
2814 N Calvert St Baltimore, MD 21218
Charles Village NeighborhoodHighlights
- 0.05 Acre Lot
- Wood Flooring
- Radiator
- Traditional Architecture
- Heating System Uses Steam
- 4-minute walk to Margaret Brent Playground
About This Home
As of July 2022This brick townhome houses two updated apartments, and a third apartment that could be easily renovated to increase value. With upgraded plumbing and electrical systems, and separately metered utilities, 2814 North Calvert provides great bones and a stable start for an investor or owner-occupant buyer. Located just three blocks from Johns Hopkins University Homewood Campus, property values and potential tenant pool are anchored by this world-renowned institution.
The first floor and second floor apartments are upgraded: their kitchens have granite countertops, stainless steel sinks with garbage disposals, gas ranges, and a mix of wood and laminate cabinets. Bathrooms feature stylish sinks, shower stalls, and ceramic tile floors. The majority of windows have been upgraded to double-pane vinyl replacement windows. Refurbished hardwood floors run through these apartments.
The third floor apartment houses a long-term tenant. A new owner could keep the rent low and enjoy the steady income, or upgrade this apartment to increase property value and future rents.
Tenants can utilize the free clothes washer & dryer in the basement. One-car parking is available in the rear. The first floor tenant enjoys a large rear deck.
Each apartment is separately metered for gas and electric. The owner bills the tenants back for public service gas, electric, and water/sewer, maximizing cash flow for the landlord.
2814 North Calvert Street has 400-amp electric service, with 100 amps to each apartment. The water main is copper. Observable supply lines are copper and c-pvc; drain lines are a mix of pvc and steel. Both upper and lower roof are built-up. The apartments are served by one central gas-fired 50 gallon State Select water heater. Heat is provided steam radiators, and a gas-fired Burnham boiler.
Tenants can walk to the Charles Village Shopping District, Johns Hopkins University Homewood Campus and Wyman Park. Just one block south is the Hopkins Shuttle Stop, providing an easy commute to Hopkins’ other Baltimore campuses. 2814 North Calvert Street earns the designation “Walker’s Paradise” with a WalkScore of 92, a TransitScore of 61, and a BikeScore of 87. This block is patrolled by Hopkins campus security, and is served by the Charles Village Benefits District. This nonprofit organization helps keep the district clean, organizes security patrols, and hosts community events.
Investment Summary:
$445,000
$148,333 Per Unit
$161 Per Sq. Ft.
11.6 Times Actual Rent (GRM)
9.7 Times Market Rent (GRM)
7.54% Cap Rate
8.1% Projected Cash-on-Cash Return
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,702
Year Built
- Built in 1902
Lot Details
- 1,968 Sq Ft Lot
- Lot Dimensions are 16' x 123'
- Ground Rent of $90 semi-annually
- Property is in good condition
Home Design
- Triplex
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Plaster Walls
- Built-Up Roof
Interior Spaces
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
Parking
- 1 Parking Space
- 1 Off-Street Space
Utilities
- Radiator
- Heating System Uses Steam
- 200+ Amp Service
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 008
- Assessor Parcel Number 0312163849 008
Community Details
Overview
- 3 Units
- Charles Village Subdivision
Building Details
- Gross Income $45,870
- Net Operating Income $33,535
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Baltimore, MD
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $435,000 | -- | |
Deed | $1,500 | Friedman Jeffrey A |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $427,121 | FHA | |
Previous Owner | $151,000 | New Conventional |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/15/2022 07/15/22 | Sold | $435,000 | -2.2% | $158 / Sq Ft |
05/28/2022 05/28/22 | Pending | -- | -- | -- |
05/11/2022 05/11/22 | For Sale | $445,000 | 0.0% | $161 / Sq Ft |
04/16/2022 04/16/22 | Pending | -- | -- | -- |
04/15/2022 04/15/22 | For Sale | $445,000 | +94.7% | $161 / Sq Ft |
08/04/2015 08/04/15 | Sold | $228,500 | -2.8% | $83 / Sq Ft |
06/30/2015 06/30/15 | Pending | -- | -- | -- |
06/30/2015 06/30/15 | For Sale | $235,000 | -- | $85 / Sq Ft |
Tax History Compared to Growth
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 | $7,242 | $418,400 | $90,000 | $328,400 |
2024 | $7,242 | $374,367 | $0 | $0 |
2023 | $7,796 | $330,333 | $0 | $0 |
2022 | $6,757 | $286,300 | $90,000 | $196,300 |
2021 | $6,702 | $284,000 | $0 | $0 |
2020 | $6,648 | $281,700 | $0 | $0 |
2019 | $6,562 | $279,400 | $90,000 | $189,400 |
2018 | $6,589 | $279,200 | $0 | $0 |
2017 | $6,584 | $279,000 | $0 | $0 |
2016 | $6,298 | $278,800 | $0 | $0 |
2015 | $6,298 | $274,500 | $0 | $0 |
2014 | $6,298 | $270,200 | $0 | $0 |
Agents Affiliated with this Home
-
Seller's Agent in 2022
Tom Fair
Ben Frederick Realty, Inc.
(410) 235-5200
28 in this area
54 Total Sales
-
Buyer's Agent in 2022
Ms. Lola Slater
EXP Realty, LLC
(301) 537-8887
1 in this area
22 Total Sales
-
Seller's Agent in 2015
Ben Frederick
Live BFR, LLC
(410) 752-6400
5 in this area
26 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2041476

APN: 3849-008
- 2743 Saint Paul St
- 2740 Saint Paul St
- 2820 Saint Paul St
- 2741 N Calvert St
- 2700 Saint Paul St
- 2746 Guilford Ave
- 5 E 27th St
- 2737 Guilford Ave
- 2615 N Calvert St
- 312 E 28th St
- 2612 Guilford Ave
- 318 E 28th St
- 2806 Maryland Ave
- 2824 Maryland Ave
- 348 Whitridge Ave
- 349 Ilchester Ave
- 311 E 30th St
- 2517 Saint Paul St
- 2817 N Howard St
- 3022 Guilford Ave