2617 E FAYETTE ST BALTIMORE, MD 21224

Features

• Price/sqft: $113
• Lot Size: 3087 sq. ft.
• Total Units: 1
• Total Rooms: 11
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
• Stories: 200
• Heating: Forced Air Heating
• Construction Type: Brick

Facts

• Year Built: 01/01/1900
• Property ID: 881901938
• MLS Number: MDBA2117768
• Parcel Number: 06-15-1710 -037
• Property Type: Commercial
• County: BALTIMORE CITY
• Legal Description: 42X73-6
• Zoning: C-1
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Don't miss out on this amazing opportunity with an assumable FHA loan at 3.24% with a monthly payment of $2198! The property consists of three row homes 2615, 2617, & 2619 E Fayette St. The units at 2615 & 2617 E Fayette are combined where 2615 is the entire top floor of both units, and 2617 is the bottom floor of both units. Building 2615 is a 3 Bedroom 2 Bath apartment with full kitchen and living space, currently vacant and ready to rent. Building 2617 was previously used as commercial space, and has 2 adjoining bedrooms/offices, 1 bathroom, a full kitchen, and a large open space. So, there is plenty of opportunity to reconfigure as needed for either commercial or residential use, it could possibly be divided into two spaces, it is currently vacant. Building 2619 is a 4 bedroom 2 bathroom row home with a standard configuration, and this unit is rented for $1850/month and the lease is Month to Month. The roof across all three buildings were done 2 years ago, the furnace in 2619 replaced 2 years ago, the furnace in 2615 is 4 years old, new windows were installed in the basement. The sewer line for 2617 was replaced last year and the lines for 2615 have been updated to PVC within the last few years. There is 1 electric meter for all three units and 1 water bill for all three, 2617 has a separate gas meter but 2615 & 2619 share 1 gas meter. Rents could easily be attained between $1800 - $2000 per unit or more. The listing price is less than $200K/building, which is a great value for the area. Zoning is C-1, Buyