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1037 St Paul St
Baltimore, MD 21202
Multifamily Property For Sale
·
7 Units
Investment Highlights
- The Property is comprised of seven (7) units averaging ~681 square feet, with two studios, four 1 bedroom-1 bath, and one 1 bedroom-1.5 bath units.
- The Property also lies within a CHAP District, making it eligible for the 10-year, 100% tax credit available through Baltimore City.
- Within a five-minute drive of the Properties, residents can access Safeway, CVS, PNC Bank, Starbucks, BP Gas Station, and multiple gyms.
- The Property presents new ownership a heavy value-add opportunity in one of the strongest submarkets in the area.
- This asset can be purchased individually or as any combination of the larger portfolio, including 706 Park Avenue and 906 N. Calvert Street
- Ownership will benefit from rental demand from tenants seeking to live in the heart of Baltimore within immediate access to everyday conveniences.
Executive Summary
1037 Saint Paul Street is a vacant 7-unit apartment community in the historic Mid-Town Belvedere neighborhood of Baltimore.
Property Facts
| Price Per Unit | $107,060 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| No. Units | 7 | Building Size | 4,765 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Zoning | OR-2 | ||
| Price Per Unit | $107,060 CAD |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,765 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | OR-2 |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 438 |
| 1+1 | 4 | - | 705 |
| 1+1.5 | 1 | - | 929 |
Property Taxes
| Parcel Number | 0507-026 | Improvements Assessment | $333,074 CAD |
| Land Assessment | $239,397 CAD | Total Assessment | $572,472 CAD |
Property Taxes
Parcel Number
0507-026
Land Assessment
$239,397 CAD
Improvements Assessment
$333,074 CAD
Total Assessment
$572,472 CAD
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