This well-maintained, fully leased three-unit property in the heart of Canton offers a strong investment opportunity in one of Baltimore’s most desirable rental markets. With 2,838 square feet of above-grade living space and two spacious garages, it provides multiple income streams and long-term appreciation potential. The property generates an annual rental income of $64,750 with yearly expenses, including taxes, totaling $18,714, resulting in a net operating income of $46,036 and a cap rate of 6.6%. This property is fully leased with a strong rental history and delivers immediate cash flow and stability. Located in a high-demand neighborhood with access to shops, dining, and waterfront attractions, it is positioned for continued tenant demand. The two garages add additional income potential or flexibility for owner use. This is a rare opportunity for investors seeking a well-performing asset in a thriving urban market. Schedule your showing today.
For sale
Price cut: $2.9K (5/17)
$680,700
2128 Fleet St, Baltimore, MD 21231
6beds
--baths
2,838sqft
Est.:
Townhouse
Built in 1920
-- sqft lot
$668,700 Zestimate®
$240/sqft
$-- HOA
What's special
Spacious garages
- 67 days
- on Zillow |
- 622 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: May 17, 2025 at 10:40am
Listed by:
Kyle Shay 410-952-8640,
Compass (443) 873-3585
Source: Bright MLS,MLS#: MDBA2162116

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- 9'+ Ceilings
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,838
- Total interior livable area: 2,838 sqft
Property
Parking
- Total spaces: 2
- Parking features: Storage, Garage Door Opener, Oversized, Attached
- Attached garage spaces: 2
- Details: Garage Sqft: 610
Accessibility
- Accessibility features: Other
Features
- Exterior features: Sidewalks
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Size: 2,100 Square Feet
- Features: Corner Lot/Unit
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0301041784 008
- Zoning: R-8
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Federal
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Block
- Roof: Composition
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Canton
Location
- Region: Baltimore
- Municipality: Baltimore City
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $544,867
- Annual tax amount: $12,859
- Date on market: 3/31/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 65700
- Income includes: Apartment Rentals, Parking
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