942 N BROADWAY Overview
- Time on Site:
- 15 hours
- Visits:
- 0
Executive Summary Fully renovated, stabilized income-producing property configured as five private bedroom suites with five full baths and one half bath. The property is 100% occupied with newly signed one-year leases and has a proven operating history serving Johns Hopkins students and healthcare professionals. Property Highlights ' Approx. 2,400&2,500+ SF ' 5 Bedrooms / 5 Full Baths / 1 Half Bath ' Dual HVAC systems ' Two laundry rooms ' New plumbing, electrical, HVAC ' Excellent condition ' Fully occupied Rent Roll Four rooms at $950/month and one room at $875/month. Gross monthly income: approximately $4,675. Gross annual income: approximately $56,100. Operating Summary Owner-paid utilities are approximately $700/month. Home warranty approximately $75/month. No HOA. Mortgage approximately $1,800/month (includes escrow; mortgage is not used in NOI valuation). Investment Thesis The property is best marketed as a turnkey, cash-flowing investment rather than a traditional single-family residence. Fresh leases, multiple income streams, and proximity to Johns Hopkins distinguish it from many nearby properties. Valuation Discussion Residential comparable sales and the income approach should both be considered. The appropriate asking price should ultimately be supported by verified comparable sales, legal rental configuration, and documented operating income. Marketing Strategy Target investor buyers seeking immediate cash flow, student housing, healthcare-worker housing, or long-term hold opportunities. Emphasize occupancy, renovation quality, and operational history. Next Steps This memorandum is a preliminary package. A final broker-quality offering memorandum should incorporate current comparable sales, neighborhood maps, charts, verified operating statements, and professional photography. Current Rent Roll Room Monthly Rent 1-$950 2-$950 3-$950 4-$950 5-$875 Total $4,67
942 N BROADWAY Facts & Features
- Type Townhouse
- Sq. ft. 1,806
- Price/Sq.ft. $249
- Lot 0.02 Acres
Details
General
Association/HOA
- Association: No
- Condo/Coop Association: No
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 1974
- Year Built: 1920
Location/Region
- Country: US
- County: BALTIMORE CITY
- County Or Parish: BALTIMORE CITY
- In City Limits: Yes
- Subdivision Name: NONE AVAILABLE
Parking Information
- Type of Parking: On Street
Tax Information
- City/Town Tax: 1686.00
- City/Town Tax Payment Frequency: Annually
- County Tax: 84.00
- County Tax Payment Frequency: Annually
- Tax Annual Amount: $1,770.00
- Tax Assessed Value: 100000.00
- Tax Year: 2025
General Information
- Property Type: Residential
- School District Name: BALTIMORE CITY PUBLIC SCHOOLS
- Senior Community: No
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: OR-1
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Full: 5
- Bathrooms Half: 1
- Bathrooms Half Main Level: 1
- Bathrooms Total: 6
- Bedrooms Total: 5
Building Exterior/Construction
- Structure Type: Interior Row/Townhouse
Building Interior
- Above Grade Finished Area: 1806
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Central Air: Yes
- Hot Water: Natural Gas
General Information
- Accessibility Features: None
- Cooling: Central A/C
- Fireplace: No
- Foundation Details: Block
- Levels: 3
- Living Area: 1806
- Living Area Source: Estimated
- Main Level Bathrooms: 1.00
Exterior
Lot Information
- Lot Size Source: Estimated
- Lot Size Square Feet: 900.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Traditional
- Construction Materials: Brick
General Information
- Other Structures: Above Grade
- Sewer: Public Sewer
- Water Access: No
942 N BROADWAY Neighborhood
Community
21205 (BALTIMORE) Demographics
942 N BROADWAY Monthly Cost
942 N BROADWAY Market Data
Based on the last 30 days in this zip code
942 N BROADWAY History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: BRIGHT MLS | June 29, 2026 |
Contact Information: 4438472950

