2318 CHARLES STREET, Baltimore, MD 21218

A rare mixed-use portfolio for sale consisting of four connected buildings featuring 5 commercial spaces, 14 licensed apartments, and 1 additional unlicensed carriage house apartment with an attached garage. The residential mix is primarily one-bedroom units, with additional two-bedroom and one-bedroom-with-den layouts. The property has been under the same ownership for approximately 50 years with limited capital improvements, contributing to deferred maintenance and below-market residential rents.

The buildings total approximately 82 feet of frontage along North Charles Street in Old Goucher, providing street presence within a commercially active corridor. North Charles Street offers direct connectivity from Towson through Baltimore City into South Baltimore. The area is positioned near Charles Village, Station North, Remington, and Mount Vernon. The commercial tenancy includes longstanding occupants, with 80% of commercial tenants reported as occupying the property for more than 20 years.

This configuration is best suited to investors seeking scale in a mixed-use setting and willing to address deferred maintenance. The existing setup supports a value-add approach through bringing residential units toward market rents, renovating units over time, and re-leasing available commercial spaces. Over the long term, the large footprint with street frontage may also appeal to buyers considering more comprehensive property improvements.