2507 North Charles Street offers four apartments in Charles Village at $91,250 per unit. The property contains two two-bedroom apartments, one one-bedroom apartment, and one studio apartment and presents multiple paths to increased income through apartment renovations, market rent alignment, utility bill-backs, and improved operations. Held under long-term ownership, the building exhibits deferred maintenance, allowing a new owner to execute improvements at a pace that matches their investment strategy. Vacant apartments provide an opportunity to begin renovations immediately, while occupied apartments can be improved as they become available. A rubber membrane roof was replaced in 2024, addressing a significant building capital item. The property is served by a central gas-fired boiler with radiator distribution and a central gas-fired water heater. Tenants pay their individual gas and electric usage, while the landlord currently pays for heat, hot water, and cold water. Four electric meters and five gas meters are in place, with additional opportunity to increase cash flow through reimbursement of shared utility expenses. Located along the North Charles Street corridor, the property offers residents walkable access to restaurants, retail, entertainment, and neighborhood amenities. Johns Hopkins University's Homewood Campus is just five blocks north, expanding the potential tenant pool to students, faculty, staff, and others seeking convenient Charles Village housing. Offered at $365,000 | $91,250 Per Unit | $121 Per Sq. Ft. | 7.0× Market GRM | 8.68% Cap Rate | 10.0% Projected Cash-on-Cash Return