
442 E Lorraine Ave, Baltimore, MD, 21218
About This Home
**11 SFR Portfolio in Baltimore / 130,000 per property** This 11 Single Family Baltimore portfolio generates $176,252 annually, with a pro forma of $219,840 at market rents. Year 1 NOI is $131,904, growing to $152,822 by Year 5. Investors benefit from a 9.22% cap rate, rising to 10.69% by Year 5, offering strong cash flow and value-add potential. The portfolio features 9 out of 11 lead-free, two- and three-bedroom homes with 1–2 bathrooms, hardwood floors, granite countertops, updated cabinetry, and appliances. Select units (1219 Glyndon Ave, 1115 Carroll St) include in-unit washers/dryers, and 1202 Sargeant St has central A/C. Many offer basements for storage or expansion. Located in ZIP codes 21223, 21230, 21216, and 21218 (serving 128,000+ residents), the properties are near Johns Hopkins University (30,000+ students), University of Maryland, Baltimore (6,900 students, 8,000+ staff), and major employers like Johns Hopkins Hospital (30,000+ employees). Transit options include MARC Train, Metro SubwayLink, and Light RailLink for connectivity across Baltimore and to Washington, D.C.
Getting Around
Schools
Construction
Condition
- Year built: 1900
Materials
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Heater
Basement
- Area: 672
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Features
- Finished area below ground: 0
- Finished area above ground: 1,344
Heating & Cooling
- Heating features: Radiator,Other
- Cooling features: Other
Interior Area
- Total structure area: 2,016
- Total interior livable area: 1,344 sqft
Property
Accessibility
- Accessibility features: Other
Details
- Parcel number: 0312173836A047
- Zoning: R-8
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
Parking
- Parking features: None
