2733, Saint Paul Street, Charles Village, Baltimore, Maryland, 21218, United States of America
This spacious building with 3,766 finished sq. ft. houses 4 apartments on a highly desirable block in Charles Village! 3 2-bedroom apartments, 1 1-bedroom apartment.
With 3 units occupied and a turn-key 2-bedroom ready to rent, a new owner can expect steady cash flow. There is a consistent stream of renters from nearby Johns Hopkins University Homewood Campus, Union Memorial Hospital, and many other schools and workplaces nearby in Baltimore City.
With basic amenities and easy-to-replace appliances, the units in this sturdy building are easy to turnover. Mid-level apartments are always in demand, even in times of economic uncertainty!
Tenants enjoy an easy walk to complete most daily errands and to visit the nearby university campus. 2733 Saint Paul St. has a WalkScore of 94, a TransitScore of 64, and a BikeScore of 86.
Make an appointment to tour this building today!
Investment Summary: $395,000 $98,750 Per Unit $117 Per Sq. Ft. 11.4 Times Actual Rent (GRM) 7.5 Times Market Rent (GRM) 8.39% Cap Rate 13.2% Projected Cash-on-Cash Return
Unless and until there is a written Buyer-Broker Agency Agreement signed with a prospective Buyer, then Ben Frederick Realty, Inc., Ben Frederick Realty, Inc. represents the Seller. Please click here to download the Maryland Real Estate Commission form “Understanding Whom Real Estate Agents Represent”.
Owning a home is a keystone of wealth… both financial affluence and emotional security.Suze Orman