1115 N CALVERT ST N Coming Soon Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21202
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 3,640 sqft
Price per Sqft $205
MLS Listing ID MDBA2155024
Originating Board BRIGHT
Year Built 1900
Available Date 2025-04-30
Annual Tax Amount $10,179
Tax Year 2024
Lot Size 2,618 Sqft
Acres 0.06
Property Sub-Type Five Or More Units
Property Description
Excellent investment opportunity in Baltimore's desirable Mid-town Belvedere neighborhood, featuring a 5-unit multifamily property made up of four 1-bedroom units and a top-level studio with a full private bathroom. Private parking or street parking available. Currently generating $3,920/month from 3 occupied units, with one unit vacant and rent-ready and another in the process of renovation, this property offers strong current income with a clear path to value-add growth. With updates and market-rate adjustments, projected gross income can reach just under $8,000/month or more. The property is well-positioned near restaurants, convenience stores, and public transit, and offers close access to Penn Station, MICA, and the University of Baltimore, making it appealing to a broad tenant base. Whether you're a first-time investor or looking to expand your portfolio, this property presents a rare blend of existing cash flow and upside potential in a high-demand rental area. Seller is open to creative financing or purchase options, adding flexibility for investors looking to structure a deal that aligns with their goals—reach out today to learn more or schedule a private showing. Please be mindful as building is tenant occupied, advanced notice is required or showings.
Location
State MD
County Baltimore City
Zoning O-R-4
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C,Ceiling Fan(s)
Flooring Carpet,Luxury Vinyl Plank,Tile/Brick,Wood
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0311120498 005
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,FHA,Private,VA,Seller Financing
Listing Terms Cash,Conventional,FHA,Private,VA,Seller Financing
Financing Cash,Conventional,FHA,Private,VA,Seller Financing
Special Listing Condition Standard