1115 N CALVERT Street, Baltimore, MD 21202
MULTI_FAMILY - Colonial - BALTIMORE, MD
- Added:
- Mar 21, 2026
- Days on Market:
- 109
- Last Refresh:
- Jul 7 at 10:06 am
Property Features for 1115 N CALVERT Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 3,640 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12333
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1900
- Number of units
- 4
- Building materials
- Brick Front
- Architectural style
- Colonial
Listing agent Hardeep K Sran License #601209 (202) 255-6632
Listing office Samson Properties 9801 Washingtonian Boulevard unit: 600, Chantilly, MD (240) 630-8689
Listing date Mar 21, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Multifamily property in Baltimore's desirable Midtown Belvedere neighborhood.
- Currently generating $4,000/month with potential to reach $6,500/month at market rates.
- Features four 1‑bedroom units plus a top‑level studio with a private full bath.
- Unit 1 and the loft are vacant, offering immediate value‑add potential.
- Ground floor and first floor recently renovated with a new HVAC system and a 2‑year‑old water heater.
- Conveniently located near Penn Station, MICA, and the University of Baltimore.
Overview
The property is located at 1115 N Calvert Street in Baltimore, Maryland 21202, in Baltimore City. Showings require 24-hour notice, and because multiple tenants are in place, the listing agent should be contacted for access coordination. The property includes private parking, along with additional street parking, and the area is described as convenient to Penn Station, Maryland Institute College of Art (MICA), and the University of Baltimore.
For buyers and investors, the unit mix supports a tenant base that may include students and professionals, given the proximity to local schools and transit. Current income is described as approximately $4,000 per month from three occupied units, with Unit 1 and the loft currently vacant. The remarks also include estimated projected rents at market rates of approximately $6,500 per month.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.8k | $22.20 |
| − Vacancy | −$4.4k | −$1.22 |
| EGI | $76.4k | $20.98 |
| − OpEx | −$22.9k | −$6.29 |
| NOI | $53.5k | $14.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.61287
- Latitude
- 39.30303
