2945 SAINT PAUL STREET

BALTIMORE, MD 21218

Eight apartments across two buildings on the same block, just two blocks from Johns Hopkins University’s Homewood campus in Baltimore’s Charles Village neighborhood. Offered together, 2924 and 2945 Saint Paul Street provide immediate scale in one of the city’s most reliable rental corridors driven by students, faculty, researchers, and medical professionals. The Johns Hopkins Shuttle stops two blocks south, providing free transportation to the Peabody Institute, Johns Hopkins Hospital and research facilities on Broadway, and Bayview Medical Center—expanding the potential tenant pool beyond the Homewood campus. The portfolio offers meaningful upside through rent growth in one of Baltimore’s strongest rental corridors. In-place rents provide immediate opportunity for improvement as leases turn and align with prevailing market levels near Johns Hopkins University. Select kitchens at 2924 Saint Paul have already been refreshed, while additional interior improvements—such as kitchens, baths, and flooring—may support even higher rents over time. Apartments include laminate countertops, wood cabinetry, and gas ranges of varying sizes. Bathrooms feature modern vanities with steel or cast-iron tubs and surrounds consisting of vinyl, fiberglass, or ceramic tile. Seven of the eight apartments retain hardwood flooring in living areas, with one unit finished in laminate; kitchens feature vinyl flooring and bathrooms are finished in vinyl or ceramic tile. Each property is heated by a gas-fired boiler with radiator distribution and served by central gas-fired water heaters. Electric service is separately metered with five electric meters at each building and two gas meters per property. Located near the Charles Village retail corridor and Wyman Park Dell, the properties benefit from strong walkability, consistent tenant demand, and proximity to one of Baltimore’s largest employment anchors.

Listing courtesy of Ben Frederick Realty, Inc.



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