937 N Calvert St Baltimore, MD 21202

Located in Baltimore’s Mount Vernon neighborhood, this property offers a 12-unit opportunity near Penn Station, with access to Amtrak and MARC trains. The location is near the University of Baltimore, Maryland Institute College of Art, and Peabody Institute, as well as museums, restaurants, and performance venues like The Lyric and The Meyerhoff Symphony Hall. The property consists of six rented units and six gutted one-bedroom units, all fully licensed and separately metered. The six pre-existing apartment units at 939 North Calvert share a similar footprint and layout with 937 North Calvert. The kitchens in 937 North Calvert are equipped with electric ranges. Four units have laminate countertops and wood cabinets, while two have porcelain sinktops with metal cabinets. Bathrooms include steel tubs with ceramic tile or vinyl surrounds, along with modern vanities or wall-mounted sinks. Wood windows are throughout the building, with walls finished in plaster or wood paneling. Ceilings are plaster, suspended grid, or Celotex. Apartment 2R has 9″ x 9″ tile in the living area and kitchen; all other units feature a mix of laminate, parquet, and vinyl tile flooring. 939 North Calvert has been fully gutted to the studs due to fire damage. Emergency shoring has been completed with new star bolts installed. Party walls include fire emergency doors connecting 939 to 937, providing necessary egress between the buildings. The buildings share a 400-amp electric service with 13 meters. Units in 937 have fuse panels and are individually metered. One gas meter serves each building. Heat for 937 is provided by a central Columbia steam boiler with radiator distribution. Hot water for 937 comes from a central 75-gallon gas-fired water heater. Observable plumbing supply lines are copper, and observable drain lines are steel or PVC. Renovation of 939 North Calvert will require a full permitting process, installation of a sprinkler system, and a new Use & Occupancy certificate. The property may be eligible for CHAP tax credits, and a tax assessment appeal may be pursued based on the current condition of 939.