2511 Madison Ave, Baltimore, MD 21217

Property Description

3 unit multi-family building. one 4 bedroom/2 bathroom unit and 2- 3 Bedroom/1 Bath units | Fully Renovated, Lead Certified, Separately Metered 3-Unit Low-risk, low-maintenance asset with strong rentability from day one. Potential rental income $5100-$5500 per month. ● High-End Finishes, Hardwood Floors, and Soaring Ceilings — Attract quality tenants and reduce vacancy with standout unit interiors. ● Quick Access to MLK Blvd and 4 MLK Life Sciences Hub — Easy commuter access to major employment centers supports higher rent potential. ● Less Than half a Mile to Upcoming Reservoir Square — Future grocery, retail, and office will drive tenant demand and long-term appreciation. Each of the three thoughtfully designed apartments blends historic charm with modern updates. Soaring ceilings—some reaching up to 12 feet— hardwood and carpet floors run throughout, while oversized windows bring in plenty of natural light. Kitchens are equipped with ceramic tile, and full suites of energy-efficient appliances—including full-size gas ranges, refrigerators, dishwashers, and disposals. Apartment 1 spans four levels with two full baths and an open-concept main floor, offering a spacious layout that works beautifully for an owner-occupant. It is the largest unit at approximately 2700 square feet, features two full baths across four levels, a flexible basement floor room, and a finished basement with a wet bar—making it a standout choice for someone looking to live on-site while offsetting their mortgage. All units in this renovated Reservoir Hill multi-family are separately metered and outfitted with energy-efficient gas heat and central air conditioning for year-round comfort and cost savings. Laundry hookups are located in the each unit—adding even more utility savings for the landlord. Off-street parking is available. A savvy landlord could bill back for monthly water and sewer charges, increasing overall income. 2511 Madison sits less than a half mile from the future Reservoir Square development, a multi-phase mixed-use project that will introduce grocery-anchored retail, new commercial office space, and modern amenities to the heart of the neighborhood. Located on a quiet, tree-lined street in Reservoir Hill, the home is a quarter a mile from the newly reopened walking loop at Druid Lake—part of a once-in-a-generation underground tank project transforming the iconic reservoir into a fully recreational lake. Often referred to as Baltimore’s version of Central Park, Druid Hill Park will soon offer boating, walking trails, and expanded green space around a revitalized lakefront. Nearby institutions like the Maryland Institute College of Art (MICA) create steady demand for student and faculty housing. Residents also enjoy access to ball fields, the Baltimore Zoo, tennis courts, and wide-open parkland. For commuters and professionals, tenants can cut through Bolton Hill for a quick connection to MLK Boulevard, offering under-two-mile access to 4MLK—a brand new 250,000 square foot life sciences hub—and convenient routes to I-83, I-95, and BWI. With major public and private investment reshaping the area, Reservoir Hill offers a rare blend of historic charm and long-term growth potential.