Residential Income Property with Renovated
For Sale
$135,000
1101 SAINT PAUL STREET Unit 1809, Baltimore, MD 21202
One-bedroom condominium residence with updated finishes and access to secure-building amenities.
Property Size849 SF
Days on Market35
Property Features for 1101 SAINT PAUL STREET Unit 1809
General Information
Standard status
Active
Size
849 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,603
Amenities
lobby
24-hour concierge
parking garage
on-site store
Building Details
Building Size
849 SF
Year Built
1965
Listing Agency:
Redfin Corp
Listed By:
Hezeldee Klinger
(443) 858-7385
Source:
Thehulsmangroup
Added: Sep 2
Changed: Oct 3
Last Checked: Oct 5 at 10:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redfin Corp
Investment Insights
Based on property information with market context.
This one-bedroom, one-bath condominium residence combines hardwood flooring with stainless steel appliances, granite countertops, and a renovated bathroom. The unit is located in a building constructed in 1965 and includes access to a secure lobby, 24-hour concierge service, a parking garage, and an on-site store.
The property is in Baltimore’s Mount Vernon neighborhood, with Penn Station, museums, hospitals, retail, and dining in the surrounding area. Its central setting provides access to downtown Baltimore and nearby urban amenities.
The property is in Baltimore’s Mount Vernon neighborhood, with Penn Station, museums, hospitals, retail, and dining in the surrounding area. Its central setting provides access to downtown Baltimore and nearby urban amenities.
Key Highlights
- One‑bedroom, one‑bath condominium residence
- Hardwood floors, stainless steel appliances, and granite countertops
- Renovated bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,061
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,220
$221.2K
Cap Rate 7%
$158,014
$158.0K
Cap Rate 9%
$122,900
$122.9K
Market Conditions
NOI Build-Up for 849 SF
Gross rent
$21.4K $25.20/SF
− Vacancy
−$1.3K −$1.51/SF
EGI
$20.1K $23.69/SF
− OpEx
−$9.1K −$10.66/SF
NOI
$11.1K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,220
Cap Rate 7%
$158,014
Cap Rate 9%
$122,900
Alternative Uses
Best Use
Apartment 5plus
$158.0K
$138.3K – $184.4K
NOI $11,061 @ 7.0% cap · market cap 8.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$203.4K
$178.0K – $237.3K
NOI $14,238 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,539
Businesses Nearby
Explore this area
Business Placement
Demographics for 21202, MD
22,247
Population
12,731
Households
1.7
Avg Household Size
33
Median Age
48%
College-Educated
86%
High-School Grad
1.6 sq mi
ZIP Area
13,904
Density / Sq Mi
$61,578
Median Household Income
$53,609
Median Earnings
$1,497
Median Rent
$307,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom condominium residence with updated finishes and access to secure-building amenities.
Where is this residential income property located?
The property is located at 1101 SAINT PAUL STREET Unit 1809 Baltimore, MD.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: One‑bedroom, one‑bath condominium residence; Hardwood floors, stainless steel appliances, and granite countertops; Renovated bathroom
