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sales rep | Brivity IDX

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2507 N Charles St , Baltimore, MD 21218
$365,000
Est. Payment: $1,942.68/mo
5 Bed
3024 Sqft
0.03 Acres
Status: active | Days on site: 86
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BFRI1 - 3099618
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House Description

2507 North Charles Street presents a rare opportunity to acquire a four-unit apartment building in the heart 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. Located 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. With 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 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.

Highlights

Listed by Will A Cannon III , 4109163331 Ben Frederick Realty, Inc. , 4102359500. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.03

Year Built

1900

County

Baltimore City

School District

Baltimore City Public Schools

Listing ID

MDBA2226684

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
Air Cond:Window Unit(s)
Fireplaces:
Above Ground Sq Ft:3024
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:16'6" x 90'
Zoning:Licensed for 4 Dwelling Units; 1st floor is also permitted for commercial use.
Roof:Rubber
Sewer:Public Sewer
Principal Interest
$1,943
Taxes
$419

Home Price

$365,000

Loan Details

30 yrs
7%

Down Payment

20%
$73,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,942.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,942.68 $418.67 $0.00 $2,361.35
Yearly $23,312.20 $5,024.00 $0.00 $28,336.20
Total $699,365.98 $150,720.00 $0.00 $850,085.98
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Baltimore, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS