1815 SAINT PAUL STREET

BALTIMORE, MD 21202

5 income-generating units bringing in $4,579 per month—an impressive $54,948 per year! Seize this exceptional investment opportunity in the lively Station North neighborhood of Baltimore City, just 1.8 miles from the bustling Inner Harbor! 1815 Saint Paul St is a nicely remodeled, zoned 5-unit building that boasts 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 flaunts high rents, 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.

Listing courtesy of Cummings & Co. Realtors



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