● Fully Renovated, Lead-Free, Separately Metered 4-Unit — Low-risk, low-maintenance asset with strong rentability from day one. ● High-End Finishes, Hardwood Floors, and Soaring Ceilings — Attract quality tenants and reduce vacancy with standout unit interiors. ● Quick Access to MLK Blvd and 4MLK Life Sciences Hub — Easy commuter access to major employment centers supports higher rent potential. ● Less Than ¼ Mile to Upcoming Reservoir Square — Future grocery, retail, and office will drive tenant demand and long-term appreciation. Each of the four thoughtfully designed apartments blends historic charm with modern updates. Soaring ceilings—some reaching up to 12 feet—exposed brick, and hardwood floors run throughout, while oversized windows bring in plenty of natural light. Kitchens are equipped with granite countertops, generous cabinet space, ceramic tile backsplash, and full suites of energy-efficient appliances—including full-size gas ranges, refrigerators, built-in microwaves, dishwashers, and disposals. Apartment A spans two levels with one and a half baths and an open-concept main floor, offering a spacious layout that works beautifully for an owner-occupant. Apartment D, the largest unit at 1,500 square feet, offers two full baths across two levels, flexible top floor loft style room and high-end finishes—making it a standout choice for someone looking to live on-site while offsetting their mortgage. All units in this renovated Reservoir Hill multi-family separately metered and outfitted with energy-efficient gas heat and central air conditioning for year-round comfort and cost savings. Coin-operated laundry is located in the shared basement and serviced by a tankless hot water heater—adding even more utility savings for the landlord. Renovated in 2009, all interior water lines are C-PVC and drain lines are PVC. A 2″ copper water main serves this fully sprinklered for added safety and peace of mind. In 2021, the owner installed a GACO roofing system on the flat section of the roof, backed by a 50-year material warranty. In 2023, a new asphalt shingle roof was added, with a 25-year material warranty. Best of all, the property is registered lead-free—reducing overall owner risk and cutting down on costs and headaches at tenant turnover. Off-street parking is available for an additional $25/space. A savvy landlord could bill-back for monthly water and sewer charges, increasing overall monthly income. 2209 Eutaw Place sits less than a quarter mile from the future Reservoir Square development, a multi-phase mixed-use project that will introduce grocery-anchored retail, new commercial office space, and modern amenities to the heart of the neighborhood. Eutaw Place is a one-way street that dead ends into Druid Park Lake Drive—just under half a mile from the newly reopened walking loop at Druid Lake. This milestone marks the near completion of Baltimore’s once-in-a-generation underground tank project, transforming the iconic reservoir from a protected water source into a fully recreational lake. Often referred to as Baltimore’s version of Central Park, Druid Hill Park will soon offer boating, walking trails, and expanded green space around a revitalized lakefront. Nearby institutions like the Maryland Institute College of Art (MICA) create steady demand for student and faculty housing. Residents also enjoy access to ball fields, the Baltimore Zoo, tennis courts, and wide open parkland. For commuters and professionals, tenants can cut through Bolton Hill for a quick connection to MLK Boulevard, offering under-two-mile access to 4MLK—a brand new 250,000 square foot life sciences hub—and convenient routes to I-83, I-95, and BWI. With major public and private investment reshaping the area, Reservoir Hill offers a rare blend of historic charm and long-term growth potential.
Listed by
Listing Agent - Will A Cannon III
Listing Office - Ben Frederick Realty, Inc.
Source: Bright MLS
MLS#MDBA2165354 • last updated
10 months ago
Movotochecked Bright MLS for data 4 minutes ago
Overview
Cooling/AC
Central A/C, Ceiling Fan(s), Electric
Heating
Natural Gas
Levels/Style
Converted Dwelling
Type
Multi-Family
Virtual Tour
N/A
SubType
Quadruplex
Status
Active
SqFt
6488
Lot Size (SqFt)
3160
Lot Size (Acres)
0.07
County Tax
444, Annually
City/ Town Tax
8911
Tax: Assessed Value
412500
Annual Property Tax
9355
Year Built
1900
Condition
Excellent
Municipality
Baltimore City
New Construction (Y/N)
N
Foreclosure (Y/N)
N
Interior
Walls/ Ceilings
Dry Wall
Accessibility Features
None
Exterior
Roof
Asphalt, Other
Construction
Brick
# Parking Spaces
4
# Off-Street Spaces
4
Parking Desc
Off Street
Existing Structures
Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic
Public Sewer
Electricity
200+ Amp Service
Pool
No Pool
Location
Subdivision
RESERVOIR HILL
Water Source
Public
School District
BALTIMORE CITY PUBLIC SCHOOLS
Directions
GPS
Zoning
R-7, Permitted And Licensed For 4 Dwelling Units.
Multifamily Details
# 1-Bedroom Units
2
# 2-Bedroom Units
2
$674K
Range: $525K-$822K
Last 30 days
Rental est.: $602/month
•Gross rent multiplier: 96.2
Lower your payment with the loan terms that fit you.