2702 N CALVERT ST, Baltimore, MD 21218
2702 N CALVERT ST, Baltimore, MD 21218
2702 N CALVERT ST, Baltimore, MD 21218
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Jason Freeby

Jason Freeby

+1(908) 443-1405
Listed by Will Cannon • Ben Frederick Realty, Inc.
$465,000
Est. payment /mo
3,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $155

Subdivision Charles Village

MLS Listing ID MDBA2232286

Style Converted Dwelling

Abv Grd Liv Area 2,600

Year Built 1900

Annual Tax Amount $5,135

Tax Year 2026

Lot Size 1,968 Sqft

Acres 0.05

Lot Dimensions 16'6\" x 123'

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

2702 North Calvert Street presents a fully occupied, four-unit apartment building in Charles Village with clear value-add and future owner-occupancy potential. The unit mix includes one two-bedroom apartment and three one-bedroom apartments. Functional, dated kitchens and bathrooms allow apartments to be improved as units turn, while current below-market rents provide additional opportunity through market-rent alignment. The property has five gas meters and five electric meters, with tenants paying their in-unit gas and electric usage. The landlord pays for heat, hot water and cold water. A one-car garage provides additional income potential. Located four blocks from Johns Hopkins University's Homewood Campus, one block east of a JHU shuttle stop and three blocks from Wyman Park Dell. At the $465,000 asking price, an illustrative 80% LTV loan at 6.50% produces estimated monthly PITI of $3,031. If an owner occupied Apartment 1, projected rents of $3,550 from the remaining three apartments would exceed estimated PITI by $519 per month, before owner-paid utilities, maintenance and other expenses. *As us how!

Live in Charles Village with income from three apartments helping to cover the mortgage, or invest in all four and grow income through apartment improvements and market rent alignment.

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Inclusions 4 refrigerators, 4 stoves

Heat Source Natural Gas

Exterior

Parking Features Garage - Rear Entry

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage Y

Private Pool No

Building

Foundation Stone

Above Ground Finished SqFt 2600

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0312163842 002

Ownership Fee Simple

SqFt Source 3000

Special Listing Condition Standard

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Bright MLS (BMLS)

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Jason Freeby

Jason Freeby

Broker

+1(908) 443-1405

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2702 N CALVERT ST