Skip main navigation
For sale
  • Price cut: $25K (7/3)
    $425,000

    942 N Broadway, Baltimore, MD 21205

    5beds
    1,806sqft
    : 
    Loading
    Get pre-qualified
    Townhouse
    Built in 1920
    900 Square Feet Lot
    $423,700 Zestimate®
    $235/sqft
    $-- HOA

    What's special

    Fully renovatedNew plumbing electrical hvacFive private bedroom suitesTwo laundry roomsDual hvac systems
    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 Turn Key Home, furniture included.
    10 days
    |
    134
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Song Hong 443-847-2950,

    Turn Key Homes Litmited Libability 4438472950

    Source: Bright MLS,MLS#: MDBA2221552MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Basement
      • Area: 168
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,974
      • Total interior livable area: 1,806 sqft
      • Finished area above ground: 1,806

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 900 Square Feet
      Details
      • Additional structures: Above Grade
      • Parcel number: 0307061215 020
      • Zoning: OR-1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Traditional
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None Available
      HOA
      • Has HOA: No
      Location
      • Region: Baltimore
      • Municipality: Baltimore City

      Financial & listing details

      • Price per square foot: $235/sqft
      • Tax assessed value: $100,000
      • Annual tax amount: $1,770
      • Date on market: 6/30/2026
      • Listing agreement: Exclusive Agency
      • Ownership: Fee Simple

        Estimated market value

        $423,700

        $403,000 - $445,000

        $3,122/mo

        Price history

        DateEventPrice
        7/3/2026Price change$425,000-5.6%$235/sqft
        Source: Bright MLS #MDBA2221552 Report a problem
        6/30/2026Listed for sale$450,000+900%$249/sqft
        Source: Bright MLS #MDBA2221552 Report a problem
        3/23/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/22/2024Listed for rent$4,000$2/sqft
        Source: Zillow Rentals Report a problem
        2/16/2021Sold$45,000+100.9%$25/sqft
        Source: Public Record Report a problem
        12/27/2001Sold$22,400-61.4%$12/sqft
        Source: Public Record Report a problem
        2/16/2001Sold$58,000-87.1%$32/sqft
        Source: Public Record Report a problem
        9/1/1998Sold$451,000$250/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $75,000 +1.4%
        2024$1,746 +1.4%$73,967 +1.4%
        2023$1,721 +507.8%$72,933 +507.8%
        2022$283 +5.3%$12,000 +5.3%
        2021$269 +5.6%$11,400 +5.6%
        2020$255 +5.9%$10,800 +5.9%
        2019$241 $10,200
        2018$241 $10,200
        2017$241 -0.4%$10,200
        2016$242 $10,200
        2015$242 $10,200
        2014$242 $10,200
        2013-- $10,200
        2012-- $10,200
        2011-- $10,200 -85.5%
        2010-- $70,200 +38.2%
        2009-- $50,800 +61.8%
        2008-- $31,400 +161.7%
        2007-- $12,000
        2006-- $12,000
        2005-- $12,000
        2004-- $12,000 +33.3%
        2003-- $9,000 +50%
        2002-- $6,000 +100%
        2001-- $3,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Gay Street

        Getting around

        91 / 100
        Walker's Paradise
        89 / 100
        Excellent Transit
        78 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Baltimore City Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel