1815 Saint Paul St, BALTIMORE

$550,000

0 Beds
0 Baths
2,758 Sqft
0 Acres
0 Garages

Generate $4,579 per month, $54,948 per year! Don’t miss this incredible investment opportunity in the vibrant Station North neighborhood of Baltimore City, just 1.8 miles north of the Inner Harbor! 1815 Saint Paul St is a nicely remodeled, zoned 5-unit building that flaunts an impressive 2,758 finished square feet, (1) studio apartment, (3) 1-bedroom apartments, and (1) 2-bedroom apartment, and generates a robust $4,579 in monthly rent. Two units are leased to residents of the Housing Choice Voucher Program; the other three units are leased to cash-paying tenants. This property boasts high rents, no delinquency (as of 12/9/2024), written leases, lead certificates, and a 5-unit rental license. The building has five gas meters (one for each unit) and six electric meters (one for each unit and one for the common area). Each unit has its own gas furnace. Residents are responsible for their own BGE accounts. The water bill is paid by the owner. Some tenants are responsible for paying a monthly water fee, which totals $125 per month across all units. Maximize returns by renting the two rear parking spots! What are you waiting for? Add this one to your rental portfolio today! There is a Special Benefits Tax in this neighborhood. The current cost for the year for this property is $427.63. The Special Benefits Tax is a surcharge which covers additional safety and sanitization efforts for the area.

Essential Information
MLS® #MDBA2147976
Price$550,000
Bathrooms0.00
Square Footage2,758
Acres0.00
Year Built1890
TypeMulti-Family
Sub-TypeOther, End of Row/Townhouse
StyleFederal
StatusActive
Community Information
Address1815 Saint Paul St
SubdivisionSTATION NORTH ARTS DISTRICT
CityBALTIMORE
CountyBALTIMORE CITY-MD
StateMD
MunicipalityBaltimore City
Zip Code21202
Amenities
ViewCity
Amenities

Stall Shower, Tub Shower, Carpet, Upgraded Countertops

Parking

Concrete Driveway, Prk Space Cnvys, Private

Interior
HeatingForced Air
CoolingWindow Unit(s)
Has BasementYes
Appliances

Built-In Range, Oven/Range-Gas, Range hood, Refrigerator, Washer, Dryer, Built-In Microwave

Basement

Connecting Stairway, Daylight, Partial, Interior Access, Unfinished

Exterior
ExteriorBrick and Siding
Lot DescriptionCorner Lot
FoundationOther
Exterior Features

Exterior Lighting, Street Lights, Gutter System, Sidewalks, Fire Escape, Deck(s)

School Information
DistrictBALTIMORE CITY PUBLIC SCHOOLS
Additional Information
ZoningOR-1
Listing Details
OfficeCummings & Co. Realtors
Office Contact(410) 823-0033
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Listing information last updated on December 22nd, 2024 at 4:03am EST.

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