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34351248

1125 Saint Paul Street, Baltimore, MD 21202 For Sale

Keller Williams Flagship of Maryland
Listed by Keller Williams Flagship of Maryland
$975,000
7 days on market
Updated 7 days ago

1125 Saint Paul Street

Details
Property Type Multifamily
Sub Type Student Housing, Single Family Rental Portfolio (+1)
Square Footage 4,096
Net Rentable (SqFt) 3,825
Units 5
Cap Rate 3.03%
NOI $29,520
Occupancy 100%
Tenancy Multi
Rent Bumps No
Pro-Forma Cap Rate 6.65%
Pro-Forma NOI $64,800
Price per SqFt $238
Class C
Year Built 1900
Year Renovated 2021
Acreage 0.090
Zoning OR-2
Parking Spaces 2 spaces
Parking per 1,000 SqFt 0.49
Investment Type Stabilized

100% Leased 3825 sq.ft. Rentable living Area

Marketing description

Welcome to 1125 Saint Paul St., a charming historic property located in the heart of Mount Vernon, one of Baltimore City’s most sought-after neighborhoods. This fully leased building features four spacious one-bedroom, one-bathroom apartments along with a cozy ground-level studio, offering a blend of classic character and modern urban living. Surrounded by cultural landmarks, dining, and vibrant city life, this well-maintained property presents an exceptional opportunity in a prime location.

Investment highlights

1125 Saint Paul St. presents a prime investment opportunity in the heart of Mount Vernon, Baltimore City. This historic, fully leased multifamily property features four one-bedroom, one-bathroom apartments along with a studio unit on the ground level, offering a stable and diversified income stream. With its classic architectural charm, strong tenant demand, and premier location in one of Baltimore’s most vibrant and culturally rich neighborhoods, this asset provides both immediate cash flow and long-term appreciation potential.

Listing Contacts

Keller Williams Flagship of Maryland
Listed by Keller Williams Flagship of Maryland

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$29,520.00
$2,460.00/mo

Valuation Metrics

0
DSCR
3.03%
Cap Rate
3.03%
ROI

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Additional Information

Name
Barry Hess
License
57933
Brokerage
Keller Williams Flagship
Brokerage Phone
410-729-7700
Title
Broker of Record
Brokerage Address
23 N Center St. Westminster, MD. 21157
Name
Derrick Rocco Dorkins
License
MD. 582374
Brokerage
Keller williams Flagship
Brokerage Phone
410-729-7700
Title
Listing Broker
Brokerage Address
23 North Center Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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