2527 Saint Paul St - 2527 Saint Paul St, Baltimore, MD 21218

Opportunity to Acquire a Gut-Renovated, Luxury Asset in Charles Village. • Features 18 units with a mix of (6) 1 Br-1 Ba and (12) 2 Br-2 Ba units. • Ten surface parking spaces located behind the building. • Typical unit features include stainless steel appliances, wood cabinets, quartz countertops, hardwood/tile flooring, and in-unit washer/dryers. • Current ownership completed a gut renovation of the property in 2023, which included a complete build-out of all units and common areas, roof replacements, all new mechanical systems, and fire sprinkler system installation. Ability to Organically Increase Rents. • Opportunity exists for a new owner to focus on organic rent growth as some of the existing rents were discounted at lease up. • Similar properties nearby are achieving rents at least $300 higher on average. • Lofts at Saint Paul was also approved for a 10-year CHAP Tax Credit beginning in 2023, which will provide future tax savings for a new owner. Less than 1 Mile Away from Johns Hopkins University (JHU) and MedStar Union Memorial Hospital. • 3-minute walk from a JHU shuttle stop that makes stops at the main university campus, Penn Station, Johns Hopkins Hospital, and the Peabody Institute of the Johns Hopkins University. • Close proximity to neighboring areas such as Old Goucher, Hampden, and Station North. • Major area employers nearby: MedStar Union Memorial Hospital, JHU, University System of Maryland. • Major area colleges nearby: JHU, Maryland Institute College of Art (MICA), Loyola University of Maryland, Morgan State University, University of Baltimore