217 E PRESTON ST Active Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21202
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $200
MLS Listing ID MDBA2176238
Style Converted Dwelling
Abv Grd Liv Area 5,500
Year Built 1900
Annual Tax Amount $10,564
Tax Year 2024
Lot Size 3,000 Sqft
Acres 0.07
Lot Dimensions 20' x 100'
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
TWO Mount Vernon Homes + Bonus Apartments | Live in One or Rent All Four!
A rare opportunity to own two adjacent buildings in Mount Vernon, offering a total of 12 rentable bedrooms across 5,500+ square feet. Each building features a full-size, three-story five-bedroom home, plus a one-bedroom auxiliary apartment—perfect for additional income, a guest suite, or future expansion. Whether you're looking to live in the newly renovated five-bedroom home at 217 E Preston and offset your mortgage, or lease all four units for strong cash flow, this property offers flexibility few others can match.
The vacant five-bedroom home at 217 E Preston features refinished hardwood floors, a brand-new stainless steel appliance suite, a custom ceramic tile backsplash, exposed brick accents, and two full bathrooms—one with a clawfoot tub, the other with a steel tub. Enjoy the convenience of in-unit laundry, central air, and both a walk-out rear porch and a private second-story porch.
Next door, 219 E Preston offers a tenant-occupied five-bedroom layout with original tin ceilings, interior shutters, and similar historic details. Two terrace-level one-bedroom apartments provide additional income. One has in-unit laundry, and both are currently rented.
Utilities are structured for affordability, with tenants reimbursing for water, gas, and electric based on lease terms. Each building has one gas meter and two electric meters, and the landlord has set up a simple allocation model that helps offset operating costs. Rear parking is available and may be leased for additional income.
Enjoy walkable access to Amtrak and MARC service at Penn Station (ideal for commuting to D.C. or New York), the Peabody Institute, University of Baltimore, MICA, and Baltimore's top cultural venues. Bike lanes, restaurants, and historic architecture make this a standout location for both living and investing.
217-219 East Preston Street are one legal lot; Block 0486, Lot 022.
Location
State MD
County Baltimore City
Zoning OR-2
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water,Radiator,Forced Air
Cooling Central A/C,Window Unit(s)
Inclusions 4 ranges, 4 refrigerators, 2 dishwashers, 2 built in microwaves
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Roof Type Rubber
Accessibility None
Total Parking Spaces 4
Garage N
Building
Foundation Block
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 0311010486 022
Ownership Ground Rent
SqFt Source Assessor
Special Listing Condition Standard