6 Beds
5 Baths
3,460 SqFt
6 Beds
5 Baths
3,460 SqFt
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,460 sqft
Price per Sqft $147
Subdivision Federal Hill Historic District
MLS Listing ID MDBA2212370
Style Other
Bedrooms 6
Full Baths 5
HOA Y/N N
Abv Grd Liv Area 3,460
Year Built 1880
Annual Tax Amount $6,020
Tax Year 2025
Lot Size 1 Sqft
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Located in the heart of Riverside/Federal Hill, just minutes from the Inner Harbor, 1447 William Street is a 3,400+ square foot income-producing asset that delivers both immediate cash flow and long-term upside. This classic brick townhome is already configured with two separately metered units and offers a clear path to a third income-producing unit, making it an ideal opportunity for investors looking to maximize returns through strategic positioning. The main-level unit features a well-designed one-bedroom, one-bath layout with an open living and dining space, hardwood floors, and exposed brick accents that create strong tenant appeal and consistent rental demand. The upper-level unit spans multiple floors and lives like a full-size residence, offering generous bedroom sizes, an updated kitchen with granite countertops, expansive living areas filled with natural light, and a true primary suite complete with a walk-in closet and ensuite bath.
Throughout the property, you'll find the features that drive premium rents in this market, including tall ceilings, in-unit laundry in each unit, updated bathrooms with modern finishes, and a jacuzzi tub that adds an extra layer of desirability for higher-end tenants. The layout and scale of the home provide flexibility for multiple rental strategies, whether you choose to lease each unit traditionally, rent by the room for increased income, or position the property as a hybrid short-term rental. The rear alley access is a major value-add component, offering the potential to convert additional space into a third unit or create a garage or parking solution—both of which can significantly increase overall property value and rental income.
From an investment standpoint, this property checks all the boxes. With projected rental income between $6,000 and $6,500 per month, there is strong in-place and future cash flow potential, along with multiple exit strategies including long-term hold, house hacking, or full redevelopment into a higher-yield asset. The location only strengthens the investment, sitting in one of Baltimore's most desirable and proven rental corridors, surrounded by restaurants, nightlife, major employers, and continued development that supports long-term appreciation.
To make the opportunity even more compelling, seller financing is available above $300,000 at a below-market interest rate, providing investors with the ability to acquire and control a high-performing asset with more favorable terms than traditional financing. This combination of existing income, expansion potential, prime location, and creative financing is extremely rare in today's market.
This is not just another listing—it is a high-upside, cash-flow-driven investment in a location that consistently performs. Buyers who understand how to evaluate opportunity will immediately recognize the value here, and properties with this level of flexibility and return potential do not stay available for long.
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Unfinished
Main Level Bedrooms 3
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Other
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Other
Above Ground Finished SqFt 3460
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Senior Community No
Tax ID 0324040998 041
Ownership Ground Rent
SqFt Source 3460
Special Listing Condition Standard
Nearby Locations
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