Value add multi-family with 9 units near Johns Hopkins University
2800 N Calvert St Baltimore, MD 21218
2800 N Calvert St Baltimore, MD 21218
Summary
- Built 1902
- Land SF 2,275 SF
- SF GBA 3,942 SF
- Units 9
- Avg Unit Size 986 SF
- Stories 4
- Construction Masonry
- # of Buildings 1
- Gas and electric Individually Metered
Value add multi-family with 9 units near Johns Hopkins University
Nestled within the dynamic Charles Village neighborhood, adjacent to Johns Hopkins University, 2800 N Calvert in Baltimore presents itself as a notable three-story multi-family property. The strategic benefit of its close proximity to Johns Hopkins University, a well-regarded educational institution, significantly adds to its allure. This advantageous location positions the property to consistently attract potential tenants, ensuring a dependable occupancy rate and a steady stream of rental income.
This property emerges as a compelling investment opportunity; the combination of its strategic location and the potential for substantial returns makes it an attractive choice for savvy investors. Currently boasting 100% occupancy, a garage with two parking spaces offers potential increased income, and an on-site washer and dryer facility further enhances its appeal. With efficient management practices and strategic leasing enhancements, the property can increase rents by 100%.
This property stands out as an appealing option for investors seeking both stability and significant financial returns in this highly sought-after locale. Its historical charm, coupled with its advantageous position, makes it a promising investment for those looking to capitalize on the real estate market in the area.