Charles North Multi-Family 2126 Saint Paul St Immeuble residentiel 4 lots 487 162 € (121 791 €/Lot) Taux de capitalisation 8,67 % Baltimore, MD 21218



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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Fully Updated, Separately Metered 4-Unit in Charles North — Low-maintenance asset in a high-demand rental market.
- Ceilings Up to 12’, Granite Counters, and Central Air — Quality finishes that attract stable tenants and minimize vacancy.
- Just Four Blocks from Penn Station — Ideal for professionals working in DC who want more affordable housing with easy access to Amtrak and MARC.
- At the Crossroads of Station North and Charles Village Expansion — Positioned for rent growth and long-term appreciation in a fast-evolving corridor.
RÉSUMÉ ANALYTIQUE
All four extra-large apartments at 2126 Saint Paul Street have been thoughtfully updated while preserving the building’s architectural presence.
This Saint Paul Multi-Family offers generous ceiling heights—12 feet on the first floor, 11 feet on the second, and 10 feet on the third—combined with oversized layouts and large windows to create bright, open living spaces throughout. Kitchens feature updated cabinetry, designer ceramic tile backsplashes, and full suites of appliances—including dishwashers, disposals, and 30” gas ranges in three units. Three apartments also feature granite countertops, and the terrace-level unit boasts a massive island with built-in drawer storage and a private walk-out patio—ideal for outdoor dining or quiet relaxation. All bathrooms include modern vanities—one custom built—and the above-grade units offer a mix of tubs and shower stalls. The terrace apartment features a half bath, a jacuzzi soaking tub, and a walk-in shower with ceramic tile surround and flooring, offering a spa-like retreat rarely found in rental housing.
Utility Information:
This Saint Paul Multi-Family features fully self-contained apartments, each separately metered for gas and electric, allowing tenants to cover their own utility costs. All four units have their own HVAC systems and dedicated water heaters—gas-fired 40-gallon tanks for the first-floor and basement units, and space-saving tankless electric water heaters for the upper floors. Three apartments are equipped with in-unit stacked washers and dryers, adding convenience and rental appeal. The fourth apartment has hook-ups at the ready. Heating is provided by individual gas-fired forced air furnaces in each unit along with central air. Observable plumbing includes copper supply lines and PVC drain lines, offering durability and ease of maintenance.
What’s Special About Charles North:
2126 Saint Paul Street sits in the heart of Charles North, a dynamic neighborhood known for its creative energy, historic architecture, and prime transit access. Just blocks from the Station North Arts District and Penn Station, the area attracts artists, professionals, and students alike. The neighborhood’s evolution is reflected in its food and drink scene—home to upscale cocktail spots like Fadensonnen, Dutch Courage, Clavel, and WC Harlan—drawing a discerning, urban-minded crowd. As Station North continues expanding north and Charles Village trends south, this location stands at the crossroads of two of Baltimore’s most exciting growth corridors. With strong tenant demand and ongoing investment all around, this Saint Paul address offers both immediate rental income and long-term upside for investors looking to build or balance their portfolio.
This Saint Paul Multi-Family offers generous ceiling heights—12 feet on the first floor, 11 feet on the second, and 10 feet on the third—combined with oversized layouts and large windows to create bright, open living spaces throughout. Kitchens feature updated cabinetry, designer ceramic tile backsplashes, and full suites of appliances—including dishwashers, disposals, and 30” gas ranges in three units. Three apartments also feature granite countertops, and the terrace-level unit boasts a massive island with built-in drawer storage and a private walk-out patio—ideal for outdoor dining or quiet relaxation. All bathrooms include modern vanities—one custom built—and the above-grade units offer a mix of tubs and shower stalls. The terrace apartment features a half bath, a jacuzzi soaking tub, and a walk-in shower with ceramic tile surround and flooring, offering a spa-like retreat rarely found in rental housing.
Utility Information:
This Saint Paul Multi-Family features fully self-contained apartments, each separately metered for gas and electric, allowing tenants to cover their own utility costs. All four units have their own HVAC systems and dedicated water heaters—gas-fired 40-gallon tanks for the first-floor and basement units, and space-saving tankless electric water heaters for the upper floors. Three apartments are equipped with in-unit stacked washers and dryers, adding convenience and rental appeal. The fourth apartment has hook-ups at the ready. Heating is provided by individual gas-fired forced air furnaces in each unit along with central air. Observable plumbing includes copper supply lines and PVC drain lines, offering durability and ease of maintenance.
What’s Special About Charles North:
2126 Saint Paul Street sits in the heart of Charles North, a dynamic neighborhood known for its creative energy, historic architecture, and prime transit access. Just blocks from the Station North Arts District and Penn Station, the area attracts artists, professionals, and students alike. The neighborhood’s evolution is reflected in its food and drink scene—home to upscale cocktail spots like Fadensonnen, Dutch Courage, Clavel, and WC Harlan—drawing a discerning, urban-minded crowd. As Station North continues expanding north and Charles Village trends south, this location stands at the crossroads of two of Baltimore’s most exciting growth corridors. With strong tenant demand and ongoing investment all around, this Saint Paul address offers both immediate rental income and long-term upside for investors looking to build or balance their portfolio.
BILAN FINANCIER (PRO FORMA - 2025) |
ANNUEL | ANNUEL PAR m² |
---|---|---|
Revenu de location brut |
58 767 €
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181,77 €
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Autres revenus |
-
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-
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Perte due à la vacance |
-
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-
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Revenu brut effectif |
58 767 €
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181,77 €
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Taxes |
8 122 €
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25,12 €
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Frais d’exploitation |
8 561 €
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26,48 €
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Total des frais |
16 682 €
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51,60 €
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Résultat net d’exploitation |
42 085 €
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130,17 €
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INFORMATIONS SUR L’IMMEUBLE
Prix | 487 162 € |
Prix par lot | 121 791 € |
Type de vente | Investissement |
Taux de capitalisation | 8,67 % |
Multiplicateur du loyer brut | 8.3 |
Nb de lots | 4 |
Type de bien | Immeuble residentiel |
Sous-type de bien | Appartement |
Style d’appartement | Maison de ville |
Surface de l’immeuble | 323 m² |
Occupation moyenne | 25% |
Nb d’étages | 3 |
Année de construction | 1883 |
Ratio de stationnement | 0,05/1 000 m² |
Zonage | R-8 - Permitted for 4 Dwelling Units. Rental License pending. |
LOT INFORMATIONS SUR LA COMBINAISON
DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
---|---|---|---|
2+1 | 1 | - | - |
1+1 | 3 | - | - |
1 of 1
Walk Score®
Idéal pour les promeneurs (95)
Transit Score®
Excellent réseau de transport en commun (87)
Bike Score®
Très praticable en vélo (86)