2635 N CALVERT Street Baltimore, MD 21218
MULTI_FAMILY - Other - BALTIMORE, MD
Property Features for 2635 N CALVERT Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Family Room
- Parking
- 1
- Parking features
- On Street, Parking Lot
- Interior features
- 2nd Kitchen, Additional Stairway, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space
- Appliances
- Dishwasher, Disposal, Dryer, Dryer - Front Loading, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Washer/Dryer Stacked, WaterHeater
- Standard status
- Active
- Size
- 3,292 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7234
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1900
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing agent Jennifer L Drennan License #617937 (301) 318-5959
Listing office Taylor Properties 175 Admiral Cochrane Drive unit: 112, Annapolis, MD (301) 970-2447
Listing date Dec 20, 2025
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.
Investment Insights
Based on property information with market context.
Located in Charles Village, the property is just blocks from Johns Hopkins University and near everyday neighborhood amenities including Starbucks, Eddie’s Market, the Baltimore Museum of Art, Waverly Farmers Market, parks, shops, restaurants, and public transportation.
For tenants and owner-operators seeking a renovated residential income asset with modern in-unit conveniences, this property offers a practical combination of updated building systems, central cooling, and in-unit laundry across an efficient unit mix. With a current rental income of approximately $7,700 per month, it is positioned as a straightforward option for buyers looking for a low-maintenance, ready-to-operate multifamily investment.
Key Highlights
- Four‑unit multifamily property in Charles Village with approx. $7,700/month in rental income.
- Unit mix includes two 2BR/1BA apartments, one 2‑level 3BR/2BA unit, and one studio.
- Major capital improvements reported: all‑new plumbing, electrical, HVAC, energy‑efficient windows, and a brand‑new roof.
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 | $65.2k | $19.80 |
| − Vacancy | −$4.0k | −$1.22 |
| EGI | $61.2k | $18.58 |
| − OpEx | −$18.3k | −$5.57 |
| NOI | $42.8k | $13.00 |
