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1815 Saint Paul St
For Sale $550,000 ($199.42 per Sq Ft)
$550,000 ($199.42 per Sq Ft)
- 1 Units
- 2,758 Sq Ft
- Unknown Sq Ft
- Unknown Cap Rate
Description
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $550,000 |
| Property Type | Other |
| Usable Sqft | 2,758 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1890 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 0312090390 008 |
| MLS # | MDBA2147976 |
| Property ID | 295670685 |
| Lot Sqft | 0 |
| Zoning | OR-1 |
| Total Units | 1 |
| Days on Market | 11 |
| Original List Price | Unknown |
| Applicances | Built-In Range,Oven/Range - Gas,Range Hood,Refrigerator,Washer,Dryer,Built-In Microwave% |
| Date Updated | December 19, 2024 |
| Date Created | December 11, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $54,948 | $0 |
Listing Provided By
Jamie L Koehler an agent of . Lic #640791
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Data last updated: December 22, 2024.
Robert Crawford
REAL ESTATE AGENT