30 E 25TH STREET

BALTIMORE, MD 21218

Financial Highlights This 21-unit East Baltimore portfolio currently generates a Day One cap rate of 7.8%, with potential to reach 10–12% at market rents. Average rents are $1,020 per unit versus market rents of $1,250–$1,350, creating roughly $4,600/month ($55,000/year) in upside. The portfolio includes two fully leased commercial suites and several vacant residential units ready for lease-up. Property Highlights The portfolio comprises six properties with 12 one-bedroom units, five two-bedroom units, two studios, and two commercial spaces. Many units, especially on McCulloh Street, are move-in ready with central air, updated kitchens and bathrooms, hardwood floors, and in-unit washers/dryers. Kitchens feature modern appliances, and parking is available on-street, with 1918 McCulloh St offering a detached garage. 30 E 25th St is a mixed-use building combining residential and commercial income. Location Highlights The McCulloh Street properties (21217) serve 31,000+ residents with access to Bolton Hill Plaza, Mondawmin Mall, Druid Hill Park, and State Center Metro. 30 E 25th St in Charles Village reaches 8,200+ residents near the Baltimore Museum of Art, Waverly Farmers Market, and Penn Station. 2405 Barclay St is in Barclay/Harwood, home to 5,800+ residents near North Avenue Light Rail and Station North Arts District. Institutional anchors include Johns Hopkins University (30,500+ students, 27,000 employees), Johns Hopkins Hospital (30,000+ employees), and University of Maryland system (6,600+ students, 17,000+ faculty/staff).

Listing courtesy of Midfield Realty



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