909 North Calvert

This completely renovated 4-unit apartment building was gut renovated in 2004. The one-bedroom, one-bath partments feature cherry hardwood floors and cabinets, large closets, open format designer kitchens, and in-unit washer/dryers.

Purchased through forclosure in 2003, 909 N. Calvert Street was an abandoned 4-unit building with a leaking roof and a history of break-ins by drug users, a blight on an otherwise attractive block in Mt. Vernon. Recognizing the potential of the building, being just blocks from the monument square, a short walk to downtown, and just off both the Johns Hopkins and University of Maryland shuttles, Barrus acquired the building and was able to begin renovating right away using our own in-house construction team, headed by Lawrence Burch, a 30-year veteran of the industry. Work included removal of the unattractive form-stone facade, a complete overhaul of the original brick facade, and careful historically-accurate recreations of the entrance doorway, roof corbels and gingerbread-laced attic vents.

Since accepting it's first new tenants in 2004 the building has been immensely successful, often times developing a waiting list of potential renters during the regular rental season. The tenant base consists primarily of graduate students, resident doctors and nurses from nearby University of Maryland and Johns Hopkins. Rents are currently in the $1,200-$1,400 range.

Neighborhood
Mount Vernon
Size
4 Residential
Acquisition
$115,000
Improvements
$320,000
Present Market Value
$595,000