2908 N Calvert St, Baltimore, MD 21218

Description

DO NOT Miss one of The Best TURNKEY Multifamily Available in Charles Village Today. Located approximately three blocks from Johns Hopkins University, 2908 N Calvert Street offers four apartments: three one-bedroom, one-bath units and one three-bedroom, two-bath unit. Current rents total $5,620 (Apt 1 $2395, Apt 2A $975, Apt 2B $1050 and Apt 3 $1200) per month. Tenants pay their own utilities, with the water bill divided among the four apartments. The owner pays for winter heat for apartments served by radiators.

The owner has invested more than $125,000 in improvements since 2021. Three of the four apartments were fully renovated in 2021 with new flooring, kitchens, and bathrooms. Improvements that year also included new lobby stairs, exterior paint, and gutters. In 2022, the owner installed a new hot water tank, extensively serviced the heating system, and replaced much of the galvanized piping. Additional improvements includes a new sump pump (2024), new garage door (2023), roof coated (2023), and gutter repairs as needed (2025). The porch and porch roof were replaced in 2026.

With established rental income and substantial improvements already completed, this Charles Village property is ready for its next owner. Add it to your investment portfolio or explore the possibility of occupying one unit and renting the rest.