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1724 Saint Paul StreetBaltimore, MD 21202Price: $2,250,000

  • Price: $2,250,000
  • 75 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $2,250,000List Price

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ASSUMABLE DEBT! ATTENTION INVESTORS! 3 PROPERTY PORTFOLIO SALE TOTALING 14 APARTMENTS, 1 OFFICE, 1.15MM ASSUMABLE DEBT 3.75% INTEREST PLUS TRANSACTION COSTS FOR QUALIFIED BUYERS! DEBT RESETS Q4 2025 AT 5 YEAR INTERVALS. LOAN MATURITY 2050. FULLY OCCUPIED AND PROFESSIONALLY MANAGED. PROPERTY DETAILS: *****108 W. Saratoga Street is an 8-unit building containing 7 apts and 1 office located in the central business district of Baltimore City close to historic Mt. Vernon and the central corridors of Charles St and Saint Paul St. The units consist of a mix of a one and two bedroom units, and a commercial space currently used as maintenance storage. The building was completely renovated top to bottom in 2018. Features include all new plumbing, electric, HVAC, windows, and more. The interiors of the units include central AC, upgraded kitchens with granite and stainless steel appliances, new hardwood flooring, washer/dryers and more. There are 5 parking spaces with the building and the property is close to all amenities. About 5 years remain on the Chap tax Credit. Major bus lines including the purple line of the circulator travel through the neighborhood. A mix of office, retail, and residential, the central business district is home to a variety of institutions and close to the Johns Hopkins University, Walters Art Museum, University of Baltimore, Maryland Historical Society, Maryland Institute College of Arts, CFG Arena, and more. *****2121 Saint Paul Street is a historic 3 unit building with large 2 bed 1 bath apartments. The building was given a facelift renovation in 2016 with new kitchens, bathrooms, flooring, paint, the addition of washer dryers, and more. The high demand for affordable housing in the area along with its fantastic proximity to local transit and local universities such as Johns Hopkins and Maryland College for the Arts (MICA) just down the street make this a popular rental for young professionals and students. The property is positioned for long term appreciation given the location and unit sizes, and the trajectory of the neighborhood. *****1724 Saint Paul Street is a historic 4 unit building with (3) 1 bed 1 bath apartments, and a large 2-level, 3 bed 3 bath apartment. The building was gut renovated in 2017 with all new plumbing, electric, kitchens, bathrooms, flooring, paint, the addition of washer dryers, hardwood flooring, and more. The high demand for affordable housing in the area along with its fantastic proximity to local transit such as Penn Station, and local universities such as Johns Hopkins and Maryland College for the Arts (MICA) just down the street make this a popular rental for young professionals and students. About 5 years remain on the Chap Tax credit. Agent is part of ownership entity.

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Listed by Timothy J Klempa of Permira Realty,LLC

Copyright 2024 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Next Step Realty | W Home Group participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated February 20, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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