2422 N Calvert St - Apartments FOR SALE


Baltimore, MD 21218- Barclay
$300,000 USD
410-977-4711
2422 N Calvert St, Baltimore, MD for Sale
$300,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

2422 N Calvert St
Baltimore, MD 21218
Barclay


OVERVIEW

GUIDED TOUR THURSDAY, SEPTEMBER 4, 2025 STARTING AT 2422 N. CALVERT AT 11:00 AM List Price to be opening bid. Online Auction Only! Bidding begins Thursday, September 4th, 2025 & ends Tuesday, September 9th, 2025 starting at 11:00 AM. Manner of Offering: The property at 2422 N. Calvert St is offered individually in this auction and as part of an entirety offering for 2422–2436 N. Calvert St. The seller reserves the right to accept either the entirety bid or individual bids. If the entirety bid is accepted, all individual bids will be void and deposits returned to bidders. GUIDED TOUR THURSDAY, SEPTEMBER 4, 2025 STARTING AT 2422 N. CALVERT AT 11:00 AM 5 Unit Multi Family Building in the "Old Goucher" Neighborhood Of Baltimore City All units are 1BR/1BA. Each unit has it's own water heater and central HVAC unit. Each unit has a washer/dryer. Tenants are responsible for payment of all utilities other than water/sewer which is paid for by landlord. Unit 1 is rented for $1,145/month Unit 2 is vacant Unit 3 is rented for $1,254/month Unit 4 is rented for $1,145/month Unit 5 is rented for $1,401/month **Current Gross Monthly Rent Of $4,945** **Current Gross Annual Scheduled Rent Of $59,340** **Potential Gross Monthly Rent Of Approximately $6,090** (Based on full occupency) **Potential Gross Annual Rent Of Approximately $73,080** (Based on full occupency) For a breakdown of move in dates, leases experation dates, voucher portions and tenant portions of rent please review the rent roll in the document section. Please note the rent roll encompasses all buildings being offered for sale. Manner of Offering: The property at 2422 N. Calvert St is offered individually in this auction and as part of an entirety offering for 2422–2436 N. Calvert St. The seller reserves the right to accept either the entirety bid or individual bids. If the entirety bid is accepted, all individual bids will be void and deposits returned to bidders. Location: This property is ideally situated in North Baltimore City, just one mile from both Johns Hopkins University and MedStar Union Memorial Hospital. Located in Baltimore’s vibrant “Design District,” one of the fastest-growing neighborhoods in the city, it offers exceptional walkability and convenience. Rated a Walker’s Paradise by WalkScore, the area is just a short stroll from a variety of dining, shopping, and entertainment options. It’s only a five-minute drive to Penn Station and is within blocks of Charles Village and Station North, with easy access to Downtown Baltimore. The location is also surrounded by some of the city’s top educational institutions, including Johns Hopkins University, the Maryland Institute College of Art (MICA), and the University of Baltimore. The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information. Diligence Package: A copy of the purchase and sale agreement, leases, lead certificates, rental license with 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 Thursday, September 4th, 2025 & ends Tuesday, September 9th, 2025 starting at 11:00 AM. 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

$300,000 USD

PRICE/SF

$106 USD /SF

# OF UNITS

5

PRICE/UNIT

$60,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

-

APN/PARCEL ID

3829-031,3829-032

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 Policy.