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Executive Summary
1121 N. Calvert Street is a fully renovated, 8-unit multifamily asset located
in Baltimore’s Midtown Belvedere / Mount Vernon submarket. Formerly
two buildings consolidated into a single tax parcel, the property features
exceptionally large unit sizes relative to competitive product, driving strong
tenant demand and retention. The asset is stabilized with durable in-place
cash flow, minimal near-term capital requirements, and modest embedded
rental upside achievable through standard operations.
in Baltimore’s Midtown Belvedere / Mount Vernon submarket. Formerly
two buildings consolidated into a single tax parcel, the property features
exceptionally large unit sizes relative to competitive product, driving strong
tenant demand and retention. The asset is stabilized with durable in-place
cash flow, minimal near-term capital requirements, and modest embedded
rental upside achievable through standard operations.
Property Facts
| Sale Type | Investment | Building Size | 11,112 SF |
| No. Units | 8 | Average Occupancy | 88% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Mid-Rise | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.18/1,000 SF |
| Lot Size | 0.12 AC | ||
| Zoning | OR-2 | ||
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 11,112 SF |
| Average Occupancy | 88% |
| No. Stories | 4 |
| Year Built | 1900 |
| Tenancy | Single |
| Parking Ratio | 0.18/1,000 SF |
| Zoning | OR-2 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
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Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (96)
Bike Score®
Very Bikeable (77)
Property Taxes
| Parcel Number | 0498-008 | Improvements Assessment | $1,070,200 |
| Land Assessment | $313,600 | Total Assessment | $1,383,800 |
Property Taxes
Parcel Number
0498-008
Land Assessment
$313,600
Improvements Assessment
$1,070,200
Total Assessment
$1,383,800
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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1121 N Calvert St
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