2126 Saint Paul St - Apartments FOR SALE


Baltimore, MD 21218- Charles Village
$550,000 USD
410-235-9500
2126 Saint Paul St, Baltimore, MD for Sale
$550,000 USD
Apartments - FOR SALE
1/49
null | 8.67% Cap Rate

2126 Saint Paul St
Baltimore, MD 21218
Charles Village


HIGHLIGHTS

  • Fully Updated, Separately Metered 4-Unit in Charles North — Low-maintenance asset in a high-demand rental market.
  • Just Four Blocks from Penn Station — Ideal for professionals working in DC who want more affordable housing with easy access to Amtrak and MARC.
  • Ceilings Up to 12’, Granite Counters, and Central Air — Quality finishes that attract stable tenants and minimize vacancy.
  • At the Crossroads of Station North and Charles Village Expansion — Positioned for rent growth and long-term appreciation in a fast-evolving corridor.

OVERVIEW

All four extra-large apartments at 2126 Saint Paul Street have been thoughtfully updated while preserving the building’s architectural presence. This Saint Paul Multi-Family offers generous ceiling heights—12 feet on the first floor, 11 feet on the second, and 10 feet on the third—combined with oversized layouts and large windows to create bright, open living spaces throughout. Kitchens feature updated cabinetry, designer ceramic tile backsplashes, and full suites of appliances—including dishwashers, disposals, and 30” gas ranges in three units. Three apartments also feature granite countertops, and the terrace-level unit boasts a massive island with built-in drawer storage and a private walk-out patio—ideal for outdoor dining or quiet relaxation. All bathrooms include modern vanities—one custom built—and the above-grade units offer a mix of tubs and shower stalls. The terrace apartment features a half bath, a jacuzzi soaking tub, and a walk-in shower with ceramic tile surround and flooring, offering a spa-like retreat rarely found in rental housing. Utility Information: This Saint Paul Multi-Family features fully self-contained apartments, each separately metered for gas and electric, allowing tenants to cover their own utility costs. All four units have their own HVAC systems and dedicated water heaters—gas-fired 40-gallon tanks for the first-floor and basement units, and space-saving tankless electric water heaters for the upper floors. Three apartments are equipped with in-unit stacked washers and dryers, adding convenience and rental appeal. The fourth apartment has hook-ups at the ready. Heating is provided by individual gas-fired forced air furnaces in each unit along with central air. Observable plumbing includes copper supply lines and PVC drain lines, offering durability and ease of maintenance. What’s Special About Charles North: 2126 Saint Paul Street sits in the heart of Charles North, a dynamic neighborhood known for its creative energy, historic architecture, and prime transit access. Just blocks from the Station North Arts District and Penn Station, the area attracts artists, professionals, and students alike. The neighborhood’s evolution is reflected in its food and drink scene—home to upscale cocktail spots like Fadensonnen, Dutch Courage, Clavel, and WC Harlan—drawing a discerning, urban-minded crowd. As Station North continues expanding north and Charles Village trends south, this location stands at the crossroads of two of Baltimore’s most exciting growth corridors. With strong tenant demand and ongoing investment all around, this Saint Paul address offers both immediate rental income and long-term upside for investors looking to build or balance their portfolio.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

4

PRICE/UNIT

$137,500

CAP RATE

8.67%

% LEASED

25%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Charles North Multi-Family

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1883

PARKING SPACES

2

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-8

APN/PARCEL ID

3810-023

ASK ABOUT THIS PROPERTY

Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

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Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.