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1628 N Calvert St, 
Baltimore, MD 21202

$450,000


3

Beds


3

Baths


2,640

Sq Ft


Townhouse

Pending

Listed by

Yemurai K Pollard

Monument Sotheby'S International Realty, 4437087074

Last updated:

May 1, 2026, 07:32 AM

MLS#

MDBA2210052

Source:

BRIGHTMLS

About This Home

1628 N Calvert St

Significant Price Refinement ($190,500)! Turnkey triplex opportunity in the heart of Station North offering stabilized income with upside potential. This fully renovated and fully furnished three-unit property features (3) one-bedroom, one-bath apartments with luxury vinyl plank flooring, exposed brick, granite countertops, stainless steel appliances, in-unit laundry, central air, separate gas and electric meters (owner pays water), basement storage, and a rear parking pad accommodating up to four vehicles. The 2025 T12 reflects: • Gross Operating Income: $38,621.57 • Total Operating Expenses: $7,205.40 • Net Operating Income (NOI): $31,416.17 Please note the 2025 income reflects vacancy and turnover periods, along with several one-time expenses including HVAC maintenance, door replacement, and make-ready costs. Current rent roll has improved: • Unit 2: Leased as of early February at $1,450/month • Unit 3: Leased as of early February at $1,450/month • Unit 1: Currently vacant, previously leased at $2,050/month At full stabilization based on prior lease amounts, the property supports approximately $4,950/month, or $59,400 annually in gross rental income. Located steps from Penn Station, near MICA, minutes to I-83 and Downtown, and within walking distance to two Johns Hopkins shuttle stops, this location continues to drive strong rental demand from medical professionals, graduate students, faculty, and downtown employees. Ideal for: • Buy-and-hold investors • Furnished mid-term rental strategy • House hackers seeking income offset • Portfolio investors targeting Station North growth Full T12, expense breakdown, and pro forma analysis available upon request. Situated just steps from the $50,000,000 Penn Station redevelopment, 1628 N Calvert St offers exceptional upside in a rapidly growing corridor. Easy-to-rent units, top-of-market rents, strong appreciation potential, and flexible rental strategies make this an outstanding addition to any portfolio. Schedule your showing today and capitalize on one of Baltimore's most dynamic investment locations. Buyer to pay a short sale negotiation fee of $6,000.00 or 2% of the purchase price, whichever is greater, upon closing. Subject to third party approval. Unit 2 and 3 are currently rented.

Home Facts

Townhouse

3 Baths

3 Bedrooms

Built in 1900

Price Summary

450,000

$170 per Sq. Ft.

MLS #:

MDBA2210052

Last Updated:

May 1, 2026, 07:32 AM

Added:

24 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,640 Sq. Ft.


Structure

Structure

Architectural Style:

Federal

Building Area:

2,640 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

435


Finances & Disclosures

Finances

Price:

$450,000

Price per Sq. Ft:

$170 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.