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1628 N Calvert St , Baltimore, MD 21202
$450,000
Est. Payment: $2,470.99/mo
3 Bed
3 Bath
2640 Sqft
0.01 Acres
Status: pending | Days on site: 11
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MONUM11 - 3364126
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House Description

Significant Price Refinement ($190,500)! Turnkey triplex opportunity in the heart of Station North offering stabilized income with upside potential. This fully renovated and fully furnished three-unit property features (3) one-bedroom, one-bath apartments with luxury vinyl plank flooring, exposed brick, granite countertops, stainless steel appliances, in-unit laundry, central air, separate gas and electric meters (owner pays water), basement storage, and a rear parking pad accommodating up to four vehicles. The 2025 T12 reflects: • Gross Operating Income: $38,621.57 • Total Operating Expenses: $7,205.40 • Net Operating Income (NOI): $31,416.17 Please note the 2025 income reflects vacancy and turnover periods, along with several one-time expenses including HVAC maintenance, door replacement, and make-ready costs. Current rent roll has improved: • Unit 2: Leased as of early February at $1,450/month • Unit 3: Leased as of early February at $1,450/month • Unit 1: Currently vacant, previously leased at $2,050/month At full stabilization based on prior lease amounts, the property supports approximately $4,950/month, or $59,400 annually in gross rental income. Located steps from Penn Station, near MICA, minutes to I-83 and Downtown, and within walking distance to two Johns Hopkins shuttle stops, this location continues to drive strong rental demand from medical professionals, graduate students, faculty, and downtown employees. Ideal for: • Buy-and-hold investors • Furnished mid-term rental strategy • House hackers seeking income offset • Portfolio investors targeting Station North growth Full T12, expense breakdown, and pro forma analysis available upon request. Situated just steps from the $50,000,000 Penn Station redevelopment, 1628 N Calvert St offers exceptional upside in a rapidly growing corridor. Easy-to-rent units, top-of-market rents, strong appreciation potential, and flexible rental strategies make this an outstanding addition to any portfolio. Schedule your showing today and capitalize on one of Baltimore’s most dynamic investment locations. Buyer to pay a short sale negotiation fee of $6,000.00 or 2% of the purchase price, whichever is greater, upon closing. Subject to third party approval. Unit 2 and 3 are currently rented.

Highlights

Listed by Yemurai K Pollard , 6109067182 Monument Sotheby's International Realty , 4437087074. Bright MLS

Property Type

Townhome

Lot/Acreage
0.01

Year Built

1900

County

Baltimore City

Neighborhood

Station North Arts District

School District

Baltimore City Public Schools

Listing ID

MDBA2210052

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Built-In Microwave, Dishwasher, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater
Air Cond:Ceiling Fan(s),Central A/C
Fireplaces:
Floor:Ceramic Tile,Hardwood,Luxury Vinyl Plank
Above Ground Sq Ft:2640
Basement:Partially Finished
Other:
  • ▪ Main Floor Bedrooms:1
  • ▪ Additional:Bathroom - Stall Shower, Ceiling Fan(s), Floor Plan - Open, Floor Plan - Traditional, Recessed Lighting, Skylight(s), Wood Floors, No Pet Restrictions, Pets Allowed
Water:Public

Exterior Features

Lot:Road Frontage,Not New Construction,Horse Property: No,In City Limits
Garage Capacity:4
Zoning:OR-1
Others:
  • ▪ Additional:Sidewalks, Excellent
Sewer:Public Sewer
Parking Features:Parking Space Conveys,Paved Parking,Attached Carport,Off Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$2,471
Taxes
$617

Home Price

$450,000

Loan Details

30 yrs
7.312%

Down Payment

20%
$90,000
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:
$2,470.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,470.99 $616.58 $0.00 $3,087.58
Yearly $29,651.90 $7,399.00 $0.00 $37,050.90
Total $889,557.06 $221,970.00 $0.00 $1,111,527.06
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: 2026-11-14T03:13:49.000Z

© 2026 Bright MLS