$415,000

1816 Saint Paul Street presents a four-unit apartment building in Baltimore's Charles North neighborhood, ideally situated between Charles Village and Midtown. The property includes three one-bedroom apartments and one studio apartment with current rents already near market, allowing investors to acquire a property that performs today. The all-electric building is certified Lead-Free and features individually controlled heating and cooling in each apartment, on-site coin-operated laundry, and two rear off-street parking spaces with additional income potential. Owner-occupants may also find 1816 Saint Paul Street particularly attractive. Using the suggested 80% loan-to-value financing scenario, the rental income from the remaining three apartments totals $3,475 per month against a projected monthly PITI payment of approximately $2,771. Before operating expenses, this creates a projected monthly surplus of approximately $704, allowing an owner to offset a significant portion of their housing costs while building long-term equity. Located just three blocks from Penn Station, one block south of the Station North Arts & Entertainment District, and four blocks from the University of Baltimore, the property benefits from one of Baltimore's strongest rental corridors. Residents enjoy convenient access to public transportation, major employers, restaurants, entertainment, and higher education, supporting long-term rental demand. Whether purchased as an investment or owner-occupied asset, 1816 Saint Paul Street offers stable in-place income in a premier Midtown location.