2541 Saint Paul Street presents a mixed-use investment and owner/user opportunity in Baltimore’s Old Goucher neighborhood, just five blocks south of Johns Hopkins University. The property is currently configured as two one-bedroom apartments above approximately 1,000 square feet of first-floor office space, offering immediate usability with multiple paths for income and long-term value. Investors can pursue light interior updates and lease-up for immediate cash flow, or convert the first floor to residential use and operate as a three-unit multifamily building with separated utilities. For owner/users, the first-floor space provides an ideal footprint for a small business, studio, or professional office, with the ability to offset occupancy costs through rental income from the upper apartments.