1602 CYPRESS ST, Baltimore City, MD 21226 – MDBA2192558

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

Listed by Will Cannon • Ben Frederick Realty, Inc.

$565,000

Est. payment - /mo

2,868 SqFt

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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,868 sqft

Price per Sqft $197

Subdivision Curtis Bay

MLS Listing ID MDBA2192558

Style Converted Dwelling

Abv Grd Liv Area 2,868

Year Built 1920

Annual Tax Amount $1,222

Tax Year 2025

Lot Size 3,000 Sqft

Acres 0.07

Lot Dimensions 30' x 100'

Property Sub-Type Detached

Source BRIGHT

Property Description

A flexible and affordable living opportunity: the vacant ADA apartment allows an owner-occupant to live on-site while the other three units help offset monthly expenses. With 20% down, estimated PITI is about $1,138/month, or approximately $95/month with FHA 3.5% down (call us to learn more). This setup provides an accessible path into homeownership with built-in rental income and long-term financial stability.

Each apartment is fully renovated, featuring quartz countertops, wood cabinets, stainless-steel appliances, vinyl plank flooring, ceramic tile baths, and in-unit washers and dryers—all upgrades that support strong rentability and reduce future maintenance needs. One unit is fully ADA-compliant with ramp access, roll-under sink, and barrier-free shower, a rare feature that expands the potential tenant pool and adds long-term leasing flexibility.

The building includes four 2023 electric heat pumps and four 2023 electric water heaters, offering modern mechanical systems that minimize repair costs and improve operating efficiency. Separately metered electric with landlord bill-back for public service electric and City water keeps owner expenses low and maximizes return. C-PVC and PVC plumbing provides reliable, low-maintenance infrastructure. 1602 Cypress is Limited Lead-Free, reducing paperwork and costs at turnover and lowering landlord liability.

A three-car rear parking pad adds everyday convenience for tenants and enhances the building's appeal. Located near major employment hubs—including the Port of Baltimore, Amazon distribution centers, and Tradepoint Atlantic—this property benefits from strong workforce housing demand and consistent occupancy. With updated systems, strong rents, and an owner-occupant opportunity rarely available in this price range, 1602 Cypress Street is a practical and well-positioned investment in South Baltimore.

Location

State MD

County Baltimore City

Zoning R-7

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Inclusions 4 refrigerators, 4 30" electric ranges, 4 garbage disposals, 4 stacked washers and dryers

Fireplace N

Heat Source Electric

Exterior

Garage Spaces 3.0

Water Access N

Roof Type Asphalt,Rubber

Accessibility None

Total Parking Spaces 3

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 2868

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0325087202 009

Ownership Fee Simple

SqFt Source 2868

Special Listing Condition Standard

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

1602 CYPRESS ST Baltimore City, MD 21226

Joseph Lam

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1602 CYPRESS ST