Historical Multifamily Sale Listing - St. Paul Regency Apartments

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St. Paul Regency Apartments

1010 St. Paul Street, Baltimore, MD 21202

N/A

153 Units | Multifamily

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St. Paul Regency

Multifamily Property - Off Market

Price:
N/A
No. Units:
153
Building Size:
120,000 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Cap Rate:
9%
Gross Rent Multiplier:
5.50
Occupancy:
100%
Year Built:
1954
Lot Size:
0.70 AC
Listing ID
13434860
Last Updated
over 1 year ago

Highlights

  • Below Market Rents Allow UPSIDE POTENTIAL
  • Walking distance to Baltimore's Inner Harbor
  • Close to Johns Hopkins, Mercy Hospital, Univ of Baltimore & Penn Station
  • 1 Bedroom & 2 Bedroom Apartments have Balconies
  • Tenant pays for Electric & Heat
  • Onsite Fitness Center, Laundry Facility, Florist & Coffee Shop
  • Onsite Parking

Description

It is a 10 storied building with a brick exterior and 22 onsite parking spaces. Most apartments have parquet (hardwood) floors with individually controlled AC/Heat. 1BR & 2BR have balconies. Fitness Ctr, Florist, Hair Salon & Coffee Shop onsite. The tenants pay for electricity & heat. Landlord pays for cooking gas & water. Very stable neighborhood. Below market rents.

Located in the Historic Mt. Vernon District of Baltimore City it is within walking distance to Baltimore's famed Inner Harbor, CBD, Walter's Art Gallery, Meyerhoff Symphony Hall, Peabody Music Conservatory, Baltimore Penn Station, Univ. of Baltimore and Mercy Hospital. Easy access to Jones Falls Expwy (I-83) & I-95.

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