1041 Saint Paul Street

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1041 Saint Paul Street

Baltimore, MD 21202
Asking Price
$1.13M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

9-unit gut-renovated Mount Vernon multifamily | 100% occupied | ~20% rent upside | Penn Station <p><strong style="color: rgba(33, 37, 41, 1)">TURNKEY, FULLY STABILIZED ASSET WITH QUALITY 2019 RENOVATION</strong></p><p><span style="color: rgba(33, 37, 41, 1)">1041 Saint Paul Street represents a rare opportunity to acquire a fully stabilized, meticulously renovated boutique multifamily asset in one of Baltimore's most historically significant and culturally rich neighborhoods. Current ownership executed a comprehensive gut renovation in 2019, upgrading all units to a modern standard with gra

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NOI
$80,000
Cap Rate
7.11%
DSCR
1.20
Tight
Cash-on-Cash
3.91%
Monthly Payment
$5,565.886
Annual Cash Flow
$13,209.366

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