Baltimore, MD 21218,2106 SAINT PAUL ST
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Baltimore, MD 21218,2106 SAINT PAUL ST
Baltimore, MD 21218,2106 SAINT PAUL ST
Baltimore, MD 21218,2106 SAINT PAUL ST
Baltimore, MD 21218,2106 SAINT PAUL ST
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Listed by Yaakov Kanevsky • Midfield Realty
$ 770,000
Est. payment /mo
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Active

2106 SAINT PAUL ST Baltimore, MD 21218

3,480 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,480 sqft

Price per Sqft $221

MLS Listing ID MDBA2191596

Style Other

Abv Grd Liv Area 3,480

Year Built 1883

Annual Tax Amount $9,894

Tax Year 2025

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

2106 St. Paul Street is a fully occupied 7-unit multifamily asset offering a stable and predictable income profile over a five-year hold. Gross rental income is projected to increase from $103,979 in Year 1 to $121,640 by Year 5, based on a conservative 4% annual rent growth assumption. Operating expenses are expected to rise from $41,592 to $48,656, while Net Operating Income grows steadily from $62,387 to $72,984. Over this period, the capitalization rate improves from 8.10% to 9.48%, highlighting the property's durability and income growth potential.

The seller is offering attractive seller financing, providing buyers with the opportunity to reduce upfront capital requirements, enhance cash-on-cash returns, and secure more flexible terms than traditional financing—materially improving overall deal economics.

The building features original hardwood floors, a first-floor balcony, and a basement patio, complemented by coin-operated laundry, on-site storage, and parking, all of which add tenant appeal and ancillary income potential. Energy-efficient appliances and LED lighting help keep operating costs efficient.

Situated in Charles Village, the property benefits from a highly walkable, transit-oriented location near major universities, medical centers, retail corridors, and public transportation, supporting consistent tenant demand and long-term investment stability.

Location

State MD

County Baltimore City

Zoning R-8

Rooms

Basement Other

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Other

Flooring Hardwood

Equipment Oven/Range - Gas, Refrigerator

Fireplace N

Appliance Oven/Range - Gas, Refrigerator

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Built-Up

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 3480

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0312083810 033

Ownership Other

SqFt Source 3480

Security Features Intercom

Special Listing Condition Standard


Bright MLS (BMLS)
Tom Spier

Tom Spier

Broker | License ID: BR98371456

+1(202) 320-6711

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2106 SAINT PAUL ST