$749,000

1115 N CALVERT STREET, Baltimore, MD 21202

  • 4 beds |
  • 4 baths |
  • 4,240 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $177/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Excellent investment opportunity in Baltimore’s desirable Mid-town Belvedere neighborhood, featuring a 4-unit multifamily property made up of four 1-bedroom units and a top-level studio with a full private bathroom. Private parking or street parking available. Currently generating $3,920/month from 3 occupied units, with one unit vacant in the process of renovation, this property offers strong current income with a clear path to value-add growth. With updates and market-rate adjustments, projected gross income can reach just under $8,000/month or more. The property is well-positioned near restaurants, convenience stores, and public transit, and offers close access to Penn Station, MICA, and the University of Baltimore, making it appealing to a broad tenant base. Whether you're a first-time investor or looking to expand your portfolio, this property presents a rare blend of existing cash flow and upside potential in a high-demand rental area. Seller is open to creative financing or purchase options, adding flexibility for investors looking to structure a deal that aligns with their goals—reach out today to learn more or schedule a private showing. Please be mindful as building is tenant occupied, advanced notice is required or showings.

Listing Status:
Active
Date Added:
June 4, 2025 at 05:00AM
Listing Office:
Cummings & Co. Realtors : 4108230033
Listing Agent:
Alexander Lee : 2408905855
MLS ID:
MDBA2165450
  • Basement: Fully Finished
  • Flooring: CarpetLuxury Vinyl PlankTile/BrickWood
  • A/C: Central A/CCeiling Fan(s)
  • Heating: YForced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Alexander Lee, Cummings & Co. Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Baltimore Montessori Public Charter School

1600 Guilford Ave, Baltimore, MD, 21202

Grades PK-8

0.36 miles away

B

Baltimore Design School

1500 Barclay St, Baltimore, MD, 21202

Grades 6-10

0.31 miles away

B

Baltimore Design School

1500 Barclay St, Baltimore, MD, 21202

Grades 6-10

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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