This listing is NOT a foreclosure. 2507 North Charles Street presents a rare opportunity to acquire a four-unit apartment building in the hart of Charles Village. Held under long-term ownership, the property offers multiple paths to create value through apartment renovations, improved management, utility bill-backs, and capital improvements over time. The building contains two two-bedroom apartments, one one-bedroom apartment, and one studio apartment, and features a central gas-fired boiler with radiator heat, four electric meters, five gas meters, and a rubber membrane roof replaced in 2024.nnLocated along the vibrant North Charles Street corridor, residents enjoy walkable access to restaurants, coffee shops, boutiques, art venues, and neighborhood conveniences. Johns Hopkins University's Homewood Campus is just five blocks north, providing a consistent source of housing demand in one of Baltimore City's most desirable rental neighborhoods.nnWith an asking price of just $91,250 per apartment, the property offers an attractive entry point into the Charles Village market and the opportunity to increase rents as apartments are renovated and operations are modernized. The property
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also passes the FHA self-sufficiency test, making it an excellent opportunity for an owner-occupant seeking to live in one apartment while the rental income from the remaining units helps offset the monthly housing expense.This MLS Resale home is a townhouse or condo located in BALTIMORE. It offers 0.03 acres in size, 5 beds and 4.5 baths. Review its detailed information and determine if this BALTIMORE MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID1112573585
Parcel Number12-03-3831 -019
CountyBALTIMORE CITY
Bedrooms5
Bathrooms4.5
Living Area (sqft)3,024
Price/sqft$120
Year Built01/01/1900
Property TypeTownhouse or Condo
Lot Size0.03 acres
Stories3
Total Units4
BasementUnspecified Basement
HeatingForced air unit
Roof TypeBuilt-up
Style35
Exterior WallsBrick
ZoningC-1
rto financingtrio
Property Brokerage:
Ben Frederick Realty, Inc.