Baltimore, MD 21202 1115 N Calvert Street N

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Presented By: Cummings & Co. Realtors
  • MLS# MDBA2155024
  • 04/24/2025
  • Request Tour
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  • SQFT • 2,618

Home Details

Excellent investment opportunity in Baltimores desirable Mid-town Belvedere neighborhood, featuring a 5-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 and rent-ready and another 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 goalsreach out today to learn more or schedule a private showing. Please be mindful as building is tenant occupied, advanced notice is required or showings.
Presented By: Cummings & Co. Realtors

Interior Features for 1115 N Calvert Street N

Other Interior Features

Central Air Y/NYes
FlooringCarpet, Luxury Vinyl Plank, Tile/Brick, Wood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 1115 N Calvert Street N

Acceptable FinancingCash, Conventional, FHA, Private, VA, Seller Financing
AccessibilityNone
Business TypeApartment Building
CityBALTIMORE
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C, Ceiling Fan(s)
CountyBALTIMORE CITY
DirectionsContinue to Baltimore. Take exit 53 from I-95 N, Continue on I-395 N/Cal Ripken Wy. Drive to N Calvert St, Continue onto I-395 N/Cal Ripken Wy, Use the right 2 lanes to turn slightly right onto W Conway
HeatingForced Air
Historic Y/NNo
Legal SubdivisionWard 11
Lot Size Square Feet2618.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-25T10:46:18
MunicipalityBaltimore City
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD, 61-90 Days CD, 90-120 Days CD, Immediate, Negotiable
Price Per Sq Ft Total AG205.77
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusComing Soon
StatusCOMING SOON
Tax Annual Amount10179.0
Tax Assessed Value431333.0
Tax Lot005
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningO-R-4

Exterior for 1115 N Calvert Street N

Building Area Total3640.00
Car Parking Spaces4
Land Assessed Value143900.00
Land Use CodeC
Lot Size Acres0.06
Lot Size SourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces4
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $749,000
MLS#MDBA2155024
List Date 04/24/2025
Property Type Coming Soon
Phone 703.929.4729
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