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906 Calvert St Baltimore, MD 21202

Historic Charm, Prime Location, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 6-unit apartment building, located at 906 N. Calvert Street in Baltimore, MD, presents a compelling investment opportunity. Built in 1900, this three-story building boasts 5,499 square feet of net rentable space situated on a 3,075 square foot lot. The property features a mix of unit sizes, including one 1-bedroom/1-bathroom, three 2-bedroom/1-bathroom, and two 2-bedroom/2-bathroom units, averaging approximately 917 square feet each. Two parking spaces are available on-site. The property is zoned OR-2 and is currently vacant, offering a blank canvas for a value-add renovation. Its location in the vibrant Mid-Town Belvedere neighborhood provides easy access to major transportation arteries, including Interstate 83 and I-95, as well as Baltimore Penn Station, offering convenient commutes throughout the region. The area is also rich in amenities, with nearby grocery stores, banks, pharmacies, and various restaurants and entertainment venues. Furthermore, its proximity to the University of Baltimore, Maryland Institute College of Art, and the Peabody Institute of Johns Hopkins University creates strong rental demand from students and young professionals. The property's location within a CHAP District makes it eligible for a significant 10-year tax credit program, further enhancing its investment appeal. This fee-simple ownership opportunity is ideal for investors seeking a high-potential property in a thriving Baltimore neighborhood. The property's APN is 11-12-0513-018.

Highlights

  • Six-unit apartment building totaling 5,499 square feet of net rentable space.
  • Value-add opportunity in the highly desirable Mid-Town Belvedere neighborhood (84% renter-occupied).
  • Located in a CHAP District, eligible for a 10-year, 100% tax credit.
  • Property includes two on-site parking spaces and is situated on a 3,075 square foot lot.

Property Details for 906 Calvert St

Property type
Apartment buildings
Year Built
1900
Buildings
1
Stories
3
Units
6

Location Insight

City
Baltimore
County
Baltimore
State
Maryland
Latitude
39.3000832
Longitude
-76.6133126

FAQs

What type of property is this?
Apartment building - Historic Charm, Prime Location, High Potential
Where is the apartment building located?
The property is located at 906 Calvert St Baltimore, MD.
What are key features of this property?
This property features: Six-unit apartment building totaling 5,499 square feet of net rentable space.; Value-add opportunity in the highly desirable Mid-Town Belvedere neighborhood (84% renter-occupied).; Located in a CHAP District, eligible for a 10-year, 100% tax credit.
How can I contact the broker?
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906 Calvert St
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