3211 Batavia Ave, Baltimore, MD 21214
Local realty services provided by:CENTURY 21 New Millennium
3211 Batavia Ave,Baltimore, MD 21214
$1,200,000
- 9 Beds
- 4 Baths
- 3,805 sq. ft.
- Single family
- Active
Listed by: will a cannon iii
Office: ben frederick realty, inc.
MLS#:MDBA2218312
Source:BRIGHTMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$315.37
About this home
$8,603 Monthly NOI with Tenant in Place Through August 2030!
Rare opportunity to acquire a renovated income-producing property with a long-term lease already in place. The current tenant is secured through August 31, 2030, providing immediate cash flow and operational continuity from day one.
Unlike many residential investments, the tenant is responsible for utilities, maintenance, and replacement of major building systems, including HVAC and water heating equipment. This structure reduces owner involvement, limits capital expenditure exposure, and creates a more passive ownership experience than typical residential rental property.
Renovated in 2024, the 3,805-square-foot building is configured across nine bedrooms and features durable finishes designed for high-occupancy use. Improvements include a modern kitchen with granite and laminate countertops, wood cabinetry, multiple refrigerators, gas cooking, updated baths, laminate flooring, chairlifts, an ADA-accessible entry ramp, and a full sprinkler system.
Mechanical systems include a 90+ AFUE Rheem gas-fired furnace with dual-zone central air conditioning, an additional attic-mounted heat pump with independent thermostat, a 50-gallon electric water heater, and updated C-PVC and PVC plumbing.
Located in the owner-occupied Hamilton-Waltherson neighborhood, just off Harford Road, the property offers convenient access to I-95, I-695, Downtown Baltimore, and numerous employment centers throughout the region.
Investment Summary
• $1,200,000 Purchase Price
• $103,237 Current NOI
• $8,603 Monthly NOI
• 8.60% Cap Rate
•9.5% Projected Cash-on-Cash Return
• Tenant in Place Through 8/31/2030...
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Home facts
- Year built:1920
- Listing ID #:MDBA2218312
- Added:7 day(s) ago
- Updated:June 12, 2026 at 01:54 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Basement:Yes
- Basement Description:Full, Interior Access
- Living area:3,805 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:90% Forced Air, Electric, Heat Pump(s), Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1920
- Building area:3,805 sq. ft.
- Lot area:0.53 Acres
- Architectural Style:Traditional
- Construction Materials:Stucco
- Foundation Description:Stone
- Levels:3 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$315.37
- Tax amount:$6,489 (2025)
Features and amenities
- Amenities:200+ Amp Service
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