Value add multi-family with 9 units near Johns Hopkins University

2800 N Calvert St Baltimore, MD 21218

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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.

Investment Highlights

-Adjacent to Johns Hopkins University

-Potentially increase rents by approximately 100%

-Perpetual demand due to proximity to universities

-Walking distance to Starbucks, Safeway, University Market & Deli

-Proximity to major highway (I-83). Near University Parkway Transit Hub and bus stations
-100% Current occupancy

- Mix of large studios and 1-bed / 1-bath units

-On-site washer and dryer facility

-A garage with two parking spaces offers potential for increased income.

Catalog

Location Map

Midfield Team