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2810 Montebello Ter, Baltimore, MD 21214

$400,000
: 2,208
SqFt

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Sold Price: $400,000
List Price: $425,000
Closing Date: Jun 04, 2026
Days on Market: 21
Status: CLOSED
MLS#: MDBA2209536
Living Area: 2,208
Lot Size (Acres): 0.17
Style: Other
Year Built: 1905
County: Baltimore City
School District: Baltimore City Public Schools

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Property Description

Rare opportunity to own a fully occupied 3-unit property generating $4,400/month ($52,800 annually) in a rapidly growing Northeast Baltimore location. Ideal for both investors seeking immediate cash flow and owner-occupants looking to significantly offset their mortgage with rental income from day one. The property features a strong and versatile unit mix, including a spacious 4BR/1.5BA two-level main unit ($1,900)—perfect for an owner-occupant seeking space and flexibility—alongside a 3BR/1BA unit ($1,500) and a 1BR/1BA unit ($1,000), appealing to a wide tenant base and supporting long-term rental stability. Each unit is separately metered for electric, allowing for efficient utility management, while the current owner covers common area utilities for added convenience. The property offers central A/C with supplemental ductless mini-split systems, functional layouts, and key fundamentals already in place—making it a strong addition to any portfolio or an ideal house hacking opportunity. Fully leased with a mix of lease terms, this property provides immediate income with upside potential. Located just off Harford Road with easy access to major commuter routes, shopping, and neighborhood amenities, this is a strategic acquisition in a steadily appreciating area. Whether you're looking to live in one unit while building equity or expand your investment portfolio with a stabilized asset, opportunities like this are limited.

3018014910

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Additional Information

Subdivision: Lauraville Historic District
Interior Features: Tub Shower, Some Carpeting, Cedar Closets, Ceiling Fans, Separate Dining Room, Entry Level Bedroom, Traditional Floorplan, Pantry
School District: Baltimore City Public Schools
Flooring: Carpet, Tile, Vinyl
Exterior Features: Lighting, Sidewalk, Street Lights
View: Street
Heating: Radiator(s)
Cooling: Central Air, Ductless Mini-Split
Roof: Shingle
Water: Public
Sewer: Public Sewer
Basement: Connecting Stairway, Daylight, Partial, Unfinished