900 students, 8,000+ staff), and major employers like Johns Hopkins Hospital (30,000+ employees). Transit options include MARC Train, Metro SubwayLink, and Light RailLink for connectivity across Baltimore and to Washington, D.C.

Addresses Part of Portfolio
1219 Glyndon Ave, Baltimore MD 21223
1238 Sargeant St, Baltimore MD 21223
1321 Glyndon Ave, Baltimore MD 21223
1407 W Ostend St, Baltimore MD 21223
1415 W Ostend St, Baltimore MD 21223
2305 Herkimer St, Baltimore MD 21230
2109 N Longwood St, Baltimore MD 21216
3225 Kenyon Ave, Baltimore MD 21213
442 E Lorraine Ave, Baltimore MD 21218
1115 Carroll St, Baltimore MD 21230

Location

State MD

County Baltimore City

Rooms

Basement Other

Interior

Hot Water Natural Gas

Heating Other

Cooling Central A/C

Equipment Dishwasher,Disposal,Dryer,Microwave,Oven/Range - Gas,Refrigerator,Washer,Water Heater

Fireplace N

Window Features Vinyl Clad,Double Pane,Insulated

Appliance Dishwasher,Disposal,Dryer,Microwave,Oven/Range - Gas,Refrigerator,Washer,Water Heater

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Rubber

Accessibility None

Garage N

Building

Foundation Other

Above Ground Finished SqFt 1218

Sewer Public Sewer

Water Public

Architectural Style Federal

Additional Building Above Grade

Structure Type 9'+ Ceilings,Dry Wall

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0321060791 008

Ownership Other

SqFt Source 1218

Special Listing Condition Standard