$745,000

Estimated payment $4,663/month

Total Views 195
-- Bed
-- Bath
3,366 Sq Ft
$221 Price per Sq Ft

Highlights

  • Very Popular Property
  • Forced Air Heating and Cooling System
  • 5-minute walk to Margaret Brent Playground
  • 0.07 Acre Lot

About This Home

Two blocks from Johns Hopkins University with JH shuttle stop at the end of the block – ensures consistent rental demand from students, faculty, and medical professionals.Four 1-bedroom apartments – oversized layouts appeal to long-term tenants and support above-average rents. Fully renovated with spectacular kitchens, bathrooms, wood floors and laundry – desirable finishes attract quality tenants and reduce turnover. Located in one of Baltimore’s most stable rental submarkets – strong tenant demand fuels dependable occupancy and long-term appreciation potential.2740 Saint Paul Interiors:Each of the four fully renovated one-bedroom apartments at 2740 Saint Paul is thoughtfully laid out to maximize space and function. The building underwent a full gut-to-studs renovation in 2017. At approximately 17 feet wide by 80 feet deep, each apartment offers a generous footprint with a practical, well-balanced layout.Apartments 1, 2, and 3 have hardwood floors throughout the living spaces, while the terrace apartment features vinyl plank flooring. All kitchens are outfitted with granite countertops, real wood cabinets, stainless steel sinks, dishwashers, and 30″ electric ranges with ceramic cooktops. Bathrooms feature steel tubs, modern vanities, and ceramic tile tub surrounds and flooring. Three apartments are equipped with stacked washers and dryers, and the terrace unit includes a full-sized washer and dryer. Select units also feature exposed brick.Utilities:This all-electric building has been overhauled with a full sprinkler system and upgraded 400-amp electric service. Each apartment has its own electric heat pump with central air, as well as a 40-gallon electric water heater. The building is separately metered for electric with five total meters. Leases are currently structured so that each tenant pays $35/month toward the water and sewer bill. An additional opportunity exists to lease the two rear parking spaces at $50 per month each.All-electric mechanicals not only simplify operations but also align with growing demand for sustainable housing. With no gas lines to maintain or convert, the building is already compliant with potential future energy regulations.What’s Great About Charles Village?Located just two blocks from Johns Hopkins University and Wyman Park, 2740 Saint Paul sits in the heart of Charles Village—one of Baltimore’s most walkable and well-served rental neighborhoods. A Johns Hopkins shuttle stop is located right at the end of the block, offering tenants direct, no-transfer access to both the Homewood and hospital campuses. The building is also four blocks from the Charles Village Shopping District, home to national retailers like Starbucks, Chipotle, and Barnes & Noble, along with a grocery store and other everyday conveniences. The property lies within the Charles Village Community Benefits District, which provides supplemental sanitation, private security patrols, and neighborhood events—adding to the area’s appeal for students, faculty, and professionals alike.

Last Listed By

Will Cannon

Ben Frederick Realty, Inc. Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,508

Year Built

  • Built in 1900

Lot Details

  • 3,128 Sq Ft Lot
  • Ground Rent of $120 expires in 99 years

Home Design

  • Quadruplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof
  • Rubber Roof

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Private Sewer

Community Details

  • 4 Units
  • Charles Village Subdivision

Listing and Financial Details

  • Tax Lot 015
  • Assessor Parcel Number 0312163841 015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,508

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: ● Two blocks from Johns Hopkins University with JH shuttle stop at the end of the block – ensures consistent rental demand from students, faculty, and medical professionals. ●Four 1-bedroom apartments – oversized layouts appeal to long-term tenants and support above-average rents. ● Fully renovated with spectacular kitchens, bathrooms, wood floors and laundry – desirable finishes attract quality tenants and reduce turnover. ● Located in one of Baltimore’s most stable rental submarkets – strong tenant demand fuels dependable occupancy and long-term appreciation potential. 2740 Saint Paul Interiors: Each of the four fully renovated one-bedroom apartments at 2740 Saint Paul is thoughtfully laid out to maximize space and function. The building underwent a full gut-to-studs renovation in 2017. At approximately 17 feet wide by 80 feet deep, each apartment offers a generous footprint with a practical, well-balanced layout. Apartments 1, 2, and 3 have hardwood floors throughout the living spaces, while the terrace apartment features vinyl plank flooring. All kitchens are outfitted with granite countertops, real wood cabinets, stainless steel sinks, dishwashers, and 30″ electric ranges with ceramic cooktops. Bathrooms feature steel tubs, modern vanities, and ceramic tile tub surrounds and flooring. Three apartments are equipped with stacked washers and dryers, and the terrace unit includes a full-sized washer and dryer. Select units also feature exposed brick. Utilities: This all-electric building has been overhauled with a full sprinkler system and upgraded 400-amp electric service. Each apartment has its own electric heat pump with central air, as well as a 40-gallon electric water heater. The building is separately metered for electric with five total meters. Leases are currently structured so that each tenant pays $35/month toward the water and sewer bill. An additional opportunity exists to lease the two rear parking spaces at $50 per month each. All-electric mechanicals not only simplify operations but also align with growing demand for sustainable housing. With no gas lines to maintain or convert, the building is already compliant with potential future energy regulations. What’s Great About Charles Village? Located just two blocks from Johns Hopkins University and Wyman Park, 2740 Saint Paul sits in the heart of Charles Village—one of Baltimore’s most walkable and well-served rental neighborhoods. A Johns Hopkins shuttle stop is located right at the end of the block, offering tenants direct, no-transfer access to both the Homewood and hospital campuses. The building is also four blocks from the Charles Village Shopping District, home to national retailers like Starbucks, Chipotle, and Barnes & Noble, along with a grocery store and other everyday conveniences. The property lies within the Charles Village Community Benefits District, which provides supplemental sanitation, private security patrols, and neighborhood events—adding to the area’s appeal for students, faculty, and professionals alike.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 4488
  • Living Area Sq Ft: 3366
  • Price Per Sq Ft: 221.33
  • Above Grade Finished Sq Ft: 3366
  • Below Grade Sq Ft: 1122
  • Total Below Grade Sq Ft: 1122
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2740

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Rubber, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.07
  • Lot Dimensions: 17'8" x 184'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3128.00
  • Year Assessed: 2025
  • Zoning: R-8
  • Zoning Description: Licensed for 4 Dwelling Units
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 120.00
  • Ground Rent Pymnt Freq: Semi-Annually
  • Ground Rent Years Remaining: 99
  • Total Actual Rent: 83919.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8508.00
  • Assessor Parcel Number: 0312163841 015
  • Tax Lot: 015
  • Tax Total Finished Sq Ft: 3366
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $8,467 $360,500 $0 $0
2023 $8,333 $354,800 $0 $0
2022 $7,823 $331,500 $90,000 $241,500
2021 $7,757 $328,667 $0 $0
2020 $7,690 $325,833 $0 $0
2019 $7,586 $323,000 $90,000 $233,000
2018 $7,620 $322,867 $0 $0
2017 $7,617 $322,733 $0 $0
2016 $6,230 $322,600 $0 $0
2015 $6,230 $298,400 $0 $0
2014 $6,230 $274,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $745,000 +198.0% $221 / Sq Ft
08/04/2016 08/04/16 Sold $250,000 +4.6% $74 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $239,000 -- $71 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $440,000 --
Deed $157,000 --
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 Commercial
Closed $390,000 Commercial
Previous Owner $100,000 No Value Available
Closed $123,000 No Value Available
Source: Public Records

Source: Bright MLS

MLS Number: MDBA2170040

Bright MLS

APN: 3841-015