2405 Barclay Street offers a unique opportunity for an owner-occupant seeking to build long-term wealth through real estate. By living in one apartment and renting the remaining two, a purchaser can offset a significant portion of the monthly housing expense while benefiting from rental income, principal reduction, and future appreciation.

With three one-bedroom apartments, individual utilities, and below-market rents that offer future upside, the property provides both immediate housing and the opportunity to grow cash flow over time as apartments turn over.

Example Owner-Occupant Financing Scenario*
●3.5% Down Payment
●Purchase Price: $369,000
●Loan Amount: $356,085
●Interest Rate: 6.00%
●30-Year Fixed Mortgage
●Estimated Monthly PITI + Mortgage Insurance: $3,064
●Rental Income from Two Apartments: $2,600/month
●Estimated Monthly Housing Cost for Owner: Approximately $464/month
*Illustrative financing example only. Financing programs, down payment requirements, occupancy requirements, and loan approval vary by lender.

For investors, at $116,667 per unit, 2405 Barclay Street offers a lower-cost opportunity to acquire a three-unit apartment building in one of central Baltimore's most renter-supported neighborhoods. Recent census data indicates that 58% of neighborhood households rent their homes, while the surrounding housing stock remains predominantly single-family, helping support continued demand for apartment housing.

Current rents remain below market, creating an opportunity to increase income as apartments turn over. For an investor utilizing conventional financing with a 20% down payment, the property produces a projected 8.75% capitalization rate and a 10.2% cash-on-cash return at market rents, illustrating the long-term income potential available through market rent alignment.