Rehab Opportunity Apartment
937-939 N Calvert St Baltimore, MD 21202
New
937-939 N Calvert St, Baltimore, MD, 21202
$525,000
For Sale
$525,000
Five-unit and one-unit mix apartment property with six total apartments, including units described as shell condition.
Days on Market3
Property Features for 937-939 N Calvert St
General Information
- Standard status
- Active
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing agency
Harbor Stone Advisors
Listed by
Justin Verner · License #630799
Source
Commercialcafe
Added: Jul 20 Updated: Jul 21 at 7:30PM Checked: Jul 22 at 4:41AM
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Investment Insights
Based on property information with market context.
937-939 N Calvert St is a historic Mount Vernon multifamily property consisting of six apartments, with a mix of (5) 1-bedroom, 1-bath units and (1) 2-bedroom, 1-bath unit. The typical unit finishes described include white appliances, wood cabinets, laminate countertops, and laminate/parquet/tile flooring. One portion of the property is described as (6) 1-bedroom, 1-bath apartments in shell condition, presenting a rehab and build-out opportunity for a new owner.
The property is in Baltimore City’s Mount Vernon neighborhood and is described as within walking distance of retail and entertainment. University of Baltimore is noted as about two minutes away, and the University area near MICA and Peabody is described as nearby. Penn Station is described as about a 15-minute walk, and a LightRail Station is described as less than a half-mile away.
As outlined in the offering remarks, the opportunity includes renovating units at 937 N Calvert and building out units at 939 N Calvert. The work described for 939 N Calvert includes suggested scopes such as stainless steel appliances, granite countertops, updated cabinets and bathrooms, and LVT flooring. The offering also states the work at 939 N Calvert would be eligible for the 10-year CHAP tax credit.
The property is in Baltimore City’s Mount Vernon neighborhood and is described as within walking distance of retail and entertainment. University of Baltimore is noted as about two minutes away, and the University area near MICA and Peabody is described as nearby. Penn Station is described as about a 15-minute walk, and a LightRail Station is described as less than a half-mile away.
As outlined in the offering remarks, the opportunity includes renovating units at 937 N Calvert and building out units at 939 N Calvert. The work described for 939 N Calvert includes suggested scopes such as stainless steel appliances, granite countertops, updated cabinets and bathrooms, and LVT flooring. The offering also states the work at 939 N Calvert would be eligible for the 10-year CHAP tax credit.
Key Highlights
- 937‑939 N Calvert built in 1900 in Baltimore City’s Mount Vernon neighborhood.
- 6 total apartments: (5) 1BR‑1BA and (1) 2BR‑1BA across 937 N Calvert and 939 N Calvert.
- 939 N Calvert units are listed as in shell condition, offering a renovation and build‑out opportunity.
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FAQs
What type of property is this?
Apartment building - Five-unit and one-unit mix apartment property with six total apartments, including units described as shell condition.
Where is this apartment building located?
The property is located at 937-939 N Calvert St Baltimore, MD.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 937‑939 N Calvert built in 1900 in Baltimore City’s Mount Vernon neighborhood.; 6 total apartments: (5) 1BR‑1BA and (1) 2BR‑1BA across 937 N Calvert and 939 N Calvert.; 939 N Calvert units are listed as in shell condition, offering a renovation and build‑out opportunity.
