$540,000 USD
202-280-2722
1037 St Paul St
Baltimore, MD 21202
Midtown Baltimore
HIGHLIGHTS
- The Property is comprised of seven (7) units averaging ~681 square feet, with two studios, four 1 bedroom-1 bath, and one 1 bedroom-1.5 bath units.
- The Property presents new ownership a heavy value-add opportunity in one of the strongest submarkets in the area.
- The Property also lies within a CHAP District, making it eligible for the 10-year, 100% tax credit available through Baltimore City.
- This asset can be purchased individually or as any combination of the larger portfolio, including 706 Park Avenue and 906 N. Calvert Street
- Within a five-minute drive of the Properties, residents can access Safeway, CVS, PNC Bank, Starbucks, BP Gas Station, and multiple gyms.
- Ownership will benefit from rental demand from tenants seeking to live in the heart of Baltimore within immediate access to everyday conveniences.
FOR SALE DETAILS
PRICE
$540,000 USD
PRICE/SF
$113 USD /SF
# OF UNITS
7
PRICE/UNIT
$77,143
CAP RATE
Request Cap Rate
% LEASED
0%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1900
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.07 AC
LAND SF
3,049 SF
ZONING
OR-2
APN/PARCEL ID
0507-026
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202-280-2722
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202-280-2722
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