Converted Dwelling
3433 GUILFORD TERRACE
BALTIMORE , MD 21218
MLS#: MDBA2207360
$585,000
Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1918
Sq.Footage
2,335
Rare opportunity to acquire a four-unit property in the predominantly single-family neighborhood of Oakenshawe—just blocks from Johns Hopkins University and Union Memorial Hospital. This well-positioned asset offers both immediate income and owner-occupant flexibility, with the property qualifying for FHA self-sufficiency. Ideal for house hacking, a buyer can occupy one unit while the remaining three units generate approximately $4,500/month in rental income. Under an 80% financing scenario, the projected monthly net holding cost is approximately $233, allowing an owner to live in the building at a significantly reduced cost while building equity. 3433 Guilford Terrace offers four one-bedroom apartments with strong natural light from southern exposure, a renovated first-floor unit, and amenities that support tenant retention including a private porch, large rear yard, and on-site laundry. Three units are on month-to-month leases, offering flexibility to adjust rents or implement light improvements to further increase income. Located on a quiet, tree-lined street with a Walk Score of 90, the property benefits from proximity to Johns Hopkins Homewood Campus, Union Memorial Hospital, Charles Village retail, and the year-round Waverly Farmers Market—driving consistent rental demand and long-term occupancy.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
1985.0
-
Cooling YN
YES
-
Cooling
Central Air, Window Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Heat Pump, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
None
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.06
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Converted Dwelling
Price
-
Sales Price
$585,000
-
Tax Amount
$12,161
-
Zoning
Licensed for 4 Dwelling Units.
-
Sq. Footage
2, 335
-
Price/SqFt
$250
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
011
-
Water Source
Public
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Will A Cannon III , Ben Frederick Realty, Inc.
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AGENT
Summer Burton
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