Lofts at 1210-1212 St. Paul

1210-1212 St. Paul Street, Baltimore, MD 21202

1210-1212 Saint Paul St. | Baltimore, MD 21202

Harbor Stone Advisors is pleased to present Lofts at 1210-1212 Saint Paul, a gut renovated multifamily asset located in Historic Mount Vernon. The property is a 3 minute walk away from University of Baltimore and a half mile away from UMMC Midtown Campus. Lofts at 1210-1212 Saint Paul is also a 7-minute walk away from Penn Station, which is undergoing $150 million worth of renovations over the next several years.

The property features 15 apartments with a unit mix of (10) Studios, (1) 1 Br-1 Ba, (2) 1 Br-1.5 Ba, and (2) 2 Br-1 Ba. Typical unit features consist of stainless steel appliances, wood cabinets, hard surface countertops, and hardwood flooring. Lofts at 1210-1212 Saint Paul also has 3 off street parking spaces located behind the building. Prior ownership completed a gut renovation of the property in 2015 which included apartment upgrades as well as new mechanical systems and window replacements.

The opportunity exists for a new owner to organically increase rents at Lofts at 1210-1212 Saint Paul, as they are currently under market. Properties of similar vintage that have undergone renovations of a comparable scope are achieving rents at least $300 higher on average than the Subject property. There is also an opportunity to implement parking fees to tenants as off-street parking is a highly sought after amenity of city living.

99 Walk Score of 517 Cathedral Street Baltimore MD 21201

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Attachments

Highlights

  • Opportunity to Acquire a Gut Renovated Asset in Historic Mount Vernon
  • Features 15 apartments with a unit mix of (10) Studios, (1) 1 Br-1 Ba, (2) 1 Br-1.5 Ba, and (2) 2 Br-1 Ba
  • Typical unit features consist of stainless steel appliances, wood cabinets, hard surface countertops, and hardwood flooring
  • Property also has 3 off street parking spaces located behind the building
  • Prior ownership completed a gut renovation of the property in 2015 which included apartment upgrades as well as new mechanical systems and window replacements
  • Ability to Organically Increase Rents
  • Opportunity exists for a new owner to organically increase rents
  • Potential to increase rents at least 20% based on nearby rent comparables
  • Ability to implement parking fees to tenants as off-street parking is a highly sought after amenity of city living
  • Located in Historic Mount Vernon; 3 Minute Walk to University of Baltimore
  • Ranked a Walker's Paradise by WalkScore
  • 7-minute walk away from Penn Station, which is undergoing $150 million worth of renovations over the next several years
  • Major area employers nearby: University of Maryland Medical Center Midtown Campus, Maryland State Offices, and Mercy Medical Center
  • Major area colleges nearby: University of Baltimore, Peabody Institute of The Johns Hopkins University, Maryland Institute College of Art (MICA)

Contacts

broker

Justin Verner

Harbor Stone Advisors

broker

Brooks Healy

Harbor Stone Advisors

broker

Tom Wohlgemuth

Harbor Stone Advisors

broker

Shana Sabie

Harbor Stone Advisors

broker

Todd Galvin

Harbor Stone Advisors

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Transit Score ®

    96/100 Rider's Paradise

  • Bike Score ®

    90/100 Biker's Paradise
Powered by Walk Score ®
  • City Baltimore, MD
  • Neighborhood Mid - Town Belvedere
  • Zip Code 21202
  • Market Baltimore

Points of Interest

  • Mount Royal / University of Baltimore

    0.36 miles

  • Centre Street

    0.56 miles

  • Charles Center

    0.97 miles

  • Shot Tower/Market Place

    1.07 miles

  • Baltimore Arena

    1.08 miles

  • Shot Tower

    1.08 miles

  • Upton

    1.12 miles

  • Camden Station

    1.42 miles

  • Camden Street

    1.45 miles

  • Hamburg Street

    1.74 miles

  • BP

    0.09 miles

  • Marathon

    0.43 miles

  • American Fuel

    0.63 miles

  • Oceanic

    0.67 miles

  • Sunoco

    0.79 miles

  • Gulf

    0.81 miles

  • Exxon

    0.87 miles

  • Carroll Motor Fuels

    0.87 miles

  • eVgo

    0.94 miles

  • Exxon

    1.02 miles

  • 1205 Maryland Avenue Public Parking Lot

    0.12 miles

  • PNC Bank

    0.12 miles

  • Park PMI

    0.15 miles

  • Maryland Avenue Garage

    0.17 miles

  • Penn Station Parking Garage

    0.20 miles

  • Area D

    0.26 miles

  • Symphony Center Parking

    0.28 miles

  • Lot A

    0.35 miles

  • Fitzgerald Garage

    0.35 miles

  • Guest Parking

    0.36 miles

  • The Ivy Hotel

    0.10 miles

  • Downtown Hotel

    0.11 miles

  • Belvedere

    0.13 miles

  • Hotel Brexton

    0.28 miles

  • Biltmore Suites Hotel - Park Avenue Building

    0.44 miles

  • Biltmore Suites Hotel - Main Building

    0.45 miles

  • Revival Baltimore

    0.47 miles

  • Motel 6

    0.56 miles

  • Hotel Indigo

    0.61 miles

  • Hostelling International

    0.70 miles

  • Potbelly

    0.06 miles

  • Thai Landing

    0.06 miles

  • Smoothie King

    0.07 miles

  • Subway

    0.07 miles

  • Chipotle

    0.07 miles

  • Joanne's Grill

    0.07 miles

  • Sammy's Trattoria

    0.08 miles

  • Dodah's Kitchen

    0.08 miles

  • Good Part & Co.

    0.08 miles

  • Aloha Sushi & Bar

    0.09 miles

  • University of Baltimore

    0.17 miles

  • Gordon Plaza

    0.19 miles

  • Baltimore Design School

    0.30 miles

  • Baltimore Montessori Public Charter School

    0.35 miles

  • Saint Frances Academy

    0.36 miles

  • Downtown Baltimore Child Care / Park Avenue

    0.41 miles

  • Baltimore School For The Arts

    0.45 miles

  • Grace and Saint Peters School

    0.46 miles

  • The Peabody Institute of Johns Hopkins

    0.51 miles

  • Midtown Academy

    0.52 miles

  • All My Children Child Care Center

    0.34 miles

  • Bolton Hill Nursery

    0.49 miles

  • Charles Plaza Child Care & Development

    0.78 miles

  • Saint Vincent de Paul Head Start

    0.92 miles

  • Downtown Baltimore Child Care, Inc.

    0.98 miles

  • Headstart, Harford Elementary School Modular

    1.33 miles

  • Homewood Early Learning Center

    1.64 miles

  • Dynamic Deliverance Childcare Center

    2.06 miles

  • Bright Stars Learning Center

    2.34 miles

  • Mema's Early Learning Center LLC, License

    2.35 miles

Frequently Asked Questions

How much does Lofts at 1210-1212 St. Paul cost?

The space currently listed for sale at Lofts at 1210-1212 St. Paul asks for $2,266,200.

What is the total square footage of Lofts at 1210-1212 St. Paul?

Lofts at 1210-1212 St. Paul totals 11,052 square feet.

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