1808 Saint Paul St - Apartments FOR SALE


Baltimore, MD 21202- Station North Arts District
$500,000 USD
410-977-4711
1808 Saint Paul St, Baltimore, MD for Sale
$500,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

1808 Saint Paul St
Baltimore, MD 21202
Station North Arts District


HIGHLIGHTS

  • 12 Units
  • Value-Add Opportunity
  • Online Auction

OVERVIEW

LIST PRICE IS OPENING BID AT ONLINE AUCTION 1808-1810-1812 Saint Paul St. (a/k/a 1808 Saint Paul St.)~ Presents a rare opportunity to acquire a substantial multifamily investment property in Baltimore’s Charles North neighborhood. The property is currently configured as three connected center-unit buildings comprising a total of 12 residential units and approximately 9,135± above-grade square feet per SDAT records. Each building consists of 3 stories plus a lower level, with 1 unit located on each level. Units are separately metered, and tenants are charged an additional $65/month toward water expenses. 1808 Saint Paul St. (4 Units) -Unit 001: Studio- Vacant -Unit 101: 1bd/1ba- Vacant -Unit 202: 1bd/1ba- Vacant -Unit 301: 1bd/1ba- Rented for $1,174/mo *The building has sustained some fire damage. 1810 Saint Paul St. (4 Units) -Unit 001: 1bd/1ba- Vacant -Unit 101: 1bd/1ba- Vacant -Unit 202: 1bd/1ba- Vacant -Unit 301: 1bd/1ba- Vacant *The building has sustained fire damage and is currently fully gutted. 1812 Saint Paul St. (4 Units) -Unit 001: Studio- Rented for $916/mo (per seller) -Unit 101: 1bd/1ba- Rented for $1,195/mo -Unit 202: 1bd/1ba- Vacant -Unit 301: 1bd/1ba- Vacant Per Seller projected market rents: 1-bedroom units: approximately $1,150-$1,200/month Studio units: approximately $950-$1,000/month Projected gross rental income is approximately $13,400/month or $160,800 annually, please note projected figures are based on full building occupancy and projected market rents provided by seller. Property is located within the OR Office-Residential zoning district, which is intended to accommodate a mix of residential, and office uses while maintaining compatibility with surrounding residential character. Permitted uses may include multifamily dwellings, offices, cultural facilities, places of worship, healthcare clinics, and certain conditional commercial uses, subject to Baltimore City zoning regulations and approvals. Buyer to verify zoning and permitted uses. Note: The information contained herein has been obtained from sources believed to be reliable but is provided for informational purposes only. Neither the auctioneer, cooperating agent, nor the owner makes any representations or warranties as to the accuracy or completeness of the information. Diligence Package: A copy of the purchase and sale agreement, leases, various documents, and assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement. Auction Notes: Online Auction Only! Bidding begins Friday, June 12th, and ends Wednesday, June 17, 2026 at 1:00 PM. Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$55 USD /SF

# OF UNITS

12

PRICE/UNIT

$41,667

CAP RATE

Request Cap Rate

% LEASED

25%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Commons

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

OR-1

APN/PARCEL ID

0389-036

ASK ABOUT THIS PROPERTY

Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

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Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.