🚨 Rare Opportunity – 3 Unit Saint Paul St. Full Rehab | Multifamily Townhouse 🚨
⭐ Deal Highlights – 22XX St. Paul St (Fire-Damaged Multifamily Opportunity)
- Asset Type: 3-Unit Historic Multifamily (Value-Add / Redevelopment Play)
- Size: ~6,000–6,500 Sq Ft Above Grade
- Layout: 2 Bed (1st Floor) / 3 Bed (2nd Floor) / 3 Bed (3rd Floor)
- Year Built: 1880s (Solid Masonry Construction)
- Kitchen: Not Updated – Full Renovation Needed
- Bathrooms: Not Updated – Full Renovation Needed
- Year Built: 1880s
- HVAC System: Likely Needs Full Replacement
- Roof: Needs Full Replacement
- Plumbing: Unknown – Updates Needed
- Windows: Damaged/Removed – Replacement Needed
- Utilities: Public Water & Sewer
- Electrical Panel: Full Update Needed
Check the 3d walkthrough here: https://iguideradix.com/vDRXATXFC8UGD1
🏚️ Condition Overview
- Fire Damage: Concentrated in Center of 2nd Floor; Partial Impact to 3rd Floor
- 1st Floor: No Burn – Smoke + Water Damage Only
- Structure: Intact – Masonry + Old-Growth Framing (Minimal Structural Repair Needed)
- Roof: Full Replacement Required
- Windows: Damaged/Removed by Fire Dept
- Interior: Full Gut Required in Fire-Affected Areas
💰 Value-Add Upside
- Reposition Opportunity: Convert from 3 Large Units → 5–6 Units
- Basement Potential: Additional Unit Possible
- Large Floor Plates: Ideal for Reconfiguration
- Projected Rent Upside: ~$4,800 → ~$7,800+/Month
📍 Location Highlights
- Area: Charles Village / Old Goucher Historic District (Arts & Entertainment Zone)
- Not CHAP Restricted: No Historic Approval Required for Renovation
- Strong Rental Demand: Student + Professional Area
⚡ Investor Takeaway
- Structurally sound “shell” with major upside
- Ideal for an experienced value-add investor
- Not a light flip — full reposition play with strong equity potential
💰 Investor Numbers
ARV: $600k – $850k
EMD: $3,000
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🏚️ Recently SOLD COMPS:
📝 Access Policy
- To respect the seller and streamline the process, we prioritize buyers who provide a preliminary offer range, proof of buying criteria, or proof of funds when applicable.
- Showings are limited and offered only to buyers who indicate they are prepared to perform within reasonable proximity to the listed price expectations
📍 INVESTOR DISCLOSURES
- As always, we co-op with all agents
- All offers via our wholesale assignment contract (not a sale of equity).
- Cash / Hard Money / Private Money only.
- Proof of Funds required.
- EMD: $3,000 within 24 hrs of contract acceptance.
- Closing with Lakeside Title Company.
- As-Is sale; buyer to perform due diligence
- Expected settlement: March 30th, 2026
CLICK TO MAKE AN OFFER
📞 Questions Before Submitting an Offer?
Contact our dispositions manager: