Mount Vernon Mixed-Use
For Sale
$1,149,000
825 N CHARLES Street, Baltimore, MD 21201
MULTI_FAMILY - Colonial - BALTIMORE, MD
Property Size7,240 SF
Lot Size0.06 Acres
Price / SF$158.70
Days on Market395
Property Features for 825 N CHARLES Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Elementary school district
BALTIMORE CITY PUBLIC SCHOOLS
Middle school district
BALTIMORE CITY PUBLIC SCHOOLS
High school district
BALTIMORE CITY PUBLIC SCHOOLS
Standard status
Active
Size
7,240 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
18938
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1900
Number of units
4
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Cummings & Co. Realtors
(410) 823-0033
Listed By:
Thomas B Maley · License #656646
(410) 274-3326
Added: Jul 4, 2025
Changed: Jun 9
Last Checked: Aug 2 at 4:06AM
MLS# MDBA2174430
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in the Mount Vernon neighborhood, this four-story mixed-use property at 825 North Charles Street offers a solid investment opportunity. The building has a total area of 7,240 square feet and sits on a 0.057-acre lot. The property features eight units, including five one-bedroom, one-bathroom apartments, two two-bedroom, one-bathroom apartments, and one commercial space on the ground floor. The commercial space is currently occupied by a clothing retailer. The apartments have been newly renovated and feature high ceilings and large windows, granite counters, hardwood floors, designer cabinets, built-in microwaves, dishwashers, and stainless steel appliances. Each unit also includes a stackable washer/dryer and central HVAC. The property is conveniently located near top restaurants, fantastic shopping, The Peabody Institute of Johns Hopkins University, and several renowned medical centers.
Key Highlights
- Fully occupied, renovated mixed‑use building in historic Mount Vernon.
- Eight units: (5) 1 Br‑1 Ba, (2) 2 Br‑1 Ba apartments, and (1) commercial space.
- Newly renovated apartments feature granite counters, hardwood floors, designer cabinets, and stainless steel appliances.
Financial Insights For Retail
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 | $156.4k | $21.60 |
| − Vacancy | −$10.0k | −$1.38 |
| EGI | $146.4k | $20.22 |
| − OpEx | −$43.9k | −$6.07 |
| NOI | $102.5k | $14.15 |
7,240 SF · lease $21.60/SF/yr · vacancy 6.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.46M
$1.28M – $1.71M
NOI $102,474 @ 7.0% cap · market cap 8.92%
Second Best
Mixed Use
$1.43M
$1.25M – $1.67M
NOI $99,912 @ 7.0% cap · market cap 8.70%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,415 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
6,014
Businesses Nearby
Explore this area
Business Placement
Demographics for 21201, MD
18,382
Population
11,468
Households
1.6
Avg Household Size
34
Median Age
47%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
14,140
Density / Sq Mi
$44,722
Median Household Income
$44,239
Median Earnings
$1,282
Median Rent
$221,900
Median Home Value
Market
Properties on Market for Mixed-use properties in Baltimore
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied, renovated mixed-use property in historic Mount Vernon.
Where is this mixed-use property located?
The property is located at 825 N CHARLES Street Baltimore, MD.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Fully occupied, renovated mixed‑use building in historic Mount Vernon.; Eight units: (5) 1 Br‑1 Ba, (2) 2 Br‑1 Ba apartments, and (1) commercial space.; Newly renovated apartments feature granite counters, hardwood floors, designer cabinets, and stainless steel appliances.
