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MLS: #MDBA2218406, Listed By: Will Cannon, Ben Frederick Realty, Inc., Source:Bright MLS

2318 N Charles Street

BALTIMORE, MD 21218
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Bed 17

Bed

Bath 0

Bath

SqFt19,518

Sqft

Acres0.28

Acre(Lot)

Rare opportunity to acquire a 20-unit mixed-use portfolio along North Charles Street in Old Goucher. Comprised of four connected buildings with approximately 82 feet of frontage, the property includes 5 commercial spaces, 14 licensed apartments, and 1 unlicensed carriage house apartment with attached garage. The asset has been under the same ownership for approximately 50 years with limited capital improvements, resulting in deferred maintenance and below-market residential rents. Investors may pursue multiple value-creation strategies, including bringing existing apartments to market rents, renovating units over time, re-tenanting commercial spaces, or undertaking more significant property improvements. 80% of the commercial tenants have occupied the property for more than 20 years, pro viding established tenancy along one of Baltimore's primary commercial corridors. Residential units consist primarily of one-bedroom apartments with additional two-bedroom and one-bedroom-with-den layouts. Located in Old Goucher, this value-add opportunity benefits from proximity to Charles Village, Station North, Remington, and Mount Vernon. North Charles Street provides direct connectivity from Towson through Baltimore City and into South Baltimore, supporting both residential and commercial demand. Offered at $67,500 per unit and $69 per square foot, the property is positioned for an investor willing to take on deferred maintenance in exchange for scale, frontage, and upside. The existing configuration supports a value-add approach through rent growth and phased renovations, while the large footprint along North Charles Street may also appeal to buyers considering a more comprehensive redevelopment strategy over time.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,350,000

AD Id : 80306672

MLS Id : MDBA2218406

Beds : 17

Lot Size : 0.28 Acre

Living Area Size : 19,518

Year Built : 1900

County : BALTIMORE CITY

Subdivision: Old Goucher

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Feature Features

  • Bedroom Information

    Total beds: 17
  • Roofing Information

    Rubber
  • Interior Features

    Roof: Rubber Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Hot Water Cooling: None

  • Building Information

    Year Built: 1900 Building Area Total: 21090 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 18' x 150';36' x 150';27'6" x 150 Lot Size Acres: 0.28 Lot Size Source: Estimated Lot Size Square Feet: 12225

    Property Information

    Subdivision: OLD GOUCHER Source Property Type: Residential Income Postal Code Plus 4: 5130 Zoning Description: Licensed for 14 dwelling units with permitted commercial use, including restaurants. One unlicensed apartment above garage. Property SubType: Townhouse Property Age: 126

  • Listing Price Information

    Listing Price: $1350000

  • Tax Information

    Parcel Number: 0312063623 027 Tax Lot: 027 Tax Year: 2025 Annual Tax: $26627

  • Parking Information

    Parking Total: 6 Off Street

  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

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1319 Lakeside Avenue, Baltimore, MD, 21218 $359,999 4 3 1,448 1,448 SqFt
1015 Bonaparte Avenue, Baltimore, MD, 21218 $184,900 2 2 --
1209 Havenwood Road, Baltimore, MD, 21218 $434,950 3 3 2,119 2,119 SqFt
1210 Havenwood Road, Baltimore, MD, 21218 $399,900 3 2 1,664 1,664 SqFt
3915 Ednor Road, Baltimore, MD, 21218 $190,000 3 2 1,600 1,600 SqFt
1140 Montpelier Street, Baltimore, MD, 21218 $15,000 -- -- 1,176 1,176 SqFt
907 Homestead Street, Baltimore, MD, 21218 $299,999 4 3 2,468 2,468 SqFt

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ByOwner last updated this listing 06/11/2026 @ 05:09

MLS: MDBA2218406 LISTED BY: Will Cannon, Ben Frederick Realty, Inc. 410-235-9500 SOURCE: Bright MLS

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