2129 N Charles St Baltimore, MD 21218
Station North NeighborhoodEstimated payment $2,938/month
About This Home
Prime Mixed-Use Investment in Old Goucher – Strong Cash Flow & Long-Term Stability
Seize this high-yield mixed-use opportunity in Old Goucher, one of Baltimore’s fastest-growing investment corridors! Currently generating $3,492/month, with income increasing to $5,825/month when fully leased.
Versatile 3-Unit Property – Two commercial suites + a spacious 4BR apartment, all with separate utilities
Stable Cash Flow – Commercial leases secured through 2028 & 2029 with annual rent escalations
Sought-After Location – Steps from Station North, Johns Hopkins, and Remington, all areas seeing rapid growth
Property Highlights
Commercial Spaces: Custom-built by tenants; barbershop tenant since 2016 with added half-bath, high ceilings, laminate flooring, and track lighting. Basement unit features two large rooms, a full bath, storage, and a social space.
Residential Unit: Two-story, 4-bedroom apartment with abundant natural light, high ceilings, oversized living area, in-unit laundry, and modern appliances.
Utilities: Apartment is separately metered with its own gas furnace, central air, and water heater. Commercial units share separate gas-fired systems.
This Old Goucher mixed-use is located just above the dynamic Station North Arts District, a hub for arts and entertainment, and just below Johns Hopkins University Homewood Campus in the Charles Village Historic District, sits in one of Baltimore’s most promising investment corridors. To the west, Remington—one of the city’s fastest-growing neighborhoods—continues to thrive with new restaurants, retail, and residential development.
The Old Goucher Historic District is undergoing a transformation, attracting businesses, creatives, and investors who recognize its potential for long-term growth and appreciation. With ongoing revitalization efforts, increasing rental demand, and proximity to key Baltimore landmarks, the only question is: will you be a part of it?
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,977
Year Built
- Built in 1900
Lot Details
- 2,400 Sq Ft Lot
- Lot Dimensions are 20' x 120'
- Ground Rent of $240 expires in 99 years
Home Design
- Triplex
- Converted Dwelling
- Brick Exterior Construction
- Brick Foundation
Parking
- 3 Parking Spaces
- 3 Off-Street Spaces
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- 3 Units
- Charles North Subdivision
Listing and Financial Details
- Tax Lot 015
- Assessor Parcel Number 0312083810 015
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,934 | $385,500 | $96,000 | $289,500 |
| 2024 | $8,934 | $380,367 | $0 | $0 |
| 2023 | $8,813 | $375,233 | $0 | $0 |
| 2022 | $8,734 | $370,100 | $96,000 | $274,100 |
| 2021 | $7,348 | $311,367 | $0 | $0 |
| 2020 | $5,962 | $252,633 | $0 | $0 |
| 2019 | $4,554 | $193,900 | $84,000 | $109,900 |
| 2018 | $4,576 | $193,900 | $84,000 | $109,900 |
| 2017 | $4,576 | $193,900 | $0 | $0 |
| 2016 | $5,154 | $194,100 | $0 | $0 |
| 2015 | $5,154 | $194,100 | $0 | $0 |
| 2014 | $5,154 | $194,100 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Pending | -- | -- | -- |
| 03/27/2025 03/27/25 | For Rent | $2,400 | 0.0% | -- |
| 03/18/2025 03/18/25 | For Sale | $400,000 | -- | $104 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,000 | Commercial |
Source: Bright MLS
MLS Number: MDBA2160418
APN: 3810-015
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