Baltimore, MD 21218,2820 SAINT PAUL ST
Baltimore, MD 21218,2820 SAINT PAUL ST
Baltimore, MD 21218,2820 SAINT PAUL ST
Baltimore, MD 21218,2820 SAINT PAUL ST
Baltimore, MD 21218,2820 SAINT PAUL ST
Baltimore, MD 21218,2820 SAINT PAUL ST
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$400,000

$389,000

2.8%
Est.Price: ?

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Est. payment /mo

3,120 SqFt


SOLD DATE : 03/09/2021

Key Details

Sold Price $400,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $128

Subdivision Charles Village

MLS Listing ID MDBA536286

Sold Date 03/09/21

Style Traditional

HOA Y/N N

Abv Grd Liv Area 3,120

Originating Board BRIGHT

Year Built 1902

Annual Tax Amount $7,094

Tax Year 2021

Lot Size 3,317 Sqft

Acres 0.08

Lot Dimensions 18' x 184'4\"

Property Description

This well-maintained 3-unit building awaits its new owner! Located around the corner from Wyman Park, and just 2 blocks from Johns Hopkins Homewood Campus! 2820 Saint Paul Street contains 3 spacious one-bedroom apartments. Constructed in 1902, this building offers historic charm in the ornate finishes of the staircase and the first floor apartments veneer hardwood floors. The owner has maintained the property well: upgrades include vinyl replacement windows and a new steam boiler dated 2014. Sturdy finishes like the bathrooms ceramic tile floors and the kitchens laminate counters help lower turnover and replacement costs. This block is among the best in Charles Village! The location caters to students, researchers, and support staff at Hopkins University and nearby Union Memorial Hospital. The Johns Hopkins Shuttle Bus stops one block south, at 27th and Saint Paul, making this a desirable location for employees travelling to other Hopkins campuses too. 2820 Saint Paul Street earns a WalkScore of 90 (Walkers Paradise!) a TransitScore of 61, and a BikeScore of 86. 2820 Saint Paul Street is a prime opportunity for an owner-occupant purchaser. The first floor is currently vacant and has been cleaned and painted for move-in. This apartment has access to the basements laundry facilities and extra storage space, plus use of a one-car garage in the rear. The second and third floor apartments are leased to long-term tenants. So, you can move into the first floor apartment and let the rents pay your mortgage! Schedule a time to tour this Charles Village gem! Investment Summary: $389,000 $129,667 Per Unit $125 Per Sq. Ft. 9.3 Times Market Rent (GRM) 6.78% Cap Rate 8.3% Projected Cash-on-Cash Return

Location

State MD

County Baltimore City

Zoning R-8

Rooms

Basement Other, Full, Unfinished

Interior

Hot Water Multi-tank, Natural Gas

Heating Radiator, Steam

Cooling None

Heat Source Natural Gas

Exterior

Garage Garage - Rear Entry, Oversized

Garage Spaces 1.0

Waterfront N

Water Access N

Roof Type Rubber

Accessibility None

Parking Type Detached Garage

Total Parking Spaces 1

Garage Y

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Structure Type Plaster Walls,Dry Wall

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0312163850 011

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, FHA, FHA 203(b), FHA 203(k), VA, Conventional

Listing Terms Cash, FHA, FHA 203(b), FHA 203(k), VA, Conventional

Financing Cash,FHA,FHA 203(b),FHA 203(k),VA,Conventional

Special Listing Condition Standard

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Patricia K. Gallardo

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Bright MLS (BMLS)
Listed by Thomas Fair • Ben Frederick Realty, Inc.
Bought with Susan L Ludwig • Cummings & Co. Realtors
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1765 Greensboro Station Place, Suite 900, Mclean

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