Federal

2421 E MADISON STREET E

BALTIMORE , MD 21205

MLS#: MDBA2170622

$165,000

Status: Active
Listing number: MDBA2170622
Listing provided by: Cummings & Co. Realtors
Listing agent phone: None
Last update: 11 days ago
Browse Properties
MCELDERRY PARK - Residential

Property

Beds

4

Full Baths

3

1/2 Baths

None

Year Built

1920

Sq.Footage

1,300

Incredible investment opportunity! Turnkey, occupied subsidized rental with 11+ YEAR TENANCY and strong flip potential – this booming corridor supports post-renovation values of $345K! Currently leased through the Section 8 program for a whopping $1,836 per month, this well-maintained end-unit is an investor’s dream. 2421 E Madison St boasts three finished levels, exposed brick, LVP flooring, recessed lighting, and modern kitchen updates including cabinetry, countertops, and appliances. Bathrooms have been tastefully remodeled, and the finished basement features a sleek cut-out stair design that adds architectural interest. With a written lease, LEAD FREE lead certificate, and rental license in hand along with being in compliance with Section 8 inspections, this is a true plug-and-play rental. It’s also located just .5 miles from renowned Johns Hopkins Hospital and Baltimore’s beloved Patterson Park, complete with walking paths, tennis courts, ballfields, a skating rink, lake, swimming pool, and year-round events! Don’t miss your chance to add this outstanding property to your rental portfolio today! Interested in a potential future flip? This home could achieve a sales price of $345K! See 2315 Ashland Ave – just 2.5 blocks from 2421 E Madison St, similar size, also 4 bedrooms, with a finished basement and sold for $345K on 2/10/2025. See 2220 E Madison St, just 3.5 blocks from 2421 E Madison St, similar size and sold for $341,960 on 12/27/2024. This one won’t last long!

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Recessed Lighting, Open Floorplan

  • Total Bedrooms

    4

  • Bathrooms

    3

  • Above Grade Finished Area

    1300.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

Exterior

  • Garage

    No

  • Construction Materials

    Other, Concrete

  • Other Exterior Features

    Lighting, Rain Gutters

  • Parking

    On Street

  • Patio and Porch Features

    Patio, Enclosed

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

  • View

    City, Street

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.02

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Federal

Price

  • Sales Price

    $165,000

  • Tax Amount

    960.0

  • Sq. Footage

    1, 300

  • Price/SqFt

    $126

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Other

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    041

  • Water Source

    Public

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Location

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BALTIMORE CITY

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Listing Courtesy of Jamie L Koehler , Cummings & Co. Realtors

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Agent ChristyIssler

Broker | Owner

ChristyIssler

Call Christy today to schedule a private showing.

(235) 551-212

christy@charisrealty.com


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Incredible investment opportunity! Turnkey, occupied subsidized rental with 11+ YEAR TENANCY and strong flip potential – this booming corridor supports post-renovation values of $345K! Currently leased through the Section 8 program for a whopping $1,836 per month, this well-maintained end-unit is an investor’s dream. 2421 E Madison St boasts three finished levels, exposed brick, LVP flooring, recessed lighting, and modern kitchen updates including cabinetry, countertops, and appliances. Bathrooms have been tastefully remodeled, and the finished basement features a sleek cut-out stair design that adds architectural interest. With a written lease, LEAD FREE lead certificate, and rental license in hand along with being in compliance with Section 8 inspections, this is a true plug-and-play rental. It’s also located just .5 miles from renowned Johns Hopkins Hospital and Baltimore’s beloved Patterson Park, complete with walking paths, tennis courts, ballfields, a skating rink, lake, swimming pool, and year-round events! Don’t miss your chance to add this outstanding property to your rental portfolio today! Interested in a potential future flip? This home could achieve a sales price of $345K! See 2315 Ashland Ave – just 2.5 blocks from 2421 E Madison St, similar size, also 4 bedrooms, with a finished basement and sold for $345K on 2/10/2025. See 2220 E Madison St, just 3.5 blocks from 2421 E Madison St, similar size and sold for $341,960 on 12/27/2024. This one won’t last long!

2421 E MADISON STREET E

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