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

7-unit Milford Mill Professional Building – a prime multi unit property for sale in the Reisterstown Rd Corridor.

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 multi unit property for sale. This three-story multi-family property benefits strategically from its close proximity to Johns Hopkins University, a well-regarded educational institution, significantly adding 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 multi unit property for sale 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.

Multi unit property for sale in Baltimore
property for sale in Baltimore

- INVESTMENT HIGHLIGHTS -

  • Perpetual demand due to proximity to universities.
  • Potentially increase rents by approximately 100%.
  • A garage with two parking spaces offers potential for increased income.
  • Potentially increase rents by approximately 100%.
  • Mix of large studios and 1-bed / 1-bath units.
  • 100% Current occupancy.
  • Walking distance to Starbucks, Safeway, University Market & Deli.
  • On-site washer and dryer facility.
  • Mix of large studios and 1-bed / 1-bath units.

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- Location Map -

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