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645 N Paca St Baltimore, MD 21201

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Pending
$425,000

Three updated units near University of Maryland and Peabody Institute.

Lot size:
0.03 Acres

Property Features for 645 N Paca St

General Information

Property type
Investment
Standard status
Pending
Lot size
0.03 Acres

Building Details

Year built
1920

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Listing Contact
Will A Cannon Iii
Will A Cannon Iii
Source: Elliman

Listing Agency: BEN FREDERICK REALTY, INC. Listing Agent: Will A Cannon Iii

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Seton Hill Triplex Near Institutions

Located in the heart of Seton Hill, this three-unit property offers residents a lifestyle defined by walkability, historic charm, and community engagement. The neighborhood is home to Saint Mary’s Park, and is known for its tree-lined streets, pocket parks, and engaged neighborhood association. The Seton Hill Association hosts regular events and is leading a new Neighborhood Master Plan to guide future investment. It’s a 15-minute walk to the University of Maryland Medical Center, and 10 minutes to the Peabody Institute, ensuring reliable rental demand from students, staff, and professionals. A 95 Walk Score and 100 Transit Score make daily life convenient and keep units consistently filled. Each of the three one-bedroom apartments offers a functional layout with individual gas and electric meters, in-unit laundry, and a mix of hardwood, vinyl plank, carpet, and tile flooring. Kitchens include 30” gas ranges, dishwashers, garbage disposals, and a variety of granite, laminate, or European-style counters and cabinets, with one kitchen recently updated. Unit 1 has access to a private brick patio, while Units 2 and 3 each feature rear wood decks. Two of the three apartments are Limited Lead-Free, reducing landlord risk, paperwork, and turnover costs. Strong rental demand from nearby institutions provides reliable cash flow, while the landlord’s current payment of water and public service electric creates a straightforward opportunity to bill back utilities and increase returns. With a prime location in an actively improving neighborhood, this three-unit property offers both immediate income and long-term value growth.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Baltimore
County
Baltimore
State
Maryland
Longitude
-76.6224098
Latitude
39.2967787

FAQs

What type of property is this?
Triplex - Three updated units near University of Maryland and Peabody Institute.
Where is this triplex located?
The property is located at 645 N Paca St Baltimore, MD.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: - High Walk Score (95) and Transit Score (100) ensure convenient living.; - Located near major institutions providing reliable rental income.; - Potential for increased returns by billing back utilities.
More about this property
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