2106 St. Paul Street is a fully occupied 7-unit multifamily asset offering a stable and predictable income profile over a five-year hold. Gross rental income is projected to increase from $103,979 in Year 1 to $121,640 by Year 5, based on a conservative 4% annual rent growth assumption. Operating expenses are expected to rise from $41,592 to $48,656, while Net Operating Income increases from $62,387 to $72,984. Over this period, the capitalization rate improves from 8.10% to 9.48%, highlighting the property’s durability and income growth potential.
The seller is offering attractive seller financing, allowing buyers to reduce upfront capital requirements, improve cash-on-cash returns, and secure more flexible terms than traditional financing—materially enhancing overall deal economics.
The property includes coin-operated laundry for additional income and rear parking slots available, providing operational and revenue benefits.
Located in Charles Village, the property has a Walk Score® of 96, indicating that most daily services and amenities are accessible on foot, with proximity to public transportation and established commercial corridors.
3,480 Sq Ft
investimento
9.894 USD Imposta annuale
Costruito in 1883
MLS/ID annuncio MDBA2191596
1 Unità
Heating - Natural Gas
Brick Mortar
Legno massello
Cooling - Other
Construction - Brick
Frigorifero
Built-Up
COSTO MENSILE TOTALE
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All information deemed reliable but not guaranteed. Last date updated: 03/15/2026.
Source: Bright Multiple Listing Service, Inc.
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