2414 St Paul Street
2414 St Paul Street
Baltimore, MD 21218
$429,000
Last Sold Price
—
Beds
2,544 Sq. Ft.
$169 / Sq. Ft.
2,544
Sq. Ft.
$169
per Sq. Ft.
Closed 4/5/24
Closed 4/5/24
Description
ONLINE AUCTION: Bidding begins 2/6 @ 10:00 AM. Bidding ends 2/8 @ 11:40 AM. List Price is Suggested Opening Bid. Deposit: $25,000. Attention investors! Diversify your rental portfolio under one roof with this mixed use Charles Village building. Housing four apartments and one retail suite, 2414 Saint Paul Street’s compact apartments are in high demand among today’s city-living tenants. Invest in Charles Village, one of Baltimore’s premier real estate investment markets. 2414 Saint Paul Street has...ONLINE AUCTION: Bidding begins 2/6 @ 10:00 AM. Bidding ends 2/8 @ 11:40 AM. List Price is Suggested Opening Bid. Deposit: $25,000. Attention investors! Diversify your rental portfolio under one roof with this mixed use Charles Village building. Housing four apartments and one retail suite, 2414 Saint Paul Street’s compact apartments are in high demand among today’s city-living tenants. Invest in Charles Village, one of Baltimore’s premier real estate investment markets. 2414 Saint Paul Street has first-floor retail on the street level, two apartments on the second floor, and two apartments on the third floor. Apartment kitchens feature sturdy, easy-to-clean finishes with a mix of wood and laminate cabinets, laminate countertops, and ceramic tile floors. Bathrooms have modern vanities and full-sized tubs. Living areas contain a mix of laminate, ceramic tile, and hardwood flooring. With compact apartments and easy-to-maintain finishes, an investor can expect low vacancies and easy tenant turnover. The Charles Village neighborhood provides a steady supply of quality tenants. The commercial space is leased to a clothing store, with a 3 year term and 3 year renewal option. This building’s C-1 zoning allows a myriad of business uses including retail, office, or medical. With no walk-up stairs and high street visibility, 2414 Saint Paul Street’s commercial element provides a desirable location for businesses. 2414 Saint Paul Street has 5 gas meters and 6 electric meters. Currently the commercial tenant and one apartment tenant pay their own utilities; the rest have their utilities included in the rent. A savvy landlord might pass these costs along to the tenants to increase cash flow. This mixed-use building’s apartments have electric baseboard heat; the commercial suite has a gas-fired forced air furnace with air conditioning. Each unit has its own water heater. The building has vinyl replacement windows, and a rubber roof with elastomeric coating. Just around the corner from 2414 Saint Paul Street is 25th Street, a bustling commercial corridor. This neighborhood is home to many mom-and-pop shops as well as office suites, restaurants, and retail storefronts.
2414 Saint Paul Street has a WalkScore of 94, earning the designation “Walker’s Paradise”; a TransitScore of 70, and a BikeScore of 89. This location in central Baltimore is just short drive from downtown, and I-83 provides quick access to the City’s highway systems. The neighborhood is served by the Charles Village Benefits District–this nonprofit organization helps keep the district clean, organizes security patrols, and hosts community events. Total Monthly Rental Income: $4,225/mo
Total Yearly Rental Income: $50,700/yr
1st Floor:
Unit #1
-Setup as a commercial space
-Rental Income: $975/mo
-Lease End Date: 8/31/2025
2nd Floor:
Unit #2
-Setup as an efficiency
-Rental Income: $875/mo
-Lease End Date: 2/28/2024
Unit #3
-Setup as a 1 bedroom unit
-Rental Income: $875/mo
-Lease End Date: 8/31/2024
3rd Floor:
Unit #4
-Setup as an efficiency
-Rental Income: $650/mo
-Lease End Date: Monthly
Unit #5
-Setup as an efficiency
-Rental Income: $850/mo
-Lease End Date: 7/31/2024
2414 Saint Paul Street has a WalkScore of 94, earning the designation “Walker’s Paradise”; a TransitScore of 70, and a BikeScore of 89. This location in central Baltimore is just short drive from downtown, and I-83 provides quick access to the City’s highway systems. The neighborhood is served by the Charles Village Benefits District–this nonprofit organization helps keep the district clean, organizes security patrols, and hosts community events. Total Monthly Rental Income: $4,225/mo
