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Jason Gareau

jason@thejasongareauteam.com +1(609) 929-4486

Listed by Yaakov Kanevsky • Midfield Realty

$ 770,000

Est. payment -/mo

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Active

2106 SAINT PAUL ST Baltimore, MD 21218

3,480 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,480 sqft

Price per Sqft $221

MLS Listing ID MDBA2191596

Style Other

Abv Grd Liv Area 3,480

Year Built 1883

Annual Tax Amount $9,894

Tax Year 2025

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

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.

Location

State MD

County Baltimore City

Zoning R-8

Rooms

Basement Other

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Other

Flooring Hardwood

Equipment Oven/Range - Gas, Refrigerator

Fireplace N

Appliance Oven/Range - Gas, Refrigerator

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Built-Up

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 3480

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0312083810 033

Ownership Other

SqFt Source 3480

Security Features Intercom

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

8

Roland Park Elementary/Middle School

Public | PK - 8
6

Hampden Elementary/Middle School

Public | PK - 8
6

Thomas Johnson Elementary/Middle School

Public | PK - 8
6

Tunbridge Public Charter School

Public | PK - 6
5

Medfield Heights Elementary School

Public | PK - 5
5

Mount Royal Elementary/Middle School

Public | KG - 8
5

Cecil Elementary School

Public | PK - 5
4

KIPP (Knowledge Is Power Program) Harmony

Public | KG - 4
4

Mary Ann Winterling Elementary School at Bentalou

Public | PK - 5
4

John Eager Howard Elementary School

Public | PK - 5
4

Midtown Academy

Public | KG - 8
4

Baltimore Montessori Public Charter School

Public | PK - 5
4

Federal Hill Preparatory School

Public | PK - 5
4

Francis Scott Key Elementary/Middle School

Public | PK - 8
4

Northwood Appold Community Academy

Public | KG - 5
4

Northwood Elementary School

Public | PK - 5
4

Hampstead Hill Academy

Public | PK - 8
4

The Green School

Public | KG - 5
3

New Song Academy

Public | PK - 8
3

Charles Carroll Barrister Elementary School

Public | PK - 5

Middle Schools 16

4

The Crossroads School

Public | 6 - 8
3

Baltimore Leadership School for Young Women

Public | 6 - 12
3

Stadium School

Public | 6 - 8
2

National Academy Foundation

Public | 6 - 12
1

Academy for College and Career Exploration

Public | 6 - 12
1

Booker T. Washington Middle School

Public | 6 - 8
1

New Hope Academy

Public | 6 - 12
1

Baltimore I.T. Academy

Public | 6 - 8
1

The Reach! Partnership School

Public | 8 - 12
1

Afya Public Charter School

Public | 6 - 8
0

Baltimore Montessori Public Charter Middle School

Public | 6 - 8
0

Baltimore Design School

Public | 6 - 10
0

St Ignatius Loyola Academy

Private | 6 - 8
0

Mother Seton Academy

Private | 6 - 8
0

Bluford Drew Jemison STEM Academy Middle School

Public | 6 - 8
0

Woodbourne School at Conrad

Private | 7 - 12

High Schools 20

8

Baltimore Polytechnic Institute

Public | 9 - 12
8

Baltimore School for the Arts

Public | 9 - 12
6

Western High School

Public | 9 - 12
6

Baltimore City College

Public | 9 - 12
5

Paul Laurence Dunbar High School

Public | 9 - 12
3

Coppin Academy

Public | 9 - 12
2

Carver Vocational-Technical High School

Public | 9 - 12
2

Augusta Fells Savage Institute of Visual Arts

Public | 9 - 12
2

Vivien T. Thomas Medical Arts Academy

Public | 9 - 12
1

Frederick Douglass High School

Public | 9 - 12
1

Independence School Local I

Public | 9 - 12
1

Renaissance Academy

Public | 9 - 12
1

Digital Harbor High School

Public | 9 - 12
1

Mergenthaler Vocational-Technical High School

Public | 9 - 12
1

Heritage High School

Public | 9 - 12
0

Baltimore Youth Initiative High School

Private | 9 - 12
0

Baltimore Talent Development

Public | 9 - 12
0

Excel Academy @ Francis M. Wood High School

Public | 9 - 12
0

The Community School

Private | 9 - 12
0

Eager Street Academy

Public | 9 - 12

School and business data provided by Attom Data.

Jason Gareau

Broker | License ID: 18126

+1(609) 929-4486

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Jason Gareau

2106 SAINT PAUL ST Baltimore, MD 21218

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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2106 SAINT PAUL ST