Baltimore, MD 21202,217 E PRESTON ST
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Baltimore, MD 21202,217 E PRESTON ST
Baltimore, MD 21202,217 E PRESTON ST
Baltimore, MD 21202,217 E PRESTON ST
Baltimore, MD 21202,217 E PRESTON ST
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Joseph Martin

Joseph Martin

Menkiti Group

+1(561) 716-5970
Listed by Will A Cannon III • Ben Frederick Realty, Inc.
$ 1,100,000
Est. payment /mo
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217 E PRESTON ST Baltimore, MD 21202

5,500 SqFt


UPDATED:

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

Live in One, Rent the Rest: Spacious 5-Bedroom Home + 3 Rental Units in Mount Vernon
217–219 E Preston Street offers a rare opportunity to live in a newly renovated, three-story five-bedroom home while generating rental income from three additional units. Located just two blocks from Penn Station in historic Mount Vernon, this property combines flexibility, size, and location—perfect for buyers seeking both a home and a smart financial investment.

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


Bright MLS (BMLS)