816 NEWINGTON AVE new to site

Baltimore,MD 21217

$ 499000

- Bed

- Bath

2440 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,440 sqft

Price per Sqft $204

MLS Listing ID MDBA2177530

Style Converted Dwelling

Abv Grd Liv Area 2,440

Year Built 1907

Annual Tax Amount $7,203

Tax Year 2024

Lot Size 2,873 Sqft

Acres 0.07

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

816 Newington Ave isn't just another duplex—it's a smart investment.

This spacious multi-family rowhome is already operating as a successful mid-term rental and comes with an assumable loan at just 2.625%, giving buyers a rare chance to lock in a below-market rate and step into instant income.

Upstairs, a well-sized 4-bedroom unit offers plenty of space to live or rent at a premium. Downstairs, the 2-bedroom unit is ideal for extended stay tenants, traveling professionals, or multigenerational living—and a new tenant is scheduled to move in on August 11, securing immediate cash flow.

Whether you're planning to live in one unit and let the other cover the mortgage, or rent both for maximum return, this property is already set up to work for you from day one.

Located minutes from Druid Hill Park, Penn Station, and downtown Baltimore, 816 Newington Ave offers easy access to green space, transit, and a fast-developing neighborhood. Inside, tall ceilings and timeless architectural details give each unit a sense of charm and comfort that both renters and owners will value.

This is the kind of opportunity savvy buyers look for—flexible use, reliable income, and a financial head start.
Ready to stop overpaying and start building real wealth?
816 Newington is your next move.

Location

State MD

County Baltimore City

Zoning R-8

Rooms

Basement Fully Finished

Interior

Interior Features 2nd Kitchen,Bathroom - Stall Shower,Bathroom - Tub Shower,Carpet,Combination Kitchen/Dining,Floor Plan - Traditional,Kitchen - Eat-In,Recessed Lighting

Hot Water 60+ Gallon Tank

Heating Forced Air

Cooling Central A/C

Flooring Carpet,Ceramic Tile,Vinyl

Equipment Dryer,Exhaust Fan,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Stove,Washer,Water Heater

Fireplace N

Appliance Dryer,Exhaust Fan,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Stove,Washer,Water Heater

Heat Source Natural Gas

Exterior

Utilities Available None

Water Access N

Roof Type Flat

Accessibility Other

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

Additional Building Above Grade,Below Grade

Structure Type Other

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0313103459 009

Ownership Fee Simple

SqFt Source Estimated

Security Features Security System

Acceptable Financing Cash,Conventional,FHA,FHVA,VA

Listing Terms Cash,Conventional,FHA,FHVA,VA

Financing Cash,Conventional,FHA,FHVA,VA

Special Listing Condition Standard

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