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923 1st, Brooklyn, MD 21225

Local realty services provided by:CENTURY 21 New Millennium
923 1st,Brooklyn, MD 21225
$89,474
  • 2 Beds
  • - Baths
  • 1,104 sq. ft.
  • Multi-family
  • Pending
Listed by: yaakov kanevsky
Office: midfield realty
MLS#:MDAA2125366
Source:BRIGHTMLS

Price summary

  • Price:$89,474
  • Price per sq. ft.:$81.05

About this home

This 10-property, 19-unit portfolio in Anne Arundel County is being brought to market at $89,473 per unit, approximately 11% below the area’s average sales price of $100,217 per unit. The portfolio generates a strong day-one cap rate of 7.26%, with a clear path to a stabilized cap rate of 11.4% through strategic rent increases and modest unit improvements. Current average rents across the portfolio are approximately $1,000 per unit, while market rents in the area average $1,400, presenting an immediate $500/month per unit income upside. Once stabilized at market rents, the portfolio has the potential to achieve a cap rate of approximately 11.4%, making this a compelling opportunity for investors see This 10-property, 19-unit portfolio in Anne Arundel County presents an exceptional investment opportunity with a mix of 2–3 bedroom brick duplexes and a rowhome, all featuring basements and efficient layouts perfect for rental income. The units are largely move-in ready, boasting updated

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Home facts

  • Year built:1948
  • Listing ID #:MDAA2125366
  • Added:141 day(s) ago
  • Updated:January 24, 2026 at 08:33 AM

Rooms and interior

  • Bedrooms:2
  • Living area:1,104 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1948
  • Building area:1,104 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$89,474
  • Price per sq. ft.:$81.05

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