Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
Listing photo for 2804 N Calvert St, BALTIMORE, MD
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2804 N Calvert St,

BALTIMORE, MD

$420,000

3,500 Sqft
0.05 Acres

2804 Calvert Street offers you the opportunity to own 5 apartments at an affordable price, earning positive cash flow from day one! These apartments are home to a mix of Johns Hopkins graduate students and long-term, stable market tenants.While these apartments are fully rented and provide positive cash flow, the rents are low and kitchens and bathrooms are older~providing the opportunity to make improvements and increase the rents accordingly.This inviting porch-front building features exposed brick accent walls. Real hardwood floors appeal to today~s tenants. The ceramic tile bathrooms are durable and reduce turnover costs. Metal garage in rear provides extra income. Water bills are passed through to tenants; owner pays for public service gas & electric. Building is served by gas-fired steam boiler, installed 2014.Centrally located in Charles Village, tenants enjoy an easy walk to Johns Hopkins University Homewood Campus, Union Memorial Hospital, and all the shops and restaurants that the neighborhood offers. Tenants love that this building offers a WalkScore of 89, a TransitScore of 62, and a BikeScore of 86, which means this apartments rent fast!Schedule an appointment to see this income-producing property today!Investment Summary:$420,000 $152 Per Sq. Ft. $84,000 Per Unit 8.4 Times Actual Rent (GRM) 8.1 Times Projected Rent (GRM) 7.37% Cap Rate 8.3% Projected Cash-on-Cash Return

Facts & Features
MLS® # MDBA500820
Price $420,000
Bathrooms 0.00
Square Footage 3,500
Acres 0.05
Year Built 1902
Type Commercial Sale
Sub-Type Five Or More Units
Status Active
Community Information
Address 2804 N Calvert St
Subdivision CHARLES VILLAGE
City BALTIMORE
County BALTIMORE CITY-MD
State MD
Zip Code 21218
Amenities
Is Waterfront No
Interior
Heating Radiator
Cooling None
Has Basement No
Fireplace No
Exterior
Exterior Brick and Siding
Roof Rubber
Foundation Brick/Mortar
School Information
District BALTIMORE CITY PUBLIC SCHOOLS
Additional Information
Date Listed February 18th, 2020
Days on Market 92
Zoning R-8
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office Ben Frederick Realty, Inc.
Photo of Hutch Putnam

Hutch Putnam

Office: (202) 573-8552
Cell: 540-216-9127

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Listing information last updated on May 27th, 2020 at 12:05pm EDT.

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