2106 SAINT PAUL STREET

BALTIMORE, MD 21218

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.

Listing courtesy of Midfield Realty



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