1628 N CALVERT ST, Baltimore, MD 21202

• 3 beds |
• 3 baths |
• 2,640 sqft

Property Description

Significant Price Refinement ($37,500)! 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.

Listing Status:

Active

Data Last Updated:

April 2, 2026 at 2:20PM

Listing Office:

Monument Sotheby's International Realty : 4437087074

Listing Agent:

Yemurai K Pollard : 6109067182

MLS ID:

MDBA2203280

Interior

• General: Bathroom - Stall ShowerCeiling Fan(s)Floor Plan - OpenFloor Plan - TraditionalRecessed LightingSkylight(s)Wood Floors
• Appliances: Built-In MicrowaveDishwasherIcemakerOven/Range - ElectricRefrigeratorStainless Steel AppliancesWasher/Dryer StackedWaterHeater
• Laundry: Washer In UnitDryer In Unit
• Basement: Partially finished
• Flooring: Ceramic tileHardwoodLuxury vinyl plank
• A/C: OtherCeiling Fan(s)Central A/C
• Heating: CentralElectric
• Disability Feature: None

Exterior

• General: SidewalksAbove GradeBelow Grade
• Style: Federal
• Other Structures: Deck
• Parking: Parking Space ConveysPaved Parking

Construction

• General: Brick4Other

Location

• Originating MLS: BRIGHT_MAIN
• School District: BALTIMORE CITY PUBLIC SCHOOLS
• County: BALTIMORE CITY-MD

Lot

• Zoning: OR-10312100428 023
• View: Street

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN