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2800 Calvert St Baltimore, MD 21218

9-Unit Apartment Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 9-unit apartment building, constructed in 1902, is a remarkable investment opportunity situated in Baltimore's vibrant Charles Village neighborhood. The property boasts a prime location directly adjacent to Johns Hopkins University, ensuring consistently high occupancy rates and strong rental income. Currently operating at 100% occupancy, this four-story building offers a mix of spacious studios and one-bedroom, one-bathroom units. Adding to its appeal is an on-site washer and dryer facility and a two-car garage, presenting potential for increased revenue streams. The property's strategic location offers easy access to major amenities, including Starbucks, Safeway, and University Market & Deli, all within walking distance. Its proximity to I-83, the University Parkway Transit Hub, and numerous bus stations provides excellent transportation links. Furthermore, the potential for significant rent increases (approximately 100%) presents a compelling opportunity for substantial returns. This historically charming building combines strong current performance with significant upside potential, making it an ideal investment for those seeking a stable and lucrative asset in a highly desirable location. The perpetual demand driven by the university's proximity ensures long-term stability and a consistent flow of tenants. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a sought-after Baltimore neighborhood.

Highlights

  • 9-unit apartment building adjacent to Johns Hopkins University in Baltimore's Charles Village neighborhood.
  • Potential for approximately 100% rent increase.
  • 100% occupancy with a mix of spacious studios and one-bedroom/one-bathroom units.
  • Convenient walk to Starbucks, Safeway, and University Market & Deli.
  • Excellent access to I-83, University Parkway Transit Hub, and bus lines.
  • On-site laundry and a two-car garage.

Property Details for 2800 Calvert St

Property type
Apartment buildings
Year Built
1902
Stories
4
Units
9

Location Insight

City
Baltimore
County
Baltimore
State
Maryland
Latitude
39.3221306
Longitude
-76.614823

FAQs

What type of property is this?
Apartment building - 9-Unit Apartment Building, Prime Location
Where is the apartment building located?
The property is located at 2800 Calvert St Baltimore, MD.
What are key features of this property?
This property features: 9-unit apartment building adjacent to Johns Hopkins University in Baltimore's Charles Village neighborhood.; Potential for approximately 100% rent increase.; 100% occupancy with a mix of spacious studios and one-bedroom/one-bathroom units.
How can I contact the broker?
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2800 Calvert St
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