2711, 2727, 2730 & 28 Saint Paul Street, BALTIMORE, MD

Name: 2711, 2727, 2730 &amp; 28 Saint Paul Street, For Sale in BALTIMORE - eXp Realty
Brand: Ben Frederick Realty, Inc.
SKU: MDBA2211224
Price: 1700000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,700,000

000

MLS® MDBA2211224

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $5,751

Days Active 24

Approx. Age 1900

MLS® Number MDBA2211224

Property Address: 2711, 2727, 2730 & 28 Saint Paul Street, BALTIMORE, MD, 21218

Average square foot calculated using Size range provided by listing agent.

Description

The portfolio has been owned by the same party for approximately 50 years, with limited capital improvements and rents maintained below current market levels. This long-term ownership profile presents an opportunity to acquire at a lower basis, with multiple paths to increase income through rent adjustments and targeted upgrades. Opportunity to acquire 18 apartments across four buildings on Saint Paul Street in Charles Village, just blocks from Johns Hopkins University’s Homewood Campus. The portfolio spans two consecutive blocks, with all buildings located within 470 walking steps of one another. Offered at $94, 444 per unit, the portfolio presents a clear opportunity to increase rents in one of Baltimore’s most consistent rental corridors. Comparable rentals for similar unit types range from $950 to $1, 150 per month. Bringing current rents to market levels projects a 10.33% cap rate and 15.5% cash-on-cash return. The unit mix includes one rooming unit, four studios, ten one-bedroom apartments, and three two-bedroom units. Kitchens feature wood cabinetry and predominantly laminate countertops; two units include granite countertops. Units include 20” or 30” gas ranges and stainless-steel sinks. Bathrooms include a mix of modern vanities and wall-mounted sinks, with claw foot, cast iron, steel, and fiberglass tubs or shower stalls. Utility configurations vary by building and include a mix of separately metered and master-metered systems. Tenants pay for in-unit electric where separately metered, and at select properties tenants also pay for gas used for cooking. Located within the Charles Village Community Benefits District and four blocks from the Charles Village Shopping District, the portfolio benefits from strong neighborhood amenities and proximity to Johns Hopkins. A Hopkins shuttle stop one block west provides direct access to both the Homewood and Hospital campuses. 🔹 KEY HIGHLIGHTS ● Four buildings within 470 feet across the 2700 & 2800 blocks of Saint Paul — rare block-level density near Johns Hopkins ● Current rents approximately 40% below market — repositioning projects a 10.33% cap rate and 15.5% cash-on-cash return ● $94, 444 per unit entry point — below prevailing pricing for renovated assets in the corridor

MLS® NumberMDBA2211224

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1900

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

18 gas ranges of various sizes, 18 refrigerators

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 16, 2026List Date

$1,700,000List Price

Commute

Commute

Starting Address

Destination Address

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2711, 2727, 2730 &amp; 28 Saint Paul Street, BALTIMORE, MD