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About the Listing BFRI1 - 3099618
1816 Saint Paul Street presents a four-unit apartment building in Baltimore's Charles North neighborhood, ideally situated between Charles Village and Midtown. The property includes three one-bedroom apartments and one studio apartment with current rents already near market, allowing investors to acquire a property that performs today. The all-electric building is certified Lead-Free and features individually controlled heating and cooling in each apartment, on-site coin-operated laundry, and two rear off-street parking spaces with additional income potential. Owner-occupants may also find 1816 Saint Paul Street particularly attractive. Using the suggested 80% loan-to-value financing scenario, the rental income from the remaining three apartments totals $3,475 per month against a projected monthly PITI payment of approximately $2,771. Before operating expenses, this creates a projected monthly surplus of approximately $704, allowing an owner to offset a significant portion of their housing costs while building long-term equity. Located just three blocks from Penn Station, one block south of the Station North Arts & Entertainment District, and four blocks from the University of Baltimore, the property benefits from one of Baltimore's strongest rental corridors. Residents enjoy convenient access to public transportation, major employers, restaurants, entertainment, and higher education, supporting long-term rental demand. Whether purchased as an investment or owner-occupied asset, 1816 Saint Paul Street offers stable in-place income in a premier Midtown location.
Listing Highlights
Status
Active
Days on Site
21
Property Type
Multi-Family
MLS ®
MDBA2223382
Year Built
1890
Total Square Footage
2,397
Lot/Acreage
0.04
County
Baltimore City
School District
Baltimore City Public Schools
Interior Details
- Bedrooms: 3
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Heat Pump(s),Wall Unit
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2397
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 17' x 96'
- Zoning: OR-1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $3,908
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
1816 Saint Paul St Baltimore, MD 21202
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