2106 SAINT PAUL ST, Baltimore, MD 21218
2106 SAINT PAUL ST, Baltimore, MD 21218
2106 SAINT PAUL ST, Baltimore, MD 21218
28
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Listed by Yaakov Kanevsky • Midfield Realty
$770,000
Est. payment /mo
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3,480 SqFt
Active

2106 SAINT PAUL ST Baltimore, MD 21218

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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,480 sqft

Price per Sqft $221

MLS Listing ID MDBA2191596

Style Other

Abv Grd Liv Area 3,480

Year Built 1883

Annual Tax Amount $9,894

Tax Year 2025

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

2106 St. Paul Street is a fully occupied 7-unit multifamily asset offering a stable and predictable income profile over a five-year hold. Gross rental income is projected to increase from $103,979 in Year 1 to $121,640 by Year 5, based on a conservative 4% annual rent growth assumption. Operating expenses are expected to rise from $41,592 to $48,656, while Net Operating Income increases from $62,387 to $72,984. Over this period, the capitalization rate improves from 8.10% to 9.48%, highlighting the property's durability and income growth potential.

The seller is offering attractive seller financing, allowing buyers to reduce upfront capital requirements, improve cash-on-cash returns, and secure more flexible terms than traditional financing—materially enhancing overall deal economics.

The property includes coin-operated laundry for additional income and rear parking slots available, providing operational and revenue benefits.

Located in Charles Village, the property has a Walk Score® of 96, indicating that most daily services and amenities are accessible on foot, with proximity to public transportation and established commercial corridors.

Location

State MD

County Baltimore City

Zoning R-8

Rooms

Basement Other

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Other

Flooring Hardwood

Equipment Oven/Range - Gas, Refrigerator

Fireplace N

Appliance Oven/Range - Gas, Refrigerator

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Built-Up

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 3480

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0312083810 033

Ownership Other

SqFt Source 3480

Security Features Intercom

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

Franco Grisafi

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2106 SAINT PAUL ST