This Multifamily Property is Off-Market.

1010 St. Paul Street
Baltimore, MD 21202 ·

153 Units · Multifamily For Sale

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St. Paul Regency Apartments

Price N/A Cap Rate 9%
No. Units 153 Gross Rent Multiplier 5.50
Building Size 120,000 SF Occupancy 100%
Property Type Multifamily Year Built 1954
Property Sub-type Mid/High-Rise Lot Size 0.70 AC
Property Use Type Investment
Listing ID: 13434860 Date Created: 03/16/2002 Last Updated: 11/09/2002

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.

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

Research

1010 St. Paul Street, Baltimore, MD 21202 (Baltimore City County)

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