2106 SAINT PAUL ST, Baltimore, MD 21218

• 3,480 sqft

Property Description

2106 St. Paul Street is a fully occupied 7-unit multifamily asset offering a stable and predictable income profile over a five-year hold. Gross rental income is projected to increase from $103,979 in Year 1 to $121,640 by Year 5, based on a conservative 4% annual rent growth assumption. Operating expenses are expected to rise from $41,592 to $48,656, while Net Operating Income increases from $62,387 to $72,984. Over this period, the capitalization rate improves from 8.10% to 9.48%, highlighting the property’s durability and income growth potential. The seller is offering attractive seller financing, allowing buyers to reduce upfront capital requirements, improve cash-on-cash returns, and secure more flexible terms than traditional financing—materially enhancing overall deal economics. The property includes coin-operated laundry for additional income and rear parking slots available, providing operational and revenue benefits. Located in Charles Village, the property has a Walk Score® of 96, indicating that most daily services and amenities are accessible on foot, with proximity to public transportation and established commercial corridors.

Listing Status:

Active

Data Last Updated:

February 8, 2026 at 5:19AM

Listing Office:

Midfield Realty : 4104985408

Listing Agent:

Yaakov Kanevsky : 4103246939

MLS ID:

MDBA2191596

Interior

• Appliances: Oven/Range - GasRefrigerator
• Basement: Other
• Flooring: Hardwood
• A/C: Other
• Heating: RadiatorNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Other

Construction

• Roofing: Built-Up
• General: BrickBrick/Mortar

Location

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

Lot

• Zoning: R-80312083810 033

Utilities

• Utilities: 200 amp service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN