Residential Property with Updated
For Sale
$210,000
1101 SAINT PAUL STREET Unit 704, Baltimore, MD 21202
The two-bedroom, two-bathroom residence includes an open living and dining area and a kitchen with stainless steel appliances.
Property Size1,196 SF
Days on Market12
Property Features for 1101 SAINT PAUL STREET Unit 704
General Information
Standard status
Active
Size
1,196 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Mid-Town Belvedere
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,997
Building Details
Building Size
1,196 SF
Year Built
1961
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
Listed By:
Thomas D Slaughter · License #85601
(410) 370-9556
Source:
Thehulsmangroup
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 28 at 3:26PM
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 Berkshire Hathaway HomeServices Homesale Realty
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Investment Insights
Based on property information with market context.
This 2-bedroom, 2-bathroom condominium, built in 1961, has an open living and dining area and a full kitchen featuring stainless steel appliances and marble flooring. Updated finishes, systems, and bathroom fixtures complement the interior, while closet space is provided throughout. Each room offers a view of the Baltimore skyline.
The property is in Baltimore’s Mount Vernon area, near dining, coffee shops, boutiques, the Walters Art Museum, Center Stage, the Peabody Institute, and MICA. Penn Station, medical centers, transit routes, downtown business districts, I-95, and I-83 are also nearby.
The property is in Baltimore’s Mount Vernon area, near dining, coffee shops, boutiques, the Walters Art Museum, Center Stage, the Peabody Institute, and MICA. Penn Station, medical centers, transit routes, downtown business districts, I-95, and I-83 are also nearby.
Key Highlights
- 2‑bedroom, 2‑bathroom condominium
- Open living and dining area
- Kitchen with stainless steel appliances and marble flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,582
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,640
$311.6K
Cap Rate 7%
$222,600
$222.6K
Cap Rate 9%
$173,133
$173.1K
Market Conditions
NOI Build-Up for 1,196 SF
Gross rent
$30.1K $25.20/SF
− Vacancy
−$1.8K −$1.51/SF
EGI
$28.3K $23.69/SF
− OpEx
−$12.7K −$10.66/SF
NOI
$15.6K $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%
$311,640
Cap Rate 7%
$222,600
Cap Rate 9%
$173,133
Alternative Uses
Best Use
Apartment 5plus
$222.6K
$194.8K – $259.7K
NOI $15,582 @ 7.0% cap · market cap 7.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$286.5K
$250.7K – $334.3K
NOI $20,057 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
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 - The two-bedroom, two-bathroom residence includes an open living and dining area and a kitchen with stainless steel appliances.
Where is this residential income property located?
The property is located at 1101 SAINT PAUL STREET Unit 704 Baltimore, MD.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bathroom condominium; Open living and dining area; Kitchen with stainless steel appliances and marble flooring
