Baltimore, Maryland, is a beautiful city on the harbor with a thriving urban life and growing economy, making it one of the best turnkey investment opportunities on the East Coast. CR of Maryland is a leader in turnkey investment properties, transforming outdated townhome properties and vacant lots into modern, affordable homes ready to provide steady rental income.
Turnkey Investments in Baltimore, MD
- Economic Growth
Baltimore’s proximity to major cities like Washington, DC, and Philadelphia contributes to a growing number of job opportunities. Baltimore benefits from recent investments from the federal government to improve infrastructure and transportation, aiding in economic growth.
The city is also a leader in industries like health, education, government, transportation, and business services.
- Education Institutions
As a leader in education, Baltimore is home to many higher education and medical institutions like Johns Hopkins, the University of Maryland, Stevenson, Loyola College, and Morgan State University. Students and young professionals stay longer in Baltimore, supporting a strong rental market.
- Affordable Housing
Baltimore is one of the most affordable cities on the East Coast, unlike other cities nearby like Washington, DC, Philadelphia, and New York. This affordability can attract first-time homebuyers and real estate investors looking for rental income potential. Even with it being affordable, the high demand for rental housing supports a strong rental market with a higher rent price than many cities.
- The “City of Neighborhoods”
With over 200 unique communities and neighborhoods, Baltimore is a “City of Neighborhoods.” The city is walkable with parks and harborfront views and has a thriving culture with abundant restaurants, bars, and shopping. Over the past decade, Baltimore has invested in revitalization projects to improve neighborhoods and attract businesses. This ongoing development can increase property values, making it a great investment opportunity.
- Vibrant Urban Life
One of the best things about Baltimore is the strong sense of city pride. Home to sports teams like the Baltimore Orioles and Ravens, sports are a huge attraction for residents. “Charm City” also has a vibrant arts culture with museums and theaters like the American Visionary Art Museum, Walters Art Museum, Baltimore Museum of Art, The Hippodrome Theatre, and The Baltimore Symphony Orchestra. City residents can always find something to go to, like waterfront festivals, farmers’ markets, and art events.
Investing in Baltimore is a great option if you’re looking for high-yielding passive income. CR of Maryland is a leader in turnkey investments in Baltimore and has expertise in navigating the real estate market. CR of Maryland offers fully renovated and fully managed investment properties. Unlike other companies, we provide fully renovated rental properties with new roofs, windows, insulation, and more. You can trust that your properties will be ready to rent as soon as you purchase them. Contact us to start investing today.