About 1404 Madison Ave
Ready to GO investment property with 5 multiple units. All recently rented. Total annual rent roll is $66,000. Great cap rate of 8%! Rental license valid until March 2028. Each unit has charming hardwood floors, a full kitchen and full bath. The property has many of it's original 1920's charming wood details and moldings, high ceilings and large rooms. The windows were replaced recently and allow lots of natural light into the spaces. The lower level has multiple washer/dryers for the tenants use and an entire floor of storage. There is an enclosed exterior rear courtyard and two car garage. All current leases will carry into 2026. Please contact the listing agents with any questions or to schedule a showing.
Features of 1404 Madison Ave
MLS® # | MDBA2185356 |
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Price | $749,900 |
Bathrooms | 0.00 |
Square Footage | 5,000 |
Acres | 0.07 |
Year Built | 1920 |
Type | Multi-Family |
Sub-Type | Other, Interior Row/Townhouse |
Style | Colonial |
Status | Active |
Community Information
Address | 1404 Madison Ave |
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City | BALTIMORE |
County | BALTIMORE CITY-MD |
State | MD |
Municipality | Baltimore City |
Zip Code | 21217 |
Amenities
Amenities | Additional Stairway, Chair Railing, Crown Molding, Curved Staircase, Formal/Separate Dining Room, Skylight(s), Wainscotting, Wood Floors |
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# of Garages | 2 |
Garages | Garage - Rear Entry |
Is Waterfront | No |
Interior
Interior Features | Floor Plan-Traditional |
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Appliances | Dishwasher, Stove |
Heating | Forced Air |
Cooling | Window Unit(s) |
Has Basement | Yes |
Basement | Connecting Stairway, Daylight, Partial, Improved, Partially Finished, Windows, Other |
Fireplace | No |
Exterior
Exterior | Brick and Siding |
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Exterior Features | Fire Escape |
Lot Description | Rear Yard |
Windows | Double Pane, Energy Efficient |
Foundation | Stone, Brick/Mortar |
School Information
District | BALTIMORE CITY PUBLIC SCHOOLS |
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Additional Information
Date Listed | September 30th, 2025 |
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Days on Market | 16 |
Zoning | R-7 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Long & Foster Real Estate, Inc. |
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Contact Info | 4104803338 |