Value add multi-family with 9 units near Johns Hopkins University

7 unit Milford Mill Professional Building in Reisterstown Rd Corridor

2800 N Calvert St Baltimore, MD 21218

Summary

Built - 1902

SF GBA - 3,942 SF

Avg Unit Size - 986 SF

Construction - Masonry

Gas and electric - Individually Metered

Land SF - 2,275 SF

Units - 9

Stories 4

# of Buildings - 1

Value add multi-family with 9 units near Johns Hopkins University

Nestled within the dynamic Charles Village neighborhood, adjacent to Johns Hopkins University, 2800 N Calvert in Baltimore presents itself as a notable three-story multi-family property. The strategic benefit of its close proximity to Johns Hopkins University, a well-regarded educational institution, significantly adds to its allure. This advantageous location positions the property to consistently attract potential tenants, ensuring a dependable occupancy rate and a steady stream of rental income.

This property emerges as a compelling investment opportunity; the combination of its strategic location and the potential for substantial returns makes it an attractive choice for savvy investors. Currently boasting 100% occupancy, a garage with two parking spaces offers potential increased income, and an on-site washer and dryer facility further enhances its appeal. With efficient management practices and strategic leasing enhancements, the property can increase rents by 100%.

This property stands out as an appealing option for investors seeking both stability and significant financial returns in this highly sought-after locale. Its historical charm, coupled with its advantageous position, makes it a promising investment for those looking to capitalize on the real estate market in the area.

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