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$300,000
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Property Description
Elevate your investment portfolio with these prime apartments located just three blocks from Johns Hopkins University Homewood Campus. With a high demand for rentals from students and faculty, this property offers an exceptional opportunity to upgrade the units and significantly increase rents. Situated in the desirable Charles Village, investors can benefit from long-term wealth growth and property appreciation. Don't miss out on this lucrative chance to capitalize on a thriving rental market! Opportunity is calling for a new owner to upgrade apartments and increase rents at 1 West 27th Street. Located just three blocks from Johns Hopkins University Homewood Campus, enjoy the stable growth and property value appreciation guaranteed by this world-renowned institution. Each floor houses an apartment. Kitchens feature sturdy, easy-to-clean laminate counters, a mix of laminate and wood cabinets, and a mix of 30″ electric and 20″ gas ranges. Sunny, well-lit living spaces could benefit from upgrades such as kitchen and bathroom improvements, drywall ceilings, and new flooring and paint. Rents could be substantially increased, to match an uptick in apartment grade. Heat is provided through a gas-fired Weil-McLain steam boiler, with radiator distribution. A gas-fired 50-gallon GE water heater provides hot water to the units. 1 West 27th Street has one electric meter with 200-amp service, and one gas meter. Currently the landlord pays for electric, gas, and water/sewer. A savvy landlord could increase cash flow by passing these costs along to the tenants. Observable interior water supply pipes are copper, with a steel main. Drain lines are pvc. Vinyl replacement windows help to insulate the building and reduce utility costs. The roof is built-up. Tenants share a clothes washer/dryer in the basement. Tenants can walk to the Charles Village Shopping District, Johns Hopkins University Homewood Campus and Wyman Park, a 16-acre public park by the Baltimore Museum of art. Just one blocks east is the Hopkins Shuttle Stop, providing an easy commute to Hopkins' other Baltimore campuses. 1 West 27th Street earns the designation "Walker's Paradise" with a WalkScore of 92, a TransitScore of 76, and a BikeScore of 87. This block is served by the Charles Village Benefits District. This nonprofit organization helps keep the district clean, organizes security patrols, and hosts community events. Rents at time of Sale: Apartment 1 Vacant; Apartment 2 $820; Apartment 3 $750.
Full Property Details
Full Property Details for 1 W 27th St
General
- Sold For: $300,000
- Taxes: $4,777 (2024)
- Status: Closed
- Type: Triplex
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2133466
- Added to Site: 548 day(s) ago
Parking
- Total Spaces: 1
- Parking Type: Off Street
Location
- Municipality: Baltimore City
- County: Baltimore City
- Development Name: Charles Village
- Subdivision: Charles Village
- Cross Streets: Charles Street
- Driving Directions: GPS
- City Limits: Yes
School Information
- School District: Baltimore City Public Schools
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Converted Dwelling
- Architectural Style: Converted Dwelling
- Structure Type: End of Row/Townhouse
- Construction: Brick
- Foundation: Stone
- Walls/Ceilings: Plaster Walls
- Stories/Levels: 0
- Square Feet: 2,982
- Sq. Ft. Source: Assessor
- Living Area: 2,178 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,200
- Lot Size Source: Estimated
- Lot Dimensions: 15' x 80'
- Zoning: OR-2
Financial Considerations
- Price Per Sq. Ft.: $151.06
- Assessment Year: 2024
- City/TownTax: $4,550
- City/TownTax Freq: Annually
- County Tax: $227
- County Tax Freq: Annually
- Tax w/Assessment: $202,400
- Tax Amount: $4,777
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2178
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: tenants' possessions excluded
- Inclusions: 3 gas ranges; 1 clothes washer & 1 clothes dryer
- Section: 3
- Lot Number: 22
Listed by Ben Frederick Realty, Inc., Will A Cannon III
Sold by Smart Realty, LLC, Kenny Lin
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Schools
Schools serving 1 W 27th St
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
Margaret Brent Elementary School, Baltimore, MD 100 East 26th Street, Baltimore, MD 21218 | PK-8 | 0.1 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 0.8 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 1.3 mi |
Frederick Douglass High School, Baltimore, MD 2301 Gwynns Falls Parkway, Baltimore, MD 21217 | 9-12 | 2 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 2 mi |
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217 | 9-12 | 2.1 mi |
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223 | 9-12 | 2.4 mi |
Digital Harbor High School 1100 Covington Street, Baltimore, MD 21230 | 9-12 | 3.1 mi |
Forest Park High School, Baltimore, MD 3701 Eldorado Avenue, Baltimore, MD 21207 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 W 27th St
Date
Details
Price
Change
Source
1/31/2025
Sold
$300,000
-8.81%
MLS
10/30/2024
Price Reduced
$329,000
-4.64%
MLS
7/22/2024
Listed
$345,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1 W 27th Street, Baltimore, MD 21218 (MLS# MDBA2133466) is a Triplex property that was sold at $300,000 on January 31, 2025. Want to learn more about 1 W 27th Street? Do you have questions about finding other Triplex real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

