2106 Saint Paul Street
Baltimore, MD 21218
- – beds
- – baths
- 3,480 sqft
- $286 per sqft
- 1883 build
2106 St Paul St is a seven-unit multifamily property built in 1883, offering a blend of historic charm and income-producing potential. The property features original hardwood flooring, a first-floor balcony, and a basement patio, enhancing its tenant appeal. A coin-operated laundry in the basement provides an additional revenue stream, while a storage area within the building offers potential for further income. The property also includes one on-site parking space, which could be rented for additional earnings. With energy-efficient appliances and LED lighting, the property benefits from lower operational costs. Location Highlights This property is situated in Charles Village, a well-connected area with easy access to shopping, entertainment, healthcare, universities, and major commuter routes. Safeway (0.3 miles) and Save A Lot (0.2 miles) provide nearby grocery options. Public transit is easily accessible with bus routes along St. Paul St and North Ave, and the Penn Station MARC & Amtrak train station is just 0.8 miles away, providing direct rail connections. Major cultural attractions like Charles Theatre (0.9 miles), Parkway Theatre (0.8 miles), and Centre Theatre (0.7 miles) are nearby. The property is also 0.6 miles from MedStar Union Memorial Hospital and 1.8 miles from Johns Hopkins Hospital. Additionally, Johns Hopkins University (0.9 miles) and The University of Baltimore (1 mile) are within close proximity, making this an attractive rental location for students and faculty. Financial Highlights Market comparables indicate that one-bedroom units can achieve $1,300 per month, creating strong upside potential. With minimal upgrades and strategic rent increases, the property can reach a 7.2% cap rate by the end of Year 1. Currently, all utilities are paid by ownership, but there is an opportunity to separate metering in the future or to implement a RUBS system to reduce expenses. Additional income potential exists through storage rental and parking lease opportunities.
Last checked:
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Last updated Feb 19, 2025
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MLS# MDBA2156702 —
The Building
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Year Built:1883
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Brick
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Building Units Total:1
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Structure Type:Interior Row/Townhouse
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Architectural Style:Other
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Accessibility Features:None
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Foundation Details:Other
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Basement:Yes
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Basement Type:Other
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Total SqFt Source:Assessor
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Total Below Grade SqFt:1160
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3480
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:4640
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Living Area SqFt:3,480 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:0-30 Days CD
Location
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Directions:Please use GPS
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Latitude:39.31357000
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Longitude:-76.61532000
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Zoning:R-8
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (410) 498-5408
- Office phone:
- (410) 498-5408
Taxes
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Tax ID Number:0312083810 033
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Tax Year:2025
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Tax Annual Amount:$8,968.78
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Tax Assessed Value:$380,033
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Year Assessed:2025
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County Tax:426.00
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City/Town Tax:8543.14
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Other
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Oven/Range - Gas, Refrigerator
Schools
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School District Name:Baltimore City Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Charles Village
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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Single Room Units:3
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One Bedroom Units:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/18/25
Feb 18, 2025
|
Listed / Active | BRIGHT | $997,000 |
