2106 Saint Paul St, Baltimore, MD 21218
Local realty services provided by:ERA Liberty Realty
2106 Saint Paul St,Baltimore, MD 21218
$770,000
- 3 Beds
- - Baths
- 3,480 sq. ft.
- Multi-family
- Active
Listed by: yaakov kanevsky
Office: midfield realty
MLS#:MDBA2191596
Source:BRIGHTMLS
Price summary
- Price:$770,000
- Price per sq. ft.:$221.26
About this home
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.
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Home facts
- Year built:1883
- Listing ID #:MDBA2191596
- Added:52 day(s) ago
- Updated:January 02, 2026 at 11:41 PM
Rooms and interior
- Bedrooms:3
- Living area:3,480 sq. ft.
Heating and cooling
- Heating:Natural Gas, Radiator
Structure and exterior
- Roof:Built-Up
- Year built:1883
- Building area:3,480 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$770,000
- Price per sq. ft.:$221.26
- Tax amount:$9,894 (2025)
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