2422 & 2424 N Charles St | 89% Occupied | $59K NOI

2422 & 2424 N Charles St, Baltimore, MD 21218

  • For Sale Contact for pricing
  • Property Type Multi-Family
  • Property Size 6,596 SF
  • Units 8
  • Lot Size 0.1 Acre
  • Date Updated Jun 4, 2025

89% Occupied, Mixed-Use Asset in Prime Location: Strategically located in the heart of Baltimore City near Johns Hopkins University, this property offers 8 apartment units and 1 commercial space—ideal for a value-add investor seeking urban infill opportunities.

$59,000 In-Place NOI with Upside: Stabilized income stream with existing residential and commercial tenants in place; current rents are below market, offering immediate potential to enhance returns through lease-up and rent increases.

Value-Add Opportunity Through Unit Upgrades: Significant upside potential through strategic renovations and capital improvements to further increase rental income and attract higher-quality tenants.

Auctioneer Name:Frank B. Russo Jr

Auctioneer License: AU000002

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Location

Getting Around

  • Walk Score ®

    96/100 Walker's Paradise
  • Transit Score ®

    81/100 Excellent Transit
  • Bike Score ®

    84/100 Very Bikeable
Powered by Walk Score ®
  • City Baltimore, MD
  • Neighborhood Remington
  • Zip Code 21218
  • Market Baltimore

Points of Interest

  • North Avenue

    0.38 miles

  • Mount Royal / MICA

    0.67 miles

  • Baltimore Penn Station

    0.68 miles

  • Cultural Center

    0.92 miles

  • State Center

    1.07 miles

  • Upton

    1.24 miles

  • Penn–North

    1.30 miles

  • Mount Vernon

    1.39 miles

  • Woodberry

    1.60 miles

  • Lexington Market

    1.67 miles

  • Exxon

    0.08 miles

  • Sunoco

    0.15 miles

  • eVgo

    0.17 miles

  • Oceanic

    0.29 miles

  • Carroll Motor Fuels

    0.32 miles

  • Marathon

    0.52 miles

  • Tesla Destination Charger

    0.65 miles

  • Crown

    0.95 miles

  • US Fuel

    0.99 miles

  • SemaConnect

    1.06 miles

  • Brown Rice Parking

    0.14 miles

  • Homewood Garage

    0.23 miles

  • Papermoon Diner

    0.36 miles

  • R. House Parking

    0.40 miles

  • Baltimore Police Department Parking

    0.43 miles

  • Theatre Parking

    0.55 miles

  • Fitzgerald Garage

    0.64 miles

  • Area D

    0.72 miles

  • Penn Station Parking Garage

    0.74 miles

  • Mount Royal Avenue Lot

    0.82 miles

  • Motel 6

    0.39 miles

  • Downtown Hotel

    0.89 miles

  • The Ivy Hotel

    1.01 miles

  • Belvedere

    1.05 miles

  • Hotel Brexton

    1.10 miles

  • Inn at the Collonade

    1.18 miles

  • Ulysses

    1.21 miles

  • Biltmore Suites Hotel - Park Avenue Building

    1.29 miles

  • Biltmore Suites Hotel - Main Building

    1.29 miles

  • Midtown Inn

    1.31 miles

  • Kay's Place

    0.06 miles

  • St. Mary's Restaurant & Bar

    0.07 miles

  • Hibiscus Restaurant

    0.09 miles

  • Paul Chen

    0.14 miles

  • Clavel

    0.14 miles

  • Sister House

    0.14 miles

  • Patro's Pizza

    0.15 miles

  • Rita’s Place

    0.16 miles

  • Nam Kang Restaurant

    0.22 miles

  • American Wings & Pizza

    0.23 miles

  • Career Academy

    0.08 miles

  • Baltimore Lab School

    0.26 miles

  • Margaret Brent Elementary/Middle School

    0.31 miles

  • Johns Hopkins University School of Education

    0.38 miles

  • The Community School

    0.44 miles

  • Dallas F. Nicholas, Sr. Elementary School

    0.45 miles

  • Maryland Institute College of Art

    0.58 miles

  • Midtown Academy

    0.62 miles

  • Mount Royal Elementary-Middle School

    0.63 miles

  • Barclay Elementary School

    0.63 miles

  • Homewood Early Learning Center

    0.70 miles

  • Bolton Hill Nursery

    0.79 miles

  • The Waverly Early Head Start Center of Goodwill

    0.95 miles

  • Play Workz Learning Center

    1.15 miles

  • All My Children Child Care Center

    1.28 miles

  • Sherman Early Childhood Center

    1.28 miles

  • Saint Vincent de Paul Head Start

    1.37 miles

  • Dayspring Head Start Harford Heights

    1.48 miles

  • Bright Stars Learning Center

    1.52 miles

  • Mema's Early Learning Center LLC, License

    1.53 miles

Frequently Asked Questions

How much does 2422 & 2424 N Charles St | 89% Occupied | $59K NOI cost?

The sale price for 2422 & 2424 N Charles St | 89% Occupied | $59K NOI is available upon request. Contact the listing broker for more information.

What is the total square footage of 2422 & 2424 N Charles St | 89% Occupied | $59K NOI?

2422 & 2424 N Charles St | 89% Occupied | $59K NOI totals 6,596 square feet.

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