6 Beds
4 Baths
2,440 SqFt
6 Beds
4 Baths
2,440 SqFt
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,440 sqft
Price per Sqft $204
Subdivision Reservoir Hill
MLS Listing ID MDBA2177200
Style Converted Dwelling,Federal,Traditional,Victorian
Bedrooms 6
Full Baths 3
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 2,440
Year Built 1907
Annual Tax Amount $7,203
Tax Year 2024
Lot Size 2,873 Sqft
Acres 0.07
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Here's why this property stands out:
The upper unit features four full bedrooms, ideal for mid-term rental setups that attract traveling professionals, remote workers, or roommates looking for fully furnished space near Penn Station, Druid Hill Park, MICA, and downtown. This layout creates a consistent stream of premium rental income while still leaving you the freedom to live on-site or lease both units.
The lower unit has two bedrooms and is equally appealing for tenants who want an affordable, stylish, and centrally located space. Whether you choose to live in the 2-bed or 4-bed unit, the other can cover your mortgage—sometimes entirely. Depending on your financing structure and rental strategy, this property can generate enough monthly income to offset your housing costs completely, while you build equity and gain the tax advantages of owner-occupancy.
Already operating as a mid-term rental, this property comes income-ready with strong performance potential. Whether you're furnishing the units for traveling nurses, or offering 30+ day leases for corporate professionals, this setup is ideal for buyers who want cash flow without the chaos of short-term turnover.
Even better? The loan is assumable. That means you could step into lower interest rates than what the current market offers—creating real monthly savings from the start. In today's rate environment, that's a strategic advantage few listings can offer.
816 Newington is perfect for:
First-time buyers who want to house hack and build wealth
Investors expanding their portfolio with strong rent-to-price ratios
Families looking to stay close—but not too close—with separate units
Buyers who want income, tax benefits, and long-term appreciation without sacrificing lifestyle
Located just minutes from Druid Hill Park, Station North, Penn Station, and the major commuter routes into downtown and beyond, this property sits in the heart of where Baltimore is growing.
If you're ready to live smarter, not harder—and want a path to homeownership that builds your net worth instead of draining your bank account—816 Newington Ave is your next move.
Reach out to learn how to assume the current loan, run the numbers on potential rental income, or explore grant options if you plan to owner-occupy.
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Other Rooms Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Basement Fully Finished
Interior
Interior Features 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Combination Kitchen/Dining, Floor Plan - Traditional, Kitchen - Eat-In, Recessed Lighting
Hot Water 60+ Gallon Tank
Heating Forced Air
Cooling Central A/C
Flooring Carpet, Ceramic Tile, Vinyl
Inclusions Furniture Can be conveyed with property
Equipment Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
Fireplace N
Appliance Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
Heat Source Natural Gas
Laundry Washer In Unit
Exterior
Utilities Available None
Water Access N
Roof Type Flat
Accessibility Other
Garage N
Building
Story 4
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling, Federal, Traditional, Victorian
Level or Stories 4
Additional Building Above Grade, Below Grade
Structure Type Other
New Construction N
Schools
School District Baltimore City Public Schools
Others
Pets Allowed N
Senior Community No
Tax ID 0313103459 009
Ownership Fee Simple
SqFt Source Estimated
Security Features Security System
Acceptable Financing Cash, Conventional, FHA, FHVA, VA
Listing Terms Cash, Conventional, FHA, FHVA, VA
Financing Cash,Conventional,FHA,FHVA,VA
Special Listing Condition Standard
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