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32950069
32949968

30 East 25th Street, Baltimore, MD 21218

WC
MD, MD 649854
Ben Frederick Realty
Ben Frederick Realty
Listed by Ben Frederick Realty
$475,000
11 days on market
Updated 11 days ago

30 East 25th Street

Details
APN Block 3831, Lot 030
Property Type Multifamily, Retail
Sub Type Apartment Building, Storefront
Square Footage 3,135
Cap Rate 9.20%
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 9.20%
Pro-Forma NOI $43,694
Price per SqFt $152
Class B
Year Built 1900
Buildings 1
Zoning C-1. Licensed for 4 Dwelling Units
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple

Charles Village Mixed-Use | 4 Apartments + 2 Commercial Suites

Marketing description

30 East 25th Street is a six-unit mixed-use investment property located along the East 25th Street commercial corridor in Baltimore’s Charles Village neighborhood. The property includes four residential apartments and two commercial suites, creating diversified income through a combination of apartment and street-level commercial tenancy.

Priced at $79,167 per unit and $152 per square foot, the offering presents a lower-basis entry point into one of North Baltimore’s most recognizable mixed-use corridors. Current operations project a 9.20% cap rate and 10.4% cash-on-cash return at market rents, supported by residential demand and commercial visibility along 25th Street.

The residential component consists of two one-bedroom apartments and two studio apartments. Kitchens feature laminate counters, wood cabinetry, stainless steel sinks, 30-inch electric ranges, and built-in microwaves. Bathrooms include modern vanities, steel tubs, and ceramic tile surrounds. The one-bedroom apartments each include stacked washers and dryers.

The commercial suites offer flexible layouts suited for office, retail, studio, or service-oriented users. Suite 101 features hardwood flooring, while the lower-level suite has laminate flooring. Each commercial suite is tenant fit-out and includes a half-bath.

The building is configured as an all-electric asset with separate systems serving the residential and commercial spaces. Each unit and suite has an individual electric heat pump with central air conditioning and its own electric water heater. Seven electric meters serve the property. The landlord currently pays public service electric and water and sewer, with potential to implement water bill-back practices to improve operating efficiency.

Positioned along Baltimore City’s 25th Street corridor—known as part of the city’s “Black Wall Street” commercial district—30 East 25th benefits from steady pedestrian activity, neighborhood retail, and strong visibility. Johns Hopkins University’s Homewood Campus sits approximately five blocks north, supporting residential leasing demand and neighborhood activity. The property carries a Walk Score of 96, Transit Score of 80, and Bike Score of 85, supporting both residential and commercial tenancy.

Investment highlights

  • $475,000 in Fee Simple
  • $79,167 Per Unit
  • $152 Per Sq. Ft.
  • 6 Units in Charles Village
  • 2 One-Bedroom Apartments, 2 Studio Apartments, 2 Commercial Suites
  • Cap Rate: 9.20%
  • GRM (actual): 7.2
  • GRM (market): 6.4
  • NOI: $43,694

Listing Contacts

WC
MD, MD 649854
Ben Frederick Realty
Ben Frederick Realty
Listed by Ben Frederick Realty

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