2740 Saint Paul St Immeuble residentiel 4 lots 644 648 € (161 162 €/Lot) Taux de capitalisation 8,17 % Baltimore, MD 21218

Each of the four fully renovated one-bedroom apartments at 2740 Saint Paul is thoughtfully laid out to maximize space and function. The building underwent a full gut-to-studs renovation in 2017. At approximately 17 feet wide by 80 feet deep, each apartment offers a generous footprint with a practical, well-balanced layout.
Apartments 1, 2, and 3 have hardwood floors throughout the living spaces, while the terrace apartment features vinyl plank flooring. All kitchens are outfitted with granite countertops, real wood cabinets, stainless steel sinks, dishwashers, and 30? electric ranges with ceramic cooktops. Bathrooms feature steel tubs, modern vanities, and ceramic tile tub surrounds and flooring. Three apartments are equipped with stacked washers and dryers, and the terrace unit includes a full-sized washer and dryer. Select units also feature exposed brick.
This all-electric building has been overhauled with a full sprinkler system and upgraded 400-amp electric service. Each apartment has its own electric heat pump with central air, as well as a 40-gallon electric water heater. The building is separately metered for electric with five total meters. Leases are currently structured so that each tenant pays $35/month toward the water and sewer bill. An additional opportunity exists to lease the two rear parking spaces at $50 per month each.
All-electric mechanicals not only simplify operations but also align with growing demand for sustainable housing. With no gas lines to maintain or convert, the building is already compliant with potential future energy regulations.
Located just two blocks from Johns Hopkins University and Wyman Park, 2740 Saint Paul sits in the heart of Charles Village—one of Baltimore’s most walkable and well-served rental neighborhoods. A Johns Hopkins Shuttle Bus picks up at the end of the block, offering free, convenient service to Peabody School, Broadway Research Campus, and Bayview Medical Center. The apartments at 2740 Saint Paul Street are more spacious, bright, and quiet than typical rentals near the hospital or downtown. Just a half-mile walk from the Homewood Campus, tenants pass Starbucks, CVS, grocery stores, and numerous restaurants, bars, and shops along the way. The property also lies within the Charles Village Community Benefits District, which provides supplemental sanitation and neighborhood events—adding to the area’s appeal for students, faculty, and professionals alike.