Investment Opportunity

606 Gutman Avenue Baltimore, MD 21218

Investor Opportunity! Updated Legal 2 Unit, Delivered Vacant
$77,500
Pending
$77,500
Asking Price
$220,000
Est. ARV
$142,500
Gross Equity
$1700-2250
Rent Range

About This Deal

Legal 2-Unit Property – Delivered Vacant!

Excellent opportunity for investors looking for immediate cash flow or a value-add rental property. This legally zoned two-unit building will be delivered completely vacant, allowing you to set your own rents and tenants from day one.

Unit 1 (Main Level + Basement Access)

* 2 Bedrooms

* Living Room

* Kitchen

* Full Bath

* Basement access

* Central A/C

* Newer furnace

* Updated electrical and plumbing

* Will need turnover

Unit 2 (Second Floor)

* 2 Bedrooms

* Kitchen

* Full Bath

* Mini-split A/C

* Electric baseboard heat

* Turnkey Condition

Property Highlights

* ✅ Legal 2-unit

* ✅ Delivered vacant at settlement

* ✅ Separate BGE meters

* ✅ Separate water heaters

* ✅ Strong rental potential

* ✅ Great buy-and-hold investment

Estimated Market Rents

* Upper Unit: $900–$1,200/month

* Lower Unit: $800–$1,000/month

With separate utilities, updated major systems, and vacancy at closing, this property offers an ideal opportunity for investors seeking a straightforward rental, house hack, or long-term income-producing asset.

Property Details

Property TypeDuplex
Bedrooms / Bathrooms4 Bed / 2 Bath
Rent Range$1700-2250
Estimated ARV$220,000
Square FootageYear Built
Year Built1920

Investment Breakdown

Purchase Price
$77,500
Est. ARV
$220,000
Gross Equity
$142,500
Estimated ARV − Purchase Price (rehab not supplied)

Map & Address

606 Gutman Avenue Baltimore, MD 21218

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