This spacious, fully leased investment property is rented at $3,850/month through May 2026, with a two-year lease in place from June 2025 to May 2027 at $3,975/month, ensuring long-term cash flow stability. With an 8.95% cap rate and a projected 10.6% cash-on-cash return, this property presents a strong investment opportunity in a high-demand rental market. The home features hardwood flooring throughout the living spaces, laminate flooring in the kitchen, and a grassy rear yard for tenant enjoyment. The kitchen is built for durability, offering wood cabinetry, laminate countertops, and a functional layout. A half bath is conveniently located on the main floor, while full bathrooms are found on both the second and third floors. A full basement with laundry provides additional storage or flexible use, adding to the property’s tenant appeal. Prime Location & High Rental Demand Located in Charles Village, this home is just four walkable blocks from Johns Hopkins University Homewood Campus and the Charles Village Shopping District, featuring Chipotle, Starbucks, Barnes & Noble, Streets Market, and an array of local shops and restaurants. Union Memorial MedStar Hospital is just two blocks north. For added security and peace of mind, the street is patrolled by Charles Village Special Benefits District and Johns Hopkins Campus Security Officers. With a strong lease structure, professional management, and excellent projected returns, this is a rare opportunity to acquire a fully stabilized rental investment in a high-demand market.
Sold
$415,000
3206 Guilford Ave, Baltimore, MD 21218
6beds
2,076sqft
Townhouse
Built in 1924
2,112 sqft lot
$416,900 Zestimate®
$200/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: May 07, 2025 at 09:32am
Listed by:
Cheryl Sadera 410-688-1348,
Ben Frederick Realty, Inc.
Bought with:
Bob Chew, 575539
Berkshire Hathaway HomeServices PenFed Realty
Chris Burton, 5008488
Berkshire Hathaway HomeServices PenFed Realty
Source: Bright MLS,MLS#: MDBA2158418

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 792
Heating
- Radiator, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,868
- Total interior livable area: 2,076 sqft
- Finished area above ground: 2,076
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 2,112 sqft
- Dimensions: 22'3" x 96'
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0312193878 023
- Zoning: R-6
- Zoning description: Licensed for 1 Rental Unit
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Baltimore
- Subdivision: Charles Village
- Municipality: Baltimore City
HOA & financial
Other financial information
- Total actual rent: 46200
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Ground Rent
Services availability

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$416,900
2% more+ $8,338
With Showcase(estimated)
$425,238