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Old 12-29-2014, 10:03 AM
 
2 posts, read 1,663 times
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I lived in Baltimore from 2008-2011. I lived in Federal Hill at first, then Fells Point later. At the time, I thought Federal Hill was a great neighborhood and a good investment as a rental property. Before I moved away (due to work) I did the math and figured a 3-bedroom rental that cost something in the low $300's could be cash flow positive (at $800/bedroom). As I look again today, it seems like you can still get 3-bedroom Fed Hill rowhouses in good condition in the low $300's, so I wonder if I should finally pull the trigger on buying a rental property (which could, in the future, be my own residence if I moved back to the area).

How has Federal Hill changed since 2011, if at all?
What is the average rent per bedroom these days? (A quick look at Craigslist looks like $700-$900 a room e.g., $2100-$2700 for a 3-bedroom, is that right?)
As a rental investment market, how does Fed Hill compare to Pigtown, Harbor East, Fells Point, Canton, Mount Vernon, Charles North, etc.?
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