2807, North Calvert Street, Charles Village, Baltimore, Maryland, 21218, United States
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Multiple offers. Sold to an owner-occupant buyer.
This well-maintained apartment building houses an efficiency, a 1-bedroom, and a 3-bedroom apartment. 2807 Calvert is equipped with central heating and air conditioning, updated kitchens and bathrooms, and many other upgrades. Perfect for an investor, an owner-occupant purchaser, or as housing for Hopkins roommates.
Kitchens in apartments 2 and 3 have modern appliances including dishwashers, garbage disposals, built-in microwaves, and 30″ ranges. Sturdy laminate countertops and ceramic tile flooring make for easy cleanup. Apartment 1 has an efficiency kitchen, with a porcelain sink top and 20″ range. Bathrooms have modern vanities and ceramic tile floors.
Living areas feature hardwood floors, vinyl replacement windows, and recessed lighting. Walls and ceilings are a mix of plaster and drywall. Apartment 2 has a bump-out addition, which increases its size and exposes some brick for a chic modern look.
2807 N Calvert has one gas meter and one electric meter. The landlord bills back the tenants to cover 100% of these utilities plus the water/sewer charges; so, the landlord incurs no utility expenses.
The water main and observable supply lines are copper; drain lines are pvc. 150 amp electric service. A gas-fired 50-gallon 2007 Maytag water heater provides hot water; a gas-fired Ducane furnace and paired air conditioning unit provide heating and cooling.
Tenants utilize the shared clothes washer & dryer in the basement.
Tenants can walk to the Charles Village Shopping District, Johns Hopkins University Homewood Campus and Wyman Park. Just one block to the South-West is the Hopkins Shuttle Stop, providing an easy commute to Hopkins’ other Baltimore campuses. 2807 N Calvert St earns the designation “Walker’s Paradise” with a WalkScore of 90, and a TransitScore of 58. This block is patrolled by Hopkins campus security, and is served by the Charles Village Benefits District. This nonprofit organization helps keep the district clean, organizes security patrols, and hosts community events.
$520,000 $173,333 Per Unit $189 Per Sq. Ft. 9.4 Times Market Rent (GRM) 8.06% Cap Rate 13.0% Projected Cash-on-Cash Return
Unless and until there is a written Buyer-Broker Agency Agreement signed with a prospective Buyer, then Ben Frederick Realty, Inc., Ben Frederick Realty, Inc. represents the Seller. Please click here to download the Maryland Real Estate Commission form “Understanding Whom Real Estate Agents Represent”.
Owning a home is a keystone of wealth… both financial affluence and emotional security.Suze Orman