Reservoir Hill 4-Unit 2209 Eutaw Pl Immeuble residentiel 4 lots 615 596 € (153 899 €/Lot) Taux de capitalisation 8,45 % Baltimore, MD 21217

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.
Utility Information:
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.
What’s Special About Reservoir Hill?
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) and several public magnet schools 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.