942 N BROADWAYBALTIMORE, MD 21205

Townhouse · 5 Beds · 5 Full Baths · 1 Half Bath · 1,806 Sq. ft. | 0.02 Acres
$450,000 ACTIVE

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

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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

31
Median Age
7,757
Population Density (per sq. mile)
15%
College Educated
$33,645
Estimated Median Income
1,848
Estimated Total Home Owners
3,403
Estimated Total Renters
35% / 65%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

942 N BROADWAY Market Data

Based on the last 30 days in this zip code

$161,143
Average List Price
$188
Average Price per Square Foot
15
Properties Sold
77
Average Days on Market
117
Properties for Sale
Calculations provided by Reliance Network

942 N BROADWAY History

Date Event Value Agent
6/29/2026Source: BRIGHT MLS Added to Database
June 29, 2026
Listing provided courtesy of Turn Key Homes Litmited Libability- MLS# MDBA2221552MLS ProviderContact Information: 4438472950