2818 N Calvert St, Baltimore, MD 21218

Description

Rare opportunity to own an exceptional investment property in the heart of Charles Village. Ideally located just minutes from Johns Hopkins University, this turnkey multi-unit building presents an outstanding opportunity to expand your investment portfolio. The property will convey completely vacant, allowing you the flexibility to select your own tenants and maximize its income potential from day one.

Currently configured as a four-unit apartment building with separately metered units, the property offers the added benefit of six individual living spaces. Unit 1 occupies two levels and features one bedroom and one full bathroom. Unit 2, also located on the first floor, offers one bedroom and one full bathroom. Both first-floor units boast impressive high ceilings that enhance the sense of space.


The second floor includes Unit 3, a spacious efficiency apartment with high ceilings. Also on this level is Unit 4, which contains a washer and dryer hookup upon entry and features a generously sized one-bedroom, one-bathroom apartment. Continuing to the third floor, Unit 4 expands to include two additional living spaces that are not separately metered: Unit 4B (the fifth living space), an efficiency apartment, and Unit 4C (the sixth living space), also an efficiency apartment. While the property is legally zoned as a four-unit building, it is currently configured with six separate living areas, creating exceptional income-producing potential.

Each living space is equipped with electric baseboard heat, window air conditioning units, and at least two ceiling fans for year-round comfort. Updated lighting has been installed throughout every unit as well as the common areas. Additional conveniences include a laundry hookup in the basement and a second laundry hookup on the second floor serving Unit 4 and its additional living spaces.

With all six living spaces conveying vacant, this property offers endless possibilities for investors seeking strong rental income or value-add opportunities. Whether you're building or expanding your portfolio, you'll appreciate the flexibility and earning potential this unique property provides.

Beyond the property itself, the location is truly exceptional. Charles Village is one of Baltimore's most sought-after neighborhoods, offering outstanding walkability and a welcoming sense of community. Enjoy easy access to Johns Hopkins University, the Baltimore Museum of Art, Olmsted's Wyman Park, the Waverly Farmers Market, Station North, and an array of local restaurants, shops, and cultural attractions. The neighborhood feels tucked away from the city's hustle while remaining close to everything that makes Baltimore vibrant.

Commuting is equally convenient, with quick access to I-83 and other major highways connecting you to downtown Baltimore and beyond. This is a rare opportunity to own a distinctive investment property in one of the city's most desirable neighborhoods. Become part of the Charles Village community and enjoy the lasting value, flexibility, and potential this exceptional property has to offer. Schedule your appointment today.