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MLS: #MDBC2176422, Listed By: Suzie Coronel, Cummings & Co. Realtors, Source:Bright MLS

3111 Liberty Parkway

DUNDALK, MD 21222
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Bed 3

Bed

Bath 0

Bath

SqFt1,738

Sqft

Acres0.08

Acre(Lot)

Turnkey Income-Producing Triplex | Renovated 2022 | $4,325 Monthly Rent + Garage Income Strong investment opportunity for an investor seeking an established, income-producing multifamily property with recent renovations and multiple revenue streams. This well-maintained triplex was renovated in spring 2022 and features three private 1-bedroom apartments, one on each level. The units are rarely vacant, and current monthly apartment rents total $4,325, with existing leases conveying to the buyer. The detached 2-car garage is also rented, providing an additional source of income. Each unit offers a functional layout with a true bedroom and separate living room, along with a full kitchen featuring granite countertops, stainless-steel appliances, refrigerators with ice makers and water dispen sers, and garbage disposals. All units have LVP throughout for ease of maintenance. Updated full bathrooms include tiled floors, modern fixtures, and updated vanities. All three levels receive excellent natural light, including the lower level. Additional income-producing amenities include a vending washer and dryer in the lower-level common area. The property also offers a fenced backyard, detached 2-car garage, and easy street parking. This investment property has been owner-operated by a seasoned Realtor and a successful builder since 2021. Units have been well marketed for solid rents and long-term tenants. Good systems are in place for good communication with the tenants and rent collection. The renovation was well thought out regarding easy maintenance, space planning, and filling an area void 1 bedroom units. Rents have room for increase and currently include utilities. The 2022 renovation and clean, well-maintained condition provide an opportunity to acquire a turnkey multifamily asset with established rental income and limited immediate renovation needs. Convenient access to I-695, I-95, and I-895, Johns Hopkins, Amazon, the Port of Baltimore, and Tradepoint Atlantic makes the property well-positioned for rental demand. Key Investment Highlights: • 3-unit multifamily property • Three private 1-bedroom apartments • Renovated spring 2022 • Current apartment rents: $4,325/month • Detached 2-car garage with additional rental income • Leases convey • Rarely vacant • Tenant laundry income/amenity • Separate living rooms and full kitchens • Updated kitchens and bathrooms • Fenced backyard • Easy street parking • Convenient access to major transportation corridors, employment centers, and Port/Tradepoint Atlantic

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Detail Ic Property Details

Property Type : Residential Income

Price : $474,900

AD Id : 91524328

MLS Id : MDBC2176422

Beds : 3

Lot Size : 0.08 Acre

Living Area Size : 1,738 Sq. Ft

Tax Amount : $2,280

Year Built : 1944

Garage : 2

County : BALTIMORE

Subdivision: Old Dundalk

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Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Has Basement: Yes Basement: Finished, Walk-Out Access, Sump Pump
  • Flooring Information

    Vinyl
  • Interior Features

    Ceiling Fan(s), Pantry, Open Floorplan Appliances: Gas Range, Gas Oven, Gas Water Heater, Dishwasher, Disposal, Refrigerator, Microwave Laundry Features: Common Area, Lower Level
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s), Electric

  • Building Information

    Year Built: 1944 Building Area Total: 1738 Construction Materials: Brick Patio And Porch Features: Porch Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.08 Lot Size Source: Assessor Lot Size Square Feet: 3500

    Property Information

    Subdivision: OLD DUNDALK Source Property Type: Residential Income Postal Code Plus 4: 5322 Property SubType: Triplex Property Age: 82

  • Listing Price Information

    Listing Price: $474900

  • Tax Information

    Parcel Number: 04121225000290 Tax Lot: 30 Tax Year: 2026 Annual Tax: $2280

  • Parking Information

    Parking Total: 2 On Street, Garage, Detached

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
8101 Dukie Avenue, Dundalk, MD, 21222 $245,000 4 -- 1,557 0.17 Acre
15-17 Sollers Point Road, Dundalk, MD, 21222 $375,000 7 -- 3,346 0.25 Acre

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ByOwner last updated this listing 09/30/2026 @ 02:59

MLS: MDBC2176422 LISTED BY: Suzie Coronel, Cummings & Co. Realtors 410-823-0033 SOURCE: Bright MLS

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