39.31682 -76.61559

2414 SAINT PAUL ST Baltimore, MD 21218

323276535 39.31682 -76.61559 230 /listing/323276535-150002743/2414-saint-paul-st-baltimore-md-21218 False 0 525000.0 2544 101 MDBA2061372 False
  • $525,000
  • 2,544 sqft
  • 0.03 lot
  • Est payment $2818.31/mo

Property & Neighborhood Info

Courtesy Of Ben Frederick Realty, Inc., ben@benfrederick.com

Commercial in BALTIMORE

Diversify your rental portfolio under one roof with this mixed use Charles Village building. Housing four apartments and one retail suite, 2414 Saint Paul Street is 100% leased and provides instant cash flow, in one of Baltimore’s premier real estate investment markets.Unit Mix:3 Efficiency Apartments1 One-Bedroom Apartment1 Retail Clothing Store2414 Saint Paul Street has first-floor retail on the street level, two apartments on the second floor, and two apartments on the third floor.Apartment kitchens feature sturdy, easy-to-clean construction with a mix of wood and laminate cabinets, laminate countertops, and ceramic tile floors. Bathrooms have modern vanities and full-sized tubs. Living areas contain a mix of laminate, ceramic tile, and hardwood flooring. With compact apartments and easy-to-maintain finishes, tenant turnovers will be a breeze. The Charles Village neighborhood provides a steady supply of quality tenants.The commercial space is leased to a clothing store, with a 3 year term and 3 year renewal option. This building’s C-1 zoning allows a myriad of business uses including retail, office, or medical. With no walk-up stairs and high street visibility, 2414 Saint Paul Street’s commercial element provides a desirable location for businesses.2414 Saint Paul Street has 5 gas meters and 6 electric meters. Currently the commercial tenant and one apartment tenant pay their own utilities; the rest have their utilities included in the rent. A savvy landlord might pass these costs along to the tenants to increase cash flow.This mixed-use building’s apartments have electric baseboard heat; the commercial suite has a gas-fired forced air furnace with corresponding air conditioning. Each unit has its own water heater. The building has vinyl replacement windows, and a rubber roof with elastomeric coating.Just around the corner from 2414 Saint Paul Street is 25th Street, a bustling commercial corridor. This neighborhood is home to many mom-and-pop shops as wel

Courtesy Of Ben Frederick Realty, Inc., ben@benfrederick.com
  1. 2,544 Sq. Ft.
  2. 0.03 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1900
  • Garage: 1.0
  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • County: BALTIMORE CITY
  • Taxes: $7,746.00
  • Tax Year: 2022
  • Units: 5
  • Zoning: Community Commercial; Licensed
  • Subdivision: Charles Village
  • MLS Number:MDBA2061372

Additional Features

  • Air Conditioning:
    • Yes
  • Cooling:
    • Central A/C
  • Cooling Fuel:
    • Electric
  • Exclusions:
    • tenants' possessions
  • Water Heater:
    • Multi-tank
  • Building Area Source:
    • Assessor
  • Building Square Feet:
    • 3476.00
  • Business Type:
    • Apartment Building
    • Other/General Retail
  • New Construction:
    • No
  • Roof:
    • Rubber
  • Water Source:
    • Public
  • Lot SF Source:
    • Estimated
  • Waterfront:
    • No
  • Electric:
    • 200+ Amp Service
  • Heating:
    • Baseboard - Electric
    • Forced Air
  • Heating Fuel:
    • Electric
    • Natural Gas
  • Sewer:
    • Public Sewer
  • Municipality:
    • Baltimore City
  • Water Access:
    • No
  • Financing:
    • Cash
    • Exchange
    • Private
  • List Type (Exclusive):
    • Exclusive Right
  • Net Operating Income:
    • 40405.00
  • Rental Features:
    • No
  • Assessment Year:
    • 2022
  • Attribution Contact:
    • 410-752-6400
    • ben@benfrederick.com
  • Cap Rate:
    • 7.70
  • Historic YN:
    • No
  • MLSSystem ID:
    • BRIGHT
  • Possession:
    • Immediate
    • Subject to Existing Lease
  • Price Per SQFT:
    • 151.04
  • Sourced By:
    • Bright MLS
  • Total Parking Spaces:
    • 1
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Mickey Glassman
Mickey Glassman
Associate Broker
9990 Fairfax Blvd. Ste 160 Fairfax VA 22030
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39.31682 -76.61559

2414 SAINT PAUL ST Baltimore, MD 21218

323276535 39.31682 -76.61559 230 /listing/323276535-150002743/2414-saint-paul-st-baltimore-md-21218 False 0 525000.0 2544 101 MDBA2061372 False
  • $525,000
  • 2,544 sqft
  • 0.03 lot
  • Est payment $2818.31/mo