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About the Listing BFRI1 - 3059590
2945 Saint Paul Street presents a Charles Village value-add apartment building with below-market rents, deferred maintenance, and a long-term ownership history. Rather than paying a premium for someone else's renovation choices, investors have the opportunity to improve the property at their own pace and to their own specifications. Whether through cosmetic apartment updates, comprehensive renovations, operational improvements, or capital upgrades to the building's systems and common areas, 2945 Saint Paul Street offers multiple paths to increased income and long-term value. The property includes 2 two-bedroom apartments, 1 one-bedroom apartment, and 1 studio apartment. Apartment interiors reflect varying levels of renovation completed over time, giving a new owner the flexibility to renovate as units become available while preserving rental income. Kitchens feature wood cabinetry, laminate countertops, gas ranges ranging from 20" to 30", and practical layouts that can be updated to match a buyer's renovation budget. Bathrooms include modern vanities with a mix of steel and cast-iron tubs and vinyl, fiberglass, or ceramic tile surrounds. The building is served by a central gas-fired boiler with radiator distribution and a central gas-fired hot water heater. Five electric meters provide separate electric service to each apartment plus public service, while two gas meters serve the building. A new owner may find opportunities to further improve operating efficiency through utility refinements and expense reimbursements. 2945 Saint Paul Street is located on one of Charles Village's most recognizable residential corridors, just 1 blocks from Johns Hopkins University. The surrounding area continues to attract students, faculty, medical professionals, and long-term residents, supporting consistent rental demand. Combined with the property's value-add characteristics, this location provides investors with the opportunity to create value in one of Baltimore City's most established and desirable apartment markets.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
MDBA2221216
Year Built
1902
Total Square Footage
3,130
Lot/Acreage
0.05
County
Baltimore City
School District
Baltimore City Public Schools
Interior Details
- Bedrooms: 6
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3130
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 1
- Lot Dimensions: 16' x 123'
- Zoning: Licensed for 4 Dwelling Units
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Concrete Driveway,Off Street,1+ Spaces
Financial Details
- Tax Amount: $5,900
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
2945 Saint Paul St Baltimore, MD 21218
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