315 N Charles St presents a compelling multifamily investment opportunity in the heart of Baltimore, offering a well-located asset with long-term upside supported by strong surrounding demand. Zoned C-5-HT, the property benefits from flexible urban zoning in a high-visibility, centrally positioned corridor—ideal for an investor seeking stability, optionality, and future value growth.
The building consists of 4 commercial units and has undergone meaningful improvements through renovations completed in 2018 and 2020, providing a buyer with updated interiors and reduced near-term capital needs. In addition, the owner previously utilized the property, reflecting hands-on oversight and continued attention to the asset over time. The property may also offer additional upside through historical state and federal rehab credits up to 40% (20% state plus 20% federal), creating a potential value-enhancement opportunity for a buyer pursuing qualifying improvements.
Overall, 315 N Charles St stands out as a renovated, centrally located 4-unit asset with strong market appeal, making it a strong acquisition for investors seeking a stabilized Baltimore multifamily property with future potential.