Total Yearly Rental Income: $50,700/yr
1st Floor:
Unit #1
-Setup as a commercial space
-Rental Income: $975/mo
-Lease End Date: 8/31/2025
2nd Floor:
Unit #2
-Setup as an efficiency
-Rental Income: $875/mo
-Lease End Date: 2/28/2024
Unit #3
-Setup as a 1 bedroom unit
-Rental Income: $875/mo
-Lease End Date: 8/31/2024
3rd Floor:
Unit #4
-Setup as an efficiency
-Rental Income: $650/mo
-Lease End Date: Monthly
Unit #5
-Setup as an efficiency
-Rental Income: $850/mo
-Lease End Date: 7/31/2024
- Listed by Adam M Shpritz • Ashland Auction Group LLCP: 4103653595 adam@ashlandauction.com
- Listed by Lee M Shpritz • Ashland Auction Group LLCP: 4103652525 lee@ashlandauction.com
Property Details for 2414 St Paul Street
Tax ID Number
0312063830 017
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleFederal
WaterfrontNo
GarageNo
SubdivisionOLD GOUCHER
SubdivisionOLD GOUCHER (BALTIMORE CITY MD)
Location
Listing Courtesy of Ashland Auction Group LLC
Sold By EXP Realty, LLC
Add your commute
LISTING UPDATED: 04/05/2024 05:09 PM
Property Details for 2414 St Paul Street
| Status | Closed |
|---|---|
| MLS # | MDBA2105840 |
| Days on Market | 88 |
| Taxes | $8,245 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1900 |
| Lot Size | 0.03 AC / 1,500 SF |
| County | Baltimore |
Location
Listing Courtesy of Ashland Auction Group LLC
Sold By EXP Realty, LLC
Add your commute
Building Information for 2414 St Paul Street
Stories-Residences1Year Built1900Building Size-Lot Size0.03 AC / 1,500 SF
Payment Calculator
$3,028 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,341
Property Taxes
$687
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2414 St Paul Street
Location
Location
- In City Limits: Yes
- School District Name: BALTIMORE CITY PUBLIC SCHOOLS
- School District County ID: 121137830454
- SchoolDistrictSource: Listing Agent
- County: BALTIMORE CITY
Waterfront / Water Access
Waterfront / Water Access
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2023
- Tax Assessed Value: $349,367
- Year Assessed: 2023
- County Tax: $391
- Improvement Assessed Value: $238,200
- City Town Tax: $7,854
- Land Assessed Value: $90,000
- Clean Green Assessed: No
- Land Use Code: R
- Section: 06
- Zoning: C-1
- Tax Lot: 017
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: No
Lease Information
Lease Information
- Concessions: No
Unit Information
Unit Information
- Single Room Units Count: 3
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 0
- Units Leased Count: 5
Financial Information
Financial Information
- Annual Rental Income: $50,640
Building Info
Building Info
- Building Units Total: 1
- Total Finished SQFT: 2,544.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 2,544.00
- Total SQFT: 3,476.00
- Total SQFT Source: Assessor
- Construction Materials: Brick
- Foundation Details: Brick/Mortar
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Source: Estimated
- Lot Size Dimensions: 16'8" x 90'
- Lot Dimensions Source: Estimated
- Parcel ID: 12952581
Parking
Parking
- Type Of Parking: Parking Lot
- Parking Lot - # of Spaces: 1
Interior Features
Interior Features
- Fireplace: No
- Accessibility Features: None
Exterior Features
Exterior Features
- Pool: No Pool
Utilities
Utilities
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Hot Water: Multi-tank
- Water Source: Public
- Sewer Septic: Public Sewer
Confidential Data
Listing Office
- List Agent AOR: Greater Baltimore Board of REALTORS
- List Agent URL: www.InnerHarborRealty.com
Property History for 2414 St Paul Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2414 St Paul Street
Taxable ValueLand-Additions-Total-
Tax Record2023$8,245 ($687 / month)
Home Facts
Beds0Baths5Total Finished SqFt2,544 SqFtAbove Grade Finished SqFt2,544 SqFtStories3Lot Size1,500 SqFtStyleTownhouseYear Built1900ZoningC-1CountyBALTIMORE CITYAPN12-06-3830 -017Fireplace TypeHas Fireplace
Schools near 2414 St Paul Street
This home is within Baltimore City Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Margaret Brent Elementary School PublicPK to 8 | ||
Stadium School Public6 to 8 | ||
Booker T. Washington Middle School Public6 to 8 | ||
Augusta Fells Savage Institute Of Visual Arts Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Ashland Auction Group LLC
© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/05/2024 05:09 PM