2907 N Calvert Street

Description

Generate $9,150 per month, $109,800 per year! Nows your chance to own a cash-flowing historical treasure in one of Baltimores most coveted locations! 2907 N Calvert St is a zoned 3-unit and fully occupied! This property boasts an astounding 5,000+ finished square feet, 11 bedrooms, 4 dens, 6 full bathrooms, and the kind of architectural details historians dream of with an ornate staircase, grand fireplaces, and beautiful stained-glass windows! This well-maintained end-unit property is located in the heart of desirable Charles Village, faces the iconic painted ladies porch-front homes that the area is admired for, and generates an astounding $9,150 in monthly rent! With its close proximity to the prestigious Johns Hopkins University (.6 miles), Medstar Union Memorial Hospital (.6 miles), Baltimore Museum of Art (.4 miles), downtown Baltimore (2.7 miles), and countless coffee shops and restaurants, the area is booming with students and professionals alike, making lease-up a breeze! Shared on-site laundry and access to a private garage (for a fee) are added bonuses for all residents. This property boasts high rents, no delinquency (as of 9/12/2024), written leases, lead certificates, and a 3-unit rental license. Tenants cover utility costs. Recent improvements include some updated flooring (2021/2022), renovated basement (2023), new ductless mini split heating/cooling systems on the second and third levels (2023), new electrical boxes in the basement, second, and third levels (2023), remodeled bathroom on the second level (2024), and installation of additional bathroom on the third level (2024). What are you waiting for? Add this one to your portfolio today! There is a Special Benefits Tax in this area. The current cost for the year for this property is $504.91. The Special Benefits Tax is a surcharge which covers additional safety and sanitization efforts for the area.