926 North Calvert Street
926 North Calvert Street
$699,000
—
3,600
3,600
$194
Pending
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).
- Listed by Will A Cannon III • Ben Frederick Realty, Inc.P: 4109163331 will@benfrederick.com
- 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
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleConverted Dwelling
WaterfrontNo
GarageNo
SubdivisionMOUNT VERNON PLACE HISTORIC DISTRICT
SubdivisionMOUNT VERNON PLACE HISTORIC DISTRICT (BALTIMORE CITY MD)
Location
LISTING UPDATED: 04/26/2024 10:02 AM
Property Details for 926 North Calvert Street
Status | Pending |
---|---|
MLS # | MDBA2113058 |
Days on Market | 84 |
Taxes | $11,036 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1920 |
Lot Size | 0.06 AC / 2,399 SF |
County | Baltimore |
Location
Building Information for 926 North Calvert Street
Stories-Residences4Year Built1920Building Size-Lot Size0.06 AC / 2,399 SF
Payment Calculator
$4,734 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 926 North Calvert Street
Property History for 926 North Calvert Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 | ||
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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