Four-Unit Apartment Building with
1125 Saint Paul Street Baltimore, MD 21202
1125 Saint Paul Street, Baltimore, MD, 21202
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For Sale
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Fully leased historic building with four one-bedroom, one-bath units plus a ground-level studio.
Property Size4,096 SF
Price / SF$238.04
Days on Market10
Property Features for 1125 Saint Paul Street
General Information
- Standard status
- Active
- Size
- 4,096 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing Agency
Keller Williams Flagship of Maryland
Listed by
Derrick Rocco Dorkins · License #MD. 582374
Source
Crexi
Added: Jul 12 Updated: Jul 15 at 1:49 am Checked: Jul 19 at 9:31 am
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 Keller Williams Flagship of Maryland
Investment Insights
Based on property information with market context.
1125 Saint Paul Street is a historic, well-maintained apartment building that is fully leased. The property includes four spacious one-bedroom, one-bathroom apartments and a cozy ground-level studio, providing a mix of unit configurations within a classic urban setting.
Located in the heart of Mount Vernon in Baltimore City, the building is surrounded by local destinations such as cultural landmarks, dining, and everyday city activity.
This offering provides an income-generating residential building with five total units arranged as four one-bedroom, one-bath residences and one additional ground-level studio.
Located in the heart of Mount Vernon in Baltimore City, the building is surrounded by local destinations such as cultural landmarks, dining, and everyday city activity.
This offering provides an income-generating residential building with five total units arranged as four one-bedroom, one-bath residences and one additional ground-level studio.
Key Highlights
- Historic building built in 1900 located in Mount Vernon (Baltimore City)
- Fully leased property with 4 one‑bedroom, 1‑bath apartments
- Includes a cozy ground‑level studio unit in addition to the four apartments
Local Financial Insights For Apartment 5plus
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 | $103.2k | $25.20 |
| − Vacancy | −$6.2k | −$1.51 |
| EGI | $97.0k | $23.69 |
| − OpEx | −$43.7k | −$10.66 |
| NOI | $53.4k | $13.03 |
4,096 SF · lease $25.20/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$762.3K
$667.1K – $889.4K
NOI $53,364 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$981.3K
$858.6K – $1.14M
NOI $68,690 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fully leased historic building with four one-bedroom, one-bath units plus a ground-level studio.
Where is this apartment building located?
The property is located at 1125 Saint Paul Street Baltimore, MD.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Historic building built in 1900 located in Mount Vernon (Baltimore City); Fully leased property with 4 one‑bedroom, 1‑bath apartments; Includes a cozy ground‑level studio unit in addition to the four apartments
