Lofts at 1210-1212 St. Paul

For Sale

1210-1212 St. Paul Street, Baltimore, MD 21202

This Baltimore property for sale is located at 1210-1212 St. Paul Street. The current listed sale price for Lofts at 1210-1212 St. Paul is $2,266,200.

Contacts

broker
Justin Verner

Harbor Stone Advisors

broker
Brooks Healy

Harbor Stone Advisors

broker
Tom Wohlgemuth

Harbor Stone Advisors

broker
Shana Sabie

Harbor Stone Advisors

broker
Todd Galvin

Harbor Stone Advisors

Property Details

  • Property Type Other
  • Units 15
  • Additional Rent Contact for pricing
  • Date Updated Dec 20, 2024

1210-1212 Saint Paul St. | Baltimore, MD 21202

Harbor Stone Advisors is pleased to present Lofts at 1210-1212 Saint Paul, a gut renovated multifamily asset located in Historic Mount Vernon. The property is a 3 minute walk away from University of Baltimore and a half mile away from UMMC Midtown Campus. Lofts at 1210-1212 Saint Paul is also a 7-minute walk away from Penn Station, which is undergoing $150 million worth of renovations over the next several years.

The property features 15 apartments with a unit mix of (10) Studios, (1) 1 Br-1 Ba, (2) 1 Br-1.5 Ba, and (2) 2 Br-1 Ba. Typical unit features consist of stainless steel appliances, wood cabinets, hard surface countertops, and hardwood flooring. Lofts at 1210-1212 Saint Paul also has 3 off street parking spaces located behind the building. Prior ownership completed a gut renovation of the property in 2015 which included apartment upgrades as well as new mechanical systems and window replacements.

The opportunity exists for a new owner to organically increase rents at Lofts at 1210-1212 Saint Paul, as they are currently under market. Properties of similar vintage that have undergone renovations of a comparable scope are achieving rents at least $300 higher on average than the Subject property. There is also an opportunity to implement parking fees to tenants as off-street parking is a highly sought after amenity of city living.

99 Walk Score of 517 Cathedral Street Baltimore MD 21201

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Highlights

  • Opportunity to Acquire a Gut Renovated Asset in Historic Mount Vernon
  • Features 15 apartments with a unit mix of (10) Studios, (1) 1 Br-1 Ba, (2) 1 Br-1.5 Ba, and (2) 2 Br-1 Ba
  • Typical unit features consist of stainless steel appliances, wood cabinets, hard surface countertops, and hardwood flooring
  • Property also has 3 off street parking spaces located behind the building
  • Prior ownership completed a gut renovation of the property in 2015 which included apartment upgrades as well as new mechanical systems and window replacements
  • Ability to Organically Increase Rents
  • Opportunity exists for a new owner to organically increase rents
  • Potential to increase rents at least 20% based on nearby rent comparables
  • Ability to implement parking fees to tenants as off-street parking is a highly sought after amenity of city living
  • Located in Historic Mount Vernon; 3 Minute Walk to University of Baltimore
  • Ranked a Walker's Paradise by WalkScore
  • 7-minute walk away from Penn Station, which is undergoing $150 million worth of renovations over the next several years
  • Major area employers nearby: University of Maryland Medical Center Midtown Campus, Maryland State Offices, and Mercy Medical Center
  • Major area colleges nearby: University of Baltimore, Peabody Institute of The Johns Hopkins University, Maryland Institute College of Art (MICA)

Getting around

  • 98/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 80/100

    Bike Score ®

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Location

  • City Baltimore, MD
  • Neighborhood Mount Vernon
  • Zip Code 21202
  • Market Baltimore

Points of Interest

  • Mount Vernon

    0.36 miles

  • Cultural Center

    0.41 miles

  • State Center

    0.48 miles

  • Baltimore Penn Station

    0.54 miles

  • Mount Royal / MICA

    0.59 miles

  • Lexington Market

    0.59 miles

  • Charles Center

    0.69 miles

  • Baltimore Arena

    0.82 miles

  • Shot Tower

    0.84 miles

  • North Avenue

    0.93 miles

  • Carroll Motor Fuels

    0.37 miles

  • Front Street Fuel Station (Government only)

    0.54 miles

  • Gulf

    0.60 miles

  • Marathon

    0.63 miles

  • Exxon

    0.67 miles

  • ChargePoint

    0.80 miles

  • Oceanic

    0.93 miles

  • BP

    0.95 miles

  • US Fuel

    1.00 miles

  • eVgo

    1.21 miles

  • Park PMI

    0.15 miles

  • Lot A

    0.19 miles

  • PNC Bank

    0.21 miles

  • 601 N Calvert Street Garage

    0.22 miles

  • Lot B

    0.24 miles

  • Cathedral Street Lot

    0.28 miles

  • Maryland Avenue Garage

    0.28 miles

  • 1205 Maryland Avenue Public Parking Lot

    0.31 miles

  • Maryland General Hospital Parking Garage

    0.35 miles

  • 15 W. Franklin Street Garage

    0.36 miles

  • Ulysses

    0.05 miles

  • Midtown Inn

    0.10 miles

  • Belvedere

    0.16 miles

  • Revival Baltimore

    0.23 miles

  • Hotel Brexton

    0.24 miles

  • Biltmore Suites Hotel - Park Avenue Building

    0.25 miles

  • The Ivy Hotel

    0.25 miles

  • Biltmore Suites Hotel - Main Building

    0.26 miles

  • Downtown Hotel

    0.33 miles

  • Hotel Indigo

    0.35 miles

  • Eddie's of Mount Vernon

    0.14 miles

  • Po Tung Oriental Grocery

    0.47 miles

  • OK Market & Deli

    0.53 miles

  • Streets Market & Cafe

    0.54 miles

  • Charles Plaza

    0.55 miles

  • 7 Food Market

    0.60 miles

  • Save-A-Lot

    0.77 miles

  • The Gallery at Harborplace

    0.89 miles

  • Pratt Street Pavilion (Harbor Place)

    0.97 miles

  • Marshalls

    0.97 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Lofts at 1210-1212 St. Paul