2800 Calvert StBaltimore, MD 21218

For Sale
Call for price

9-Unit Apartment Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 9-unit apartment building, constructed in 1902, is a remarkable investment opportunity situated in Baltimore's vibrant Charles Village neighborhood. The property boasts a prime location directly adjacent to Johns Hopkins University, ensuring consistently high occupancy rates and strong rental income. Currently operating at 100% occupancy, this four-story building offers a mix of spacious studios and one-bedroom, one-bathroom units. Adding to its appeal is an on-site washer and dryer facility and a two-car garage, presenting potential for increased revenue streams. The property's strategic location offers easy access to major amenities, including Starbucks, Safeway, and University Market & Deli, all within walking distance. Its proximity to I-83, the University Parkway Transit Hub, and numerous bus stations provides excellent transportation links. Furthermore, the potential for significant rent increases (approximately 100%) presents a compelling opportunity for substantial returns. This historically charming building combines strong current performance with significant upside potential, making it an ideal investment for those seeking a stable and lucrative asset in a highly desirable location. The perpetual demand driven by the university's proximity ensures long-term stability and a consistent flow of tenants. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a sought-after Baltimore neighborhood.

Highlights

  • 9-unit apartment building adjacent to Johns Hopkins University in Baltimore's Charles Village neighborhood.
  • Potential for approximately 100% rent increase.
  • 100% occupancy with a mix of spacious studios and one-bedroom/one-bathroom units.
  • Convenient walk to Starbucks, Safeway, and University Market & Deli.
  • Excellent access to I-83, University Parkway Transit Hub, and bus lines.
  • On-site laundry and a two-car garage.

Property Details for 2800 Calvert St

Property type
Multifamily properties, Apartment buildings
Year Built
1902
Stories
4
Units
9

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.3221306
Longitude
-76.614823
2800 Calvert St, Baltimore, Maryland

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2800 Calvert St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message