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1 W 27th Street

Baltimore, MD 21218

– beds
– baths
2,178 sqft
1,200 sqft lot
$151 per sqft
1900 build

Elevate your investment portfolio with these prime apartments located just three blocks from Johns Hopkins University Homewood Campus. With a high demand for rentals from students and faculty, this property offers an exceptional opportunity to upgrade the units and significantly increase rents. Situated in the desirable Charles Village, investors can benefit from long-term wealth growth and property appreciation. Don’t miss out on this lucrative chance to capitalize on a thriving rental market! Opportunity is calling for a new owner to upgrade apartments and increase rents at 1 West 27th Street. Located just three blocks from Johns Hopkins University Homewood Campus, enjoy the stable growth and property value appreciation guaranteed by this world-renowned institution. Each floor houses an apartment. Kitchens feature sturdy, easy-to-clean laminate counters, a mix of laminate and wood cabinets, and a mix of 30″ electric and 20″ gas ranges. Sunny, well-lit living spaces could benefit from upgrades such as kitchen and bathroom improvements, drywall ceilings, and new flooring and paint. Rents could be substantially increased, to match an uptick in apartment grade. Heat is provided through a gas-fired Weil-McLain steam boiler, with radiator distribution. A gas-fired 50-gallon GE water heater provides hot water to the units. 1 West 27th Street has one electric meter with 200-amp service, and one gas meter. Currently the landlord pays for electric, gas, and water/sewer. A savvy landlord could increase cash flow by passing these costs along to the tenants. Observable interior water supply pipes are copper, with a steel main. Drain lines are pvc. Vinyl replacement windows help to insulate the building and reduce utility costs. The roof is built-up. Tenants share a clothes washer/dryer in the basement. Tenants can walk to the Charles Village Shopping District, Johns Hopkins University Homewood Campus and Wyman Park, a 16-acre public park by the Baltimore Museum of art. Just one blocks east is the Hopkins Shuttle Stop, providing an easy commute to Hopkins’ other Baltimore campuses. 1 West 27th Street earns the designation “Walker’s Paradise” with a WalkScore of 92, a TransitScore of 76, and a BikeScore of 87. This block is served by the Charles Village Benefits District. This nonprofit organization helps keep the district clean, organizes security patrols, and hosts community events.

Listing courtesy of BRIGHT / Ben Frederick Realty, Inc.

Last checked: Checking… • Last updated Oct 30, 2024 •

MLS# MDBA2133466 —

The Building

Year Built:

1900
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Structure Type:

End of Row/Townhouse
Architectural Style:

Converted Dwelling
Building Units Total:

3
Accessibility Features:

None
Foundation Details:

Stone
Total SqFt Source:

Assessor
Total Below Grade SqFt:

804
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2178

Interior

Fireplace:

No
Wall & Ceilings:

Plaster Walls
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2982
Living Area SqFt:

2,178 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement, Subject to Existing Lease

Location

Directions:

GPS
Cross Street:

Charles Street
Latitude:

39.32041000
Longitude:

-76.61767000

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.03
Lot Size Source:

Estimated
Lot Size Dimensions:

15' x 80'
Lot Dimensions Source:

Estimated
Lot SqFt:

1,200 Sqft
Inclusions:

3 gas ranges; 1 clothes washer & 1 clothes dryer
Exclusions:

tenants' possessions excluded
Zoning Description:

Licensed for 3 Dwelling Units.
Zoning:

OR-2
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

R
Ground Rent Exists:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

0312033637 022
Tax Year:

2024
Tax Lot:

022
Tax Annual Amount:

$4,777
Tax Assessed Value:

$202,400
Year Assessed:

2024
County Tax:

227.00
City/Town Tax:

4550.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Radiator
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Baltimore City Public Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

Charles Village
Pool:

No Pool

Parking

Total Garage and Parking Spaces:

1
Garage:

No
Type of Parking:

Off Street
Off Street - # of Spaces:

1

Extra Units

Vacation Rental:

No
One Bedroom Units:

2
Two Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
10/30/24 Oct 30, 2024	Price Changed	BRIGHT	$329,000	-4.6%
7/22/24 Jul 22, 2024	Listed / Active	BRIGHT	$345,000

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This multifamily located in Northern Baltimore, Baltimore, MD 21218 is currently for sale for $329,000. 1 W 27th Street is a 2,178 square foot multifamily with – beds and – baths. 1 W 27th Street is in the Northern Baltimore neighborhood of Baltimore and has a WalkScore® of 93, making it a walker’s paradise. This multifamily is in the attendance area of Stadium School, Benjamin Franklin High School At Masonville Cove, Booker T. Washington Middle School, Patterson High School, Digital Harbor High School, Augusta Fells Savage Institute Of Visual Arts, Vivien T. Thomas Medical Arts Academy, Forest Park High School, Frederick Douglass High School, and Reginald F. Lewis High School.

Listing Courtesy of: BRIGHT and Ben Frederick Realty, Inc..

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.