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Listed by Alexander Lee • Cummings & Co. Realtors

$749,000

Est. payment - /mo

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3,640 SqFt

New

1115 N CALVERT ST N Baltimore, MD 21202

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

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

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DC Homes Guide

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1115 N CALVERT ST N Baltimore, MD 21202

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Key Details

Location

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Exterior

Building

Schools

Others

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