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217 E Preston St, 
Baltimore, MD 21202

$1,100,000


2

Beds


Bath


5,500

Sq Ft


Multi-Family

Active

Listed by

Will A Cannon Iii

Ben Frederick Realty, Inc.

Last updated:

July 23, 2025, 01:29 PM

MLS#

MDBA2176238

Source:

BRIGHTMLS

About This Home

217 E Preston St

Live in One, Rent the Rest: Spacious 5-Bedroom Home + 3 Rental Units in Mount Vernon 217–219 E Preston Street offers a rare opportunity to live in a newly renovated, three-story five-bedroom home while generating rental income from three additional units. Located just two blocks from Penn Station in historic Mount Vernon, this property combines flexibility, size, and location—perfect for buyers seeking both a home and a smart financial investment. 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.

Home Facts

Multi-Family

2 Bedrooms

Built in 1900

Price Summary

1,100,000

$200 per Sq. Ft.

MLS #:

MDBA2176238

Last Updated:

July 23, 2025, 01:29 PM

Added:

7 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2


Structure

Structure

Architectural Style:

Converted Dwelling

Building Area:

5,500 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$1,100,000

Price per Sq. Ft:

$200 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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