926 North Calvert Street

Baltimore, MD 21202

$699,000
Price
Beds
3,600 Sq. Ft.
$194 / Sq. Ft.
3,600
Sq. Ft.
$194
per Sq. Ft.

Description

Nestled in the heart of Mount Vernon, this charming 6-unit apartment building presents a great opportunity with its well-designed mix of large and small one-bedroom apartments, all with room for rental increases to achieve market rents. For the savvy investor, there’s potential to further enhance cash flow by charging back heating and water costs. The property is designed for minimal upkeep during turnovers, ensuring a hassle-free management experience. Situated within easy reach of Penn Station,...Nestled in the heart of Mount Vernon, this charming 6-unit apartment building presents a great opportunity with its well-designed mix of large and small one-bedroom apartments, all with room for rental increases to achieve market rents. For the savvy investor, there’s potential to further enhance cash flow by charging back heating and water costs. The property is designed for minimal upkeep during turnovers, ensuring a hassle-free management experience. Situated within easy reach of Penn Station, popular dining establishments, cultural museums, prestigious universities, eclectic shops, vibrant nightlife, and more. For $116,500 per unit, 926 North Calvert provides an affordable entry point for investing in Baltimore City and the vibrant Mount Vernon neighborhood. The kitchens in these practical apartments feature wood cabinets, laminate countertops, and stainless-steel sinks throughout, with some garbage disposals. Gas ranges vary in sizes: 20″, 24″ and 30″. The interiors have a mix of wood paneling and plaster walls, with ceilings a combination of suspended grid and/or plaster. Living areas feature vinyl plank or laminate flooring, and kitchens offer sturdy options like vinyl plank, laminate, hardwood, or vinyl tile flooring. Four bathrooms have vinyl shower stalls with vinyl enclosures; two bathrooms have steel tubs; one with a vinyl tub surround and one with ceramic tile surround. All bathrooms have modern vanities. For added convenience, coin-operated laundry facilities in the basement simplify the daily routines of tenants. This Mount Vernon apartment investment property has one heating system and one water heater. A gas-fired hot water boiler (1982) serves heating for the building via radiator heat. A 72-gallon, gas-fired water heater (2016) provides hot water to all apartments. With 7 gas meters and 7 electric meters, tenants pay their own gas and electric costs and are responsible for their own window air conditioning units. Water and heat are currently paid by the landlord, but instilling a routine utility bill-back system would significantly increase cash flow. Vinyl replacement windows throughout the building keep utility costs low for tenants. With upgrades as necessary, most observable interior water supply lines are copper, with some C-PVC. Interior drain lines are mostly PVC, with a few staggered steel drains. It comes as no surprise that 926 North Calvert boasts an impressive “Walk Score” of 98 out of 100. Nestled in Mount Vernon, this investment property is strategically located just a few blocks away from Baltimore Penn Station. This Amtrak hub is currently in the midst of a significant redevelopment, poised to remain a powerful economic catalyst for the neighborhood’s ongoing growth and prosperity. Within mere minutes from their doorstep, tenants have the opportunity to immerse themselves in the vibrant cultural scene, with captivating shows at renowned venues such as The Lyric, Center Stage, or The Meyerhoff Symphony Hall. Moreover, the area offers a delectable array of high-end restaurants, enriching museums, and prestigious universities, including the distinguished University of Baltimore School of Law & Maryland Institute College of Arts (MICA).
  1. Listed by Will A Cannon III • Ben Frederick Realty, Inc.
    P: 4109163331 will@benfrederick.com
  2. Listed by Cheryl L, Sadera • Ben Frederick Realty, Inc.
    P: 4106881348 cheryl@benfrederick.com

Property Details for 926 North Calvert Street

Tax ID Number
0311120513 008
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Converted Dwelling
Waterfront
No
Garage
No
Subdivision
MOUNT VERNON PLACE HISTORIC DISTRICT
Subdivision
MOUNT VERNON PLACE HISTORIC DISTRICT (BALTIMORE CITY MD)

Location

Listing Courtesy of Ben Frederick Realty, Inc.
Add your commute
LISTING UPDATED: 04/26/2024 10:02 AM

Property Details for 926 North Calvert Street

StatusPending
MLS #MDBA2113058
Days on Market84
Taxes$11,036 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.06 AC / 2,399 SF
CountyBaltimore

Location

Listing Courtesy of Ben Frederick Realty, Inc.
Add your commute

Building Information for 926 North Calvert Street

Stories-Residences4Year Built1920Building Size-Lot Size0.06 AC / 2,399 SF

Payment Calculator

$4,734 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

$920

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 926 North Calvert 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: $467,633
  • Year Assessed: 2023
  • County Tax: $524
  • Improvement Assessed Value: $319,900
  • City Town Tax: $10,512
  • Land Assessed Value: $131,900
  • Clean Green Assessed: No
  • Land Use Code: M
  • Zoning: OR-2
  • Zoning Dscrp: Licensed for 6 Dwelling Units.
  • Tax Lot: 008
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 6
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 6
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,600.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 12949466
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street, Parking Lot
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Greater Baltimore Board of REALTORS

Property History for 926 North Calvert Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 926 North Calvert Street

Taxable ValueLand-Additions-Total-
Tax Record2023$11,036 ($920 / month)
Home Facts
Lot Size2,399 SqFtStyleMulti-Family Dwelling (2-4)ZoningOR-2CountyBALTIMORE CITYAPN11-12-0513 -008

Schools near 926 North Calvert Street

This home is within Baltimore City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Stadium School
Public6 to 8

Booker T. Washington Middle School
Public6 to 8

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 Ben Frederick Realty, Inc.

© 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 04/26/2024 10:02 AM