MD > Baltimore
Baltimore, MD 21218,702 HOMESTEAD ST
Baltimore, MD 21218,702 HOMESTEAD ST
Baltimore, MD 21218,702 HOMESTEAD ST
Baltimore, MD 21218,702 HOMESTEAD ST
Baltimore, MD 21218,702 HOMESTEAD ST
Baltimore, MD 21218,702 HOMESTEAD ST
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Jason Martin Group

Jason Martin Group

+1(202) 641-0299
Listed by Will A Cannon III • Ben Frederick Realty, Inc.
$ 435,000
Est. payment | /mo

1,920 SqFt

Save
$ 435,000
Est. payment | /mo
Save

1,920 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $226

MLS Listing ID MDBA2185190

Style Converted Dwelling

Abv Grd Liv Area 1,920

Year Built 1920

Annual Tax Amount $6,191

Tax Year 2024

Lot Size 4,000 Sqft

Acres 0.09

Lot Dimensions 40' x 100'

Property Sub-Type Detached

Source BRIGHT

Property Description

Why rent when you can own—and have your tenants help pay the mortgage? 702 Homestead Street is a licensed 4-unit building in Baltimore's Better Waverly neighborhood, offering a unique opportunity for an owner-occupant to move into a freshly improved apartment while collecting rent from three other two-bedroom units. The vacant unit features updated finishes, in-unit laundry hookups, and direct access to a rear yard—ideal for a private outdoor retreat.

The property is separately metered for gas and electric, with each unit featuring its own furnace, central air conditioning, and electric water heater. A 2020 roof, updated PVC and C-PVC plumbing, and modern wood-framed replacement windows reduce future capital expense risk. While the owner currently pays water and sewer, a savvy house hacker could implement utility billbacks in the future to further reduce monthly out-of-pocket costs.

Located in a neighborhood where over half of residents own their homes, this property benefits from well-maintained surroundings and strong community pride. Just a 4-minute walk from Giant Food, Waverly Ace Hardware, the YMCA, and the Enoch Pratt Library, tenants (and you) will enjoy daily convenience. The 32nd Street Farmers Market is just around the corner, and the Johns Hopkins University Homewood Campus is less than a mile away. With modern building systems, stable rental income, and room to grow returns over time, 702 Homestead is a smart choice for both lifestyle and long-term wealth.

Location

State MD

County Baltimore City

Zoning R-7

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Inclusions 4 30" gas ranges, 4 dishwashers,

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 1920

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0309034079 002

Ownership Ground Rent

SqFt Source 1920

Acceptable Financing FHA, Conventional, VA, Private

Listing Terms FHA, Conventional, VA, Private

Financing FHA,Conventional,VA,Private

Special Listing Condition Standard

Bright MLS (BMLS)
Jason Martin Group

+1(202) 641-0299

jason@jasonmartingroup.com

1350 Florida Ave NE, Washington, DC, 20002, Unite States

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