1815 SAINT PAUL ST Active

Baltimore,MD 21202

$ 550000

- Bed

- Bath

2758 SqFt


Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,758 sqft

Price per Sqft $199

Subdivision Station North Arts District

MLS Listing ID MDBA2147976

Style Federal

Year Built 1890

Annual Tax Amount $7,646

Tax Year 2024

Property Description

5 UNITS! Generate $4,579 per month, $54,948 per year! Don't miss this incredible investment opportunity in the vibrant Station North neighborhood of Baltimore City, just 1.8 miles north of the Inner Harbor! 1815 Saint Paul St is a nicely remodeled, zoned 5-unit building that flaunts an impressive 2,758 finished square feet, (1) studio apartment, (3) 1-bedroom apartments, and (1) 2-bedroom apartment, and generates a robust $4,579 in monthly rent. Two units are leased to residents of the Housing Choice Voucher Program; the other three units are leased to cash-paying tenants. This property boasts high rents, no delinquency (as of 12/9/2024), written leases, lead certificates, and a 5-unit rental license. The building has five gas meters (one for each unit) and six electric meters (one for each unit and one for the common area). Each unit has its own gas furnace. Residents are responsible for their own BGE accounts. The water bill is paid by the owner. Some tenants are responsible for paying a monthly water fee, which totals $125 per month across all units. Maximize returns by renting the two rear parking spots! What are you waiting for? Add this one to your rental portfolio today! There is a Special Benefits Tax in this neighborhood. The current cost for the year for this property is $427.63. The Special Benefits Tax is a surcharge which covers additional safety and sanitization efforts for the area.

Location

State MD

County Baltimore City

Zoning OR-1

Interior

Hot Water Electric

Heating Forced Air

Cooling Window Unit(s)

Flooring Ceramic Tile,Partially Carpeted,Luxury Vinyl Plank

Inclusions refrigerators, stoves, built-in microwave, stackable washer/dryer

Equipment Built-In Range,Oven/Range - Gas,Range Hood,Refrigerator,Washer,Dryer,Built-In Microwave

Exterior

Exterior Feature Deck(s)

Garage Spaces 2.0

Water Access N

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Building

Lot Description Corner

Foundation Other

Sewer Public Sewer

Water Public

Structure Type High

New Construction N

Schools

School District Baltimore City Public Schools

Others

Special Listing Condition Standard

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