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1609 St. Paul St 4 Unit Apartment Building $590,000 ($147,500/Unit) Baltimore, MD 21202
Executive Summary
New price! Gem multifamily with 4 oversized units. There are 3 one-bedroom units and one basement studio. All are very large and some can possibly be converted to two-bedroom units . Live in one and rent the other units, or purchase an an investment property. The property was renovated in 2016, and retains it's historic charm. New TPO roof about 2 years old. The building sits directly across Amtrak's Penn Train Station, making your ride in/out of state a breeze. The station is slated for renovation and the addition of an urban shopping experience. There is a parking pad in the back for 2 cars. The property is under CHAP tax through 2027. Value add opportunity by raising the rents to reflect market. Listing agent has an interest in selling entity.
Property Facts
| Price | $590,000 | Lot Size | 0.04 AC |
| Price Per Unit | $147,500 | Building Size | 3,410 SF |
| Sale Type | Investment or Owner User | No. Stories | 4 |
| No. Units | 4 | Year Built/Renovated | 1900/2016 |
| Property Type | Multifamily | Parking Ratio | 0.71/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | commercial | ||
| Price | $590,000 |
| Price Per Unit | $147,500 |
| Sale Type | Investment or Owner User |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 3,410 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1900/2016 |
| Parking Ratio | 0.71/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | commercial |
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Exceptionally walkable
90/100
Very drivable
80/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0428-008 | Improvements Assessment | $176,400 |
| Land Assessment | $90,000 | Total Assessment | $266,400 |
Property Taxes
Parcel Number
0428-008
Land Assessment
$90,000
Improvements Assessment
$176,400
Total Assessment
$266,400
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1609 St. Paul St
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