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100 W North Ave
Baltimore, MD 21201
16unit Mixed-use property inCharlesNorth · Multifamily Property For Sale

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INVESTMENT HIGHLIGHTS

  • Attractive Yield: Purchase at $1.999M with Year 1 NOI ~$166.5K (8.33% going-in cap); projected NOI ~$187.4K by Year 5 (9.37% cap).
  • Property Overview: 16-unit multifamily investment, including 15 residential units (1 one-bedroom, 14 two-bedroom) and 1 commercial space. Eight 2-bedr
  • Prime Location: Situated near major employment centers including MedStar Union Memorial Hospital, UMMC Midtown Campus, and Johns Hopkins University.
  • Upside Through Lease-Up & Growth: EGR grows from ~$277.5K to $312K+ with 3% annual rent growth, stabilized 7.5% vacancy, and market rents trending to
  • Each unit offers central A/C, forced air heating, hardwood floors, granite countertops,individual electric meters, and in-unit laundry machines
  • Transit & Accessibility: Excellent public transit access via CityLink GOLD/Purple and LocalLink 51/94/95.

EXECUTIVE SUMMARY

Welcome to 1900 Maryland Ave (21218) and 100–102 W North Ave (21201)!
This multifamily investment offers 16 total units—15 residential and 1 commercial—presenting a rare opportunity in a strong, centrally located Baltimore corridor. The residential mix includes one 1-bedroom/1-bath unit and fourteen 2-bedroom units, with eight featuring 1 bath and six offering 1.5 baths. Unit 101 includes two additional rooms without windows and highlights the building’s durable brick construction.
Each unit is equipped with central A/C, forced air heating, hardwood flooring, granite countertops, in-unit laundry (select units), and individual electric meters for modern comfort and operational efficiency. The property is also lead-free, ensuring a safe and healthy living environment. Interior upgrades include luxury vinyl plank flooring, stainless steel appliances, and newly updated kitchens and baths.
Its prime location places residents within easy reach of major employment centers, including MedStar Union Memorial Hospital (3 miles), UMMC Midtown Campus (1 mile), and Johns Hopkins University (2 miles), making it highly attractive to working professionals and students alike. For recreation, the property is conveniently near several of Baltimore’s top outdoor destinations—Middle Branch Park (3 miles), Rash Field Park (2 miles), Canton Waterfront Park (4 miles), and Carroll Park (2 miles)—providing abundant options for leisure and wellness.
Additionally, 100 W North Ave (21201) is a commercial unit currently leased to a smoke shop, providing steady income, while 102 W North Ave offers three 2-bedroom, 1-bath residential apartments, enhancing the property’s income diversity and long-term potential.

PROPERTY FACTS

Price / SF $115.17 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 17,365 SF
Total Land Area 0.16 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
The Royalton
100 W North Ave, Baltimore, MD 21201
Multifamily 17,365 SF 1940 -
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  • Listing ID: 38673530

  • Date on Market: 12/5/2025

  • Last Updated:

  • Address:

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