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2924 Saint Paul St Baltimore, MD 21218

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For Sale
$1,100,000

Two buildings near Johns Hopkins University with rental upside.

Lot size:
0.14 Acres

Property Features for 2924 Saint Paul St

General Information

Property type
Commercial
Standard status
Active
Lot size
0.14 Acres

Building Details

Year built
1902

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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

Charles Village Multifamily Investment Opportunity

This offering includes eight apartments across two buildings on the same block, situated in Baltimore’s Charles Village neighborhood, just two blocks from Johns Hopkins University’s Homewood campus. The properties at 2924 and 2945 Saint Paul Street provide immediate scale in a reliable rental corridor driven by students, faculty, researchers, and medical professionals. A Johns Hopkins Shuttle stop is located two blocks south, offering free transportation to the Peabody Institute, Johns Hopkins Hospital and research facilities, and Bayview Medical Center. The portfolio offers potential for rent growth in one of Baltimore’s strongest rental corridors. Current rents present an opportunity for improvement as leases turn and align with market levels near Johns Hopkins University. Select kitchens at 2924 Saint Paul have been refreshed, and further interior improvements may support higher rents over time. Apartments feature laminate countertops, wood cabinetry, and gas ranges. Bathrooms include modern vanities with steel or cast-iron tubs and surrounds consisting of vinyl, fiberglass, or ceramic tile. Seven of the eight apartments have hardwood flooring in living areas, with one unit finished in laminate; kitchens feature vinyl flooring, and bathrooms are finished in vinyl or ceramic tile. Each property is heated by a gas-fired boiler with radiator distribution and served by central gas-fired water heaters. Electric service is separately metered with five electric meters at each building and two gas meters per property. The properties benefit from strong walkability, consistent tenant demand, and proximity to one of Baltimore’s largest employment anchors, near the Charles Village retail corridor and Wyman Park Dell.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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
-76.6162259
Latitude
39.3239399

FAQs

What type of property is this?
Apartment building - Two buildings near Johns Hopkins University with rental upside.
Where is this apartment building located?
The property is located at 2924 Saint Paul St Baltimore, MD.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: - Prime location: Two blocks from Johns Hopkins University's Homewood campus in Baltimore's Charles Village.; - Immediate scale: Portfolio of eight apartments across two buildings offered together.; - Rental upside: Opportunity for rent growth to align with prevailing market levels.
More about this property
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