Financial Highlights
This 21-unit East Baltimore portfolio currently generates a Day One cap rate of 7.8%, with potential to reach 10–12% at market rents. Average rents are $1,020 per unit versus market rents of $1,250–$1,350, creating roughly $4,600/month ($55,000/year) in upside. The portfolio includes two fully leased commercial suites and several vacant residential units ready for lease-up.
Property Highlights
The portfolio comprises six properties with 12 one-bedroom units, five two-bedroom units, two studios, and two commercial spaces. Many units, especially on McCulloh Street, are move-in ready with central air, updated kitchens and bathrooms, hardwood floors, and in-unit washers/dryers. Kitchens feature modern appliances, and parking is available on-street, with 1918 McCulloh St offering a detached garage. 30 E 25th St is a mixed-use building combining residential and commercial income.
Location Highlights
The McCulloh Street properties (21217) serve 31,000+ residents with access to Bolton Hill Plaza, Mondawmin Mall, Druid Hill Park, and State Center Metro. 30 E 25th St in Charles Village reaches 8,200+ residents near the Baltimore Museum of Art, Waverly Farmers Market, and Penn Station. 2405 Barclay St is in Barclay/Harwood, home to 5,800+ residents near North Avenue Light Rail and Station North Arts District. Institutional anchors include Johns Hopkins University (30,500+ students, 27,000 employees), Johns Hopkins Hospital (30,000+ employees), and University of Maryland system (6,600+ students, 17,000+ faculty/staff).
commercieel
US$ 7.349 Jaarlijkse belasting
Ingebouwd 1900
MLS/Listing ID MDBA2202948
1 Eenheden
Cooling - Other
Heating - Other
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 03/13/2026.
Source: Bright Multiple Listing Service, Inc.
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