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2810 Saint Paul St
Baltimore, MD 21218 Charles Village

$470,000 USD

Multifamily For Sale • 3,120 SF

Property Details

Property Type Multifamily
Total Building Size 3,120 SF
Year Built 1900
Cap Rate 9.49 %
Zoning R8

80 Transit Score

100 Walk Score

                
                    Highlights
                
                                Charles Village Value-Add at $117,500 Per Unit: Lower cost per unit allows for upgrades and creation of sweat equity.
                            
                                Below-Market Rents + Operational Upside: Market rents project a 9.49% cap rate and 12.7% cash-on-cash return.
                            
                                Multiple Value-Creation Paths: Pursue market rents, utility bill-backs, basement electric separation, and  renovations.

Property Flyers

SaintPaul2810

Cap Rate:

9.49 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Penn Station (Penn Line - Maryland Area Regional Commuter Trains (The MARC))	4 min	-	1.2 mi
	9 min	-	3.1 mi
Airport	Drive	Walk	Distance
Baltimore/Washington International Thurgood Marshall	25 min	-	12.6 mi
Ronald Reagan Washington Ntl	73 min	-	45.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	1
Type:	Covered
Included in Rent:	Yes

Tom Fair 410-235-9500 Ben Frederick Realty, Inc.

2810 Saint Paul St Baltimore, MD 21218 Charles Village