UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,714 sqft
Price per Sqft $176
Subdivision Waverly
MLS Listing ID MDBA2164416
Style Other
Abv Grd Liv Area 1,826
Year Built 1915
Annual Tax Amount $3,552
Tax Year 2023
Lot Size 2,714 Sqft
Acres 0.06
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Appraised at $570,000 – Instant Equity + Cash Flow
📍 622 E 33rd Street | Baltimore, MD 21218
Back on the market with a major price improvement, this fully renovated, turn-key 4-unit multi-family in the heart of Waverly is your opportunity to cash flow from Day 1. Minutes from Johns Hopkins University, Morgan State, Lake Montebello, and Downtown Baltimore, this property offers prime location, strong rental demand, and long-term upside.
Each spacious unit features modern kitchens, updated baths, separate gas & electric meters, and updated mechanicals — ideal for long-term tenants or short-term rental opportunities. The finished lower-level apartment includes a private entrance, perfect for an owner-occupant, in-law suite, or Airbnb potential.
💰 Property Highlights:
✔️ 4 Fully Renovated Units – Mix of 1BR & 2BR Layouts
✔️ Appraised at $570K – $90K in Built-In Equity
✔️ New Roof, Windows, HVAC, Plumbing, & Electrical
✔️ Separate Utilities – Ideal for Easy Management
✔️ FHA-Eligible! Live in 1 Unit, Rent the Others
✔️ Just 1 Rented Unit Covers the Mortgage
✔️ One Unit Currently Rented – Income in Place
✔️ Convenient to Shopping, Transit, and Major Employers
Whether you're a first-time buyer using FHA financing or a seasoned investor looking for high ROI, this is a wealth-building opportunity in one of Baltimore's most accessible neighborhoods.
📝 Sale subject to 3rd party approval.
🔍 Inspections welcome for informational purposes only.
🔧 Property sold as-is – seller will make no repairs.
📞 Showings by appointment via sentrilock. Don't wait – deals like this don't last.
Location
State MD
County Baltimore City
Zoning R-7
Rooms
Basement Other
Interior
Hot Water Electric
Heating Radiator
Cooling Central A/C
Inclusions All attached appliances will convert.
Equipment Stove, ENERGY STAR Refrigerator, ENERGY STAR Dishwasher
Fireplace N
Appliance Stove, ENERGY STAR Refrigerator, ENERGY STAR Dishwasher
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Waverly Elementary-Middle School
Middle Schools Waverly
High Schools Baltimore City College
School District Baltimore City Public Schools
Others
Tax ID 0309024053 012
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, FHLMC, FHVA, FMHA, FNMA, Private, USDA, VA
Listing Terms Cash, Conventional, FHA, FHLMC, FHVA, FMHA, FNMA, Private, USDA, VA
Financing Cash,Conventional,FHA,FHLMC,FHVA,FMHA,FNMA,Private,USDA,VA
Special Listing Condition Short Sale
