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Investment Highlights
- Two Single-Family Rentals on the Same Block — Easier oversight, leasing, and maintenance with both properties in one location.
- 13.3% Cash-on-Cash Returns — Supported by $3,200 market rents as leases turn over.
- Tenants Pay All Utilities — Minimizes owner expense and supports stronger cash flow.
- Across from MedStar Union Memorial + Steps to JHU Homewood Campus
Executive Summary
3305 and 3309 Guilford Avenue present an opportunity to acquire two single-family rental homes on the same block in Baltimore’s Charles Village / Oakenshawe corridor. Each home is configured with four bedrooms and two or more bathrooms, supporting strong rental demand from students, medical professionals, and area employees. The tenants are responsible for all utilities, creating a straightforward operating structure with limited owner expense.
The homes are located directly across from MedStar Union Memorial Hospital and one block from the Johns Hopkins Shuttle, providing direct access to the Homewood Campus, East Baltimore Medical Campus, and Penn Station. The Charles Village Shopping District is one block away, and Johns Hopkins University’s Homewood Campus is just two blocks from the properties. This central location supports consistent leasing demand driven by proximity to major employment and academic institutions, as well as a Walk Score of 94.
Comparable properties in similar condition are achieving rents of approximately $3,200, supporting a path to 13.3% cash-on-cash returns as leases turn over. The offering combines stable in-place income with the ability to increase rents through natural lease cycles in one of Baltimore’s most established rental markets.
The homes are located directly across from MedStar Union Memorial Hospital and one block from the Johns Hopkins Shuttle, providing direct access to the Homewood Campus, East Baltimore Medical Campus, and Penn Station. The Charles Village Shopping District is one block away, and Johns Hopkins University’s Homewood Campus is just two blocks from the properties. This central location supports consistent leasing demand driven by proximity to major employment and academic institutions, as well as a Walk Score of 94.
Comparable properties in similar condition are achieving rents of approximately $3,200, supporting a path to 13.3% cash-on-cash returns as leases turn over. The offering combines stable in-place income with the ability to increase rents through natural lease cycles in one of Baltimore’s most established rental markets.
Property Facts
| Price | $854,338 CAD | Number of Properties | 2 |
| Price / SF | $417.97 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 9.38% | Total Building Size | 2,044 SF |
| Sale Type | Investment | Total Land Area | 0.04 AC |
| Status | Active |
| Price | $854,338 CAD |
| Price / SF | $417.97 CAD / SF |
| Cap Rate | 9.38% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 2,044 SF |
| Total Land Area | 0.04 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3305 Guilford Ave, Baltimore, MD 21218 | Specialty | 2,044 SF | 1900 | - |
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2 Single Family Rentals By JHU
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