2800 Calvert StBaltimore, MD 21218
- Residential income properties
Property Details for 2800 Calvert St
- Year built
- 1902
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
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.
Location Insight
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Latitude
- 39.3221
- Longitude
- -76.6148
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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