1815 St Paul Street
Baltimore, MD 21202
$550,000
Price
—
Beds
2,758 Sq. Ft.
$199 / Sq. Ft.
2,758
Sq. Ft.
$199
per Sq. Ft.
Description
Generate $4,579 per month, $54,948 per year! Don’t miss this incredible investment opportunity in the vibrant Station North neighborhood of Baltimore City, just 1.8 miles north of the Inner Harbor! 1815 Saint Paul St is a nicely remodeled, zoned 5-unit building that flaunts an impressive 2,758 finished square feet, (1) studio apartment, (3) 1-bedroom apartments, and (1) 2-bedroom apartment, and generates a robust $4,579 in monthly rent. Two units are leased to residents of the Housing Choice Voucher...Generate $4,579 per month, $54,948 per year! Don’t miss this incredible investment opportunity in the vibrant Station North neighborhood of Baltimore City, just 1.8 miles north of the Inner Harbor! 1815 Saint Paul St is a nicely remodeled, zoned 5-unit building that flaunts an impressive 2,758 finished square feet, (1) studio apartment, (3) 1-bedroom apartments, and (1) 2-bedroom apartment, and generates a robust $4,579 in monthly rent. Two units are leased to residents of the Housing Choice Voucher Program; the other three units are leased to cash-paying tenants. This property boasts high rents, no delinquency (as of 12/9/2024), written leases, lead certificates, and a 5-unit rental license. The building has five gas meters (one for each unit) and six electric meters (one for each unit and one for the common area). Each unit has its own gas furnace. Residents are responsible for their own BGE accounts. The water bill is paid by the owner. Some tenants are responsible for paying a monthly water fee, which totals $125 per month across all units. Maximize returns by renting the two rear parking spots! What are you waiting for? Add this one to your rental portfolio today! There is a Special Benefits Tax in this neighborhood. The current cost for the year for this property is $427.63. The Special Benefits Tax is a surcharge which covers additional safety and sanitization efforts for the area.
- Listed by Jamie L Koehler • Cummings & Co. RealtorsP: (443)-604-5875 jamie.koehler@cummingsrealtors.com
Property Details for 1815 St Paul Street
Tax ID Number
0312090390 008
OwnershipGround Rent
Structure TypeEnd of Row/Townhouse
StyleFederal
WaterfrontNo
ViewsCity
GarageNo
Expected On Market Date12-12-2024
LISTING UPDATED: 12/16/2024 11:49 AM
Property Details for 1815 St Paul Street
| Status | Active |
|---|---|
| MLS # | MDBA2147976 |
| Days on Market | 6 |
| Taxes | $7,646 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Ground Rent |
| Year Built | 1890 |
| Lot Size | 0.00 AC / 0 SF |
| County | Baltimore Independent City |
Building Information for 1815 St Paul Street
Stories-Residences1Year Built1890Building Size-Lot Size0.00 AC / 0 SF
Property Information for 1815 St Paul Street
Location
Location
- In City Limits: Yes
- School District Name: BALTIMORE CITY PUBLIC SCHOOLS
- School District County ID: 121137830454
- SchoolDistrictSource: Listing Agent
- County: BALTIMORE CITY
Waterfront / Water Access
Waterfront / Water Access
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
- Elevator Use Fee: $0
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2024
- Tax Assessed Value: $323,967
- Year Assessed: 2024
- County Tax: $363
- Improvement Assessed Value: $196,100
- City Town Tax: $7,283
- Land Assessed Value: $90,000
- Special Assessment Pymnt: Annually
- Clean Green Assessed: No
- Land Use Code: R
- Section: 09
- Zoning: OR-1
- Tax Lot: 008
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
- Owner Pays: Water, Taxes - Real Estate
Unit Information
Unit Information
- Single Room Units Count: 1
- One Bedroom Units Count: 3
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 0
- Units Furnished: None
- Units Leased Count: 5
- Number Of Units Vacant: 0
Financial Information
Expenses
- Income Expense List: Annual Ground Rent
Financial Information
- Annual Rental Income: $54,948
Building Info
Building Info
- Building Units Total: 1
- Total Finished SQFT: 2,758.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 2,758.00
- Total SQFT: 3,780.00
- Total SQFT Source: Assessor
- Construction Materials: Brick
- Wall and Ceiling Types: High
- Flooring Type: Ceramic Tile, Partially Carpeted, Luxury Vinyl Plank
- Basement Type: Connecting Stairway, Daylight, Partial, Interior Access, Unfinished
- Foundation Details: Other
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Source: Estimated
- Lot Features: Corner
- Location Type: Corner Lot/Unit
- Parcel ID: 12953029
- Ground Rent Exists: Yes
- Ground Rent Amount: $170
- Ground Rent Payment Frequency: Annually
- Capitalized Value-Ground Rent: $0
Parking
Parking
- Type Of Parking: Off Street
- Off Street - # of Spaces: 2
- Parking Features: Concrete Driveway, Parking Space Conveys, Private
Interior Features
Interior Features
- Interior Features: Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Kitchen - Galley, Kitchenette, Upgraded Countertops
- Fireplace: No
- Appliances: Built-In Range, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Dryer, Built-In Microwave
- Accessibility Features: None
- Security Features: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
- Door Features: Six Panel
Exterior Features
Exterior Features
- Exterior Features: Exterior Lighting, Street Lights, Gutter System, Sidewalks, Fire Escape
- Outdoor Living Structures: Deck(s)
- Pool: No Pool
Utilities
Utilities
- Heating: Yes
- Cooling Type: Window Unit(s)
- Cooling Fuel: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
Confidential Data
Listing Office
- List Agent AOR: Greater Baltimore Board of REALTORS
Property History for 1815 St Paul Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1815 St Paul Street
Taxable ValueLand-Additions-Total-
Tax Record2023$7,199 ($600 / month)
Home Facts
Beds0Baths4Total Finished SqFt2,758 SqFtAbove Grade Finished SqFt2,758 SqFtStories3Lot Size2,074 SqFtStyleTownhouseYear Built1890ZoningOR-1CountyBALTIMORE CITYAPN12-09-0390 -008Fireplace TypeHas Fireplace
Schools near 1815 St Paul Street
This home is within Baltimore City Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Dallas F. Nicholas Sr. Elementary School PublicPK to 5 | ||
Booker T. Washington Middle School Public6 to 8 | ||
Augusta Fells Savage Institute Of Visual Arts Public9 to 12 | ||
Vivien T. Thomas Medical Arts Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Greenmount West
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Cummings & Co. Realtors
© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/16/2024 11:49 AM