1. Maryland
2. Baltimore
3. 217 E PRESTON ST

217 E PRESTON ST, Baltimore, MD 21202

• 5,500 sqft

Property Description

TWO Mount Vernon Homes + Bonus Apartments | Live in One or Rent All Four! A rare opportunity to own two adjacent buildings in Mount Vernon, offering a total of 12 rentable bedrooms across 5,500+ square feet. Each building features a full-size, three-story five-bedroom home, plus a one-bedroom auxiliary apartment—perfect for additional income, a guest suite, or future expansion. Whether you're looking to live in the newly renovated five-bedroom home at 217 E Preston and offset your mortgage, or lease all four units for strong cash flow, this property offers flexibility few others can match. The vacant five-bedroom home at 217 E Preston features refinished hardwood floors, a brand-new stainless steel appliance suite, a custom ceramic tile backsplash, exposed brick accents, and two full bathrooms—one with a clawfoot tub, the other with a steel tub. Enjoy the convenience of in-unit laundry, central air, and both a walk-out rear porch and a private second-story porch. Next door, 219 E Preston offers a tenant-occupied five-bedroom layout with original tin ceilings, interior shutters, and similar historic details. Two terrace-level one-bedroom apartments provide additional income. One has in-unit laundry, and both are currently rented. Utilities are structured for affordability, with tenants reimbursing for water, gas, and electric based on lease terms. Each building has one gas meter and two electric meters, and the landlord has set up a simple allocation model that helps offset operating costs. Rear parking is available and may be leased for additional income. Enjoy walkable access to Amtrak and MARC service at Penn Station (ideal for commuting to D.C. or New York), the Peabody Institute, University of Baltimore, MICA, and Baltimore’s top cultural venues. Bike lanes, restaurants, and historic architecture make this a standout location for both living and investing. 217-219 East Preston Street are one legal lot; Block 0486, Lot 022.

Listing Status:

Active

Listing Office:

Ben Frederick Realty, Inc. : 4102359500

Listing Agent:

Will A Cannon III : 4109163331

MLS ID:

MDBA2176238

Interior

• A/C: Central A/CWindow Unit(s)
• Heating: Baseboard - Hot WaterRadiatorForced AirNatural Gas
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Will A Cannon III, Ben Frederick Realty, Inc.