This well-maintained three-unit property in Canton presents a compelling investment opportunity in one of Baltimore’s most established rental markets. With 2,838 square feet of above-grade living space and two large garages, the property offers multiple income streams and long-term growth potential. . | | The building generates approximately $68,100 in annual rental income. Yearly expenses, including property taxes, total around $17,823, resulting in a net operating income of $44,076.12 and an estimated cap rate of 6.48%.. | | The three-bedroom unit is currently vacant. A lease cannot be executed while the property is listed as Active Under Contract. | | This property boasts a strong rental history, providing immediate cash flow and stability. Located in a high-demand neighborhood with access to shops, dining, and waterfront attractions, it is positioned for continued tenant demand. The two garages add additional income potential or flexibility for owner use. This is a rare opportunity for investors seeking a well-performing asset in a thriving urban market. | | Rental license, registration, and inspection were renewed in July 2025. Recent updates to the three-bedroom unit include new carpet, fresh paint, a professional deep cleaning, and strong interest from prospective tenants.
Sold for $680,000 on 08/14/25
$680,000
2128 Fleet St, Baltimore, MD 21231
6beds
--baths
2,838sqft
Townhouse
Built in 1920
-- sqft lot
$680,200 Zestimate®
$240/sqft
$2,899 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 14, 2025 at 06:51am
Listed by:
Kyle Shay 410-952-8640,
Compass
Bought with:
Leif Eric Colon, 677944
Smart Realty, LLC
Source: Bright MLS,MLS#: MDBA2162116

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- 9'+ Ceilings
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,838
- Total interior livable area: 2,838 sqft
Property
Parking
- Total spaces: 2
- Parking features: Storage, Garage Door Opener, Oversized, Attached
- Attached garage spaces: 2
- Details: Garage Sqft: 610
Accessibility
- Accessibility features: Other
Features
- Exterior features: Sidewalks
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Size: 2,100 sqft
- Features: Corner Lot/Unit
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0301041784 008
- Zoning: R-8
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Federal
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Block
- Roof: Composition
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Baltimore
- Subdivision: Canton
- Municipality: Baltimore City
HOA & financial
Other financial information
- Total actual rent: 68100
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals, Parking
- Ownership: Fee Simple
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$680,200
2% more+ $13,604
With Zillow Showcase(estimated)
$693,804