2029 W North Avenue Baltimore, MD 21217
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Realty / Camille Scott

  2029 W North Avenue Baltimore, MD 21217

Active (33 Days)
$240,000
6
BED
3
BATH

Description

Income-Producing Opportunity in the Up-and-Coming Coppin Area!This well-maintained property offers strong investment potential with immediate income. Currently generating $30,720 annually ($2,560/month) under a 4 non-related occupants residential license, it provides steady cash flow from day one. By renting out the 5th bedroom and 6th bedroom, projected income could increase to $47,040 annually (with proper boarding/rooming licensing)— exceeding the REI 1% rule and adding an extra $14.4k–$18,240 per year.Transitional Housing History:The property was once licensed as a transitional house, and recent modifications — including updated floors, alarms, fire escape, and windows — were made to meet licensing requirements, providing versatility for future use.Property Highlights:6 Bedrooms – Ample space for residents or program rooms.2.5 Bathrooms – Convenient for shared living arrangements.Recent Updates – Alarms, fire escape, and windows upgraded in the recent past.Additional Features:Outdoor space with backyard and fire escape.Accessibility features to accommodate diverse needs.Ideal For:Buy-and-hold investors seeking immediate cash flow.Operators seeking housing layouts suited for group living or program needs.Traditional buyersHouse HackersFinancing Note: Buyers may qualify for a special First National Bank program offering no down payment and no PMI — available to first-time and repeat buyers. Feel free to contact the listing agent for details!A rare opportunity to acquire a property with a proven rental track record, recent code-compliant upgrades, and the potential to significantly boost income!

MLS #:
MDBA2176716
Taxes
$4,689(2024)
Lot Size
2,178 SQFT
Type
Townhouse
Year Built
1915
Style
Colonial
School District
Baltimore City Public Schools

Listed By

Camille Scott, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Sep 7 2025 at 11:37 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
  • Half Bathroom: 1
Subdivision
  • West Baltimore
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Brick/Mortar
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Unfinished
Exterior Features
  • Brick
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Stories
  • 3
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 02, 2025
Price Changed
$240,000
-4%
-10,000
Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/7/25 16:37