721 Richwood Avenue
Baltimore, MD 21212
- 3 beds
- 2 baths
- 1,200 sqft
- 2,000 sqft lot
- $116 per sqft
- 1925 build
Turn-Key Income-Producing Opportunity in Historic Govans! Well-maintained tenant-occupied rowhome in the evolving Govans neighborhood of Baltimore City. This turn-key investment boasts original hardwood floors on the main level, elegant ceramic tile, and high ceilings that add spacious character. Upstairs features three generously sized bedrooms and a full bath—ideal for families or shared living arrangements. Whether you're a novice looking to start your investment journey or a seasoned investor adding to your portfolio, this property checks all the boxes. It offers consistent monthly cash flow while your real estate asset appreciates in value over time. Current lease is month to month. $1,250 per month. Reliable, long term tenant over 8+ years. Please schedule a showing to view the interior of property or have agent communicate with listing agent. , did not want to put tenants personal items on the MLS Located near the heart of Govans, a neighborhood with deep roots tracing back to the 1700s and undergoing a revitalization, this property sits in a community known for its historical charm and strategic location. From the resurgence of Belvedere Square to the ongoing development efforts along the York Road corridor, Govans continues to attract interest from homeowners and investors alike. . Don’t miss this chance to own a piece of Baltimore history while generating income from Day One!
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Last updated May 6, 2025
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MLS# MDBA2165056 —
The Building
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Year Built:1925
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Structure Type:Interior Row/Townhouse
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Architectural Style:Traditional
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Levels:3
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Accessibility Features:Level Entry - Main
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Foundation Details:Concrete Perimeter, Block
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Basement:Yes
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Basement Type:Partially Finished
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Basement Footprint Percent%100.0
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt:600
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1200
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt:600
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1200
Interior
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Room List:Dining Room, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Storage Room, Bathroom 1, Bathroom 2, Bonus Room
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Flooring Type:Hardwood, Tile/Brick, Other
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1800
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Living Area SqFt:1,200 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA
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Possession:Settlement
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Lease Considered:No
Location
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Directions:Use GPS App
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Latitude:39.34642000
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Longitude:-76.60609000
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Location Type:Urban
The Property
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Property Type:Residential
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Property Condition:Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.05
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Lot Size Source:Estimated
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Lot SqFt:2,000 Sqft
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Additional Parcels:No
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Zoning:R-6
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Road Surface Type:Approved, Black Top
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Road Responsibility:City/County
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View:City
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Horse:No
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Waterview:No
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Fencing:Rear
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (443) 535-2083
- Office phone:
- (833) 335-7433
Taxes
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Tax ID Number:0327435216A011
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Tax Year:2024
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Tax Lot:011
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Tax Annual Amount:$2,067
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Tax Assessed Value:$96,333
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Year Assessed:2025
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County Tax:98.00
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City/Town Tax:1969.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:3
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:3
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:1.00
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Main Level Full Baths:1
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Upper Level Full Baths:1
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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Upper Level Full Baths:1
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Utilities:Electric Available, Cable TV Available, Sewer Available, Water Available
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas, Electric
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Water Source:Public
Appliances
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Appliances:Microwave, Oven/Range - Gas, Refrigerator, Washer, Dryer
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Laundry Type:Has Laundry, Dryer In Unit, Washer In Unit, Hookup
Schools
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School District Name:Baltimore City Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Richnor Springs
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Senior Community:No
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Pool:No Pool
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$140,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$749
|
Taxes | $172 |
Insurance | $38 |
Utilities | $193 See report |
Total | $1,152/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/22/25
Apr 22, 2025
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Listed / Active | BRIGHT | $140,000 |