Property summary
This exceptional 9-unit apartment building, constructed in 1902, is a remarkable investment opportunity situated in Baltimore's vibrant Charles Village neighborhood. The property boasts a prime location directly adjacent to Johns Hopkins University, ensuring consistently high occupancy rates and strong rental income. Currently operating at 100% occupancy, this four-story building offers a mix of spacious studios and one-bedroom, one-bathroom units. Adding to its appeal is an on-site washer and dryer facility and a two-car garage, presenting potential for increased revenue streams. The property's strategic location offers easy access to major amenities, including Starbucks, Safeway, and University Market & Deli, all within walking distance. Its proximity to I-83, the University Parkway Transit Hub, and numerous bus stations provides excellent transportation links. Furthermore, the potential for significant rent increases (approximately 100%) presents a compelling opportunity for substantial returns. This historically charming building combines strong current performance with significant upside potential, making it an ideal investment for those seeking a stable and lucrative asset in a highly desirable location. The perpetual demand driven by the university's proximity ensures long-term stability and a consistent flow of tenants. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a sought-after Baltimore neighborhood.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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