3211 Batavia Ave - Strong Monthly Income in Northwest Baltimore 3,805 SF Health Care Building Offered at $1,653,768 CAD at a 8.60% Cap Rate in Baltimore, MD 21214

3211 Batavia Avenue offers investors a leased residential income asset generating $8,603 in current monthly NOI with tenant occupancy secured through August 31, 2030. The property operates under a lease structure that shifts utilities, maintenance, and building systems responsibility to the tenant, limiting owner involvement and supporting a more passive ownership profile.
The property is configured across nine bedrooms and supports licensed group living use with an established operator already in place. A 2024 renovation delivered durable finishes suited for high-occupancy use, while the lease structure provides defined income and operational continuity from day one.
Mechanical systems include a 90+ AFUE Rheem gas-fired furnace with dual-zone central air conditioning, an additional attic-mounted electric heat pump with independent thermostat, and a 50-gallon electric water heater. Per lease terms, the tenant is responsible for maintenance and replacement of building systems, interior and exterior upkeep, and utility expenses—supporting stronger monthly cash flow and reducing capital expenditure exposure.
Located in Hamilton-Waltherson just off Harford Road, the property benefits from direct access to I-695 and I-95. The surrounding neighborhood is largely owner-occupied, supporting long-term stability and consistent property values.