Created date: June 3, 2024
Date last updated: November 30, 2024
- -Adjacent to Johns Hopkins University
- -Potentially increase rents by approximately 100%
- -Perpetual demand due to proximity to universities
- -Walking distance to Starbucks, Safeway, University Market & Deli
- -Proximity to major highway (I-83). Near University Parkway Transit Hub and bus stations
- -100% Current occupancy
- - Mix of large studios and 1-bed / 1-bath units
- -On-site washer and dryer facility
- -A garage with two parking spaces offers potential for increased income.
Property Description
Nestled within the dynamic Charles Village neighborhood, adjacent to Johns Hopkins University, 2800 N Calvert in Baltimore presents itself as a notable three-story multi-family property. The strategic benefit of its close proximity to Johns Hopkins University, a well-regarded educational institution, significantly adds to its allure. This advantageous location positions the property to consistently attract potential tenants, ensuring a dependable occupancy rate and a steady stream of rental income.
This property emerges as a compelling investment opportunity; the combination of its strategic location and the potential for substantial returns makes it an attractive choice for savvy investors. Currently boasting 100% occupancy, a garage with two parking spaces offers potential increased income, and an on-site washer and dryer facility further enhances its appeal. With efficient management practices and strategic leasing enhancements, the property can increase rents by 100%.
This property stands out as an appealing option for investors seeking both stability and significant financial returns in this highly sought-after locale. Its historical charm, coupled with its advantageous position, makes it a promising investment for those looking to capitalize on the real estate market in the area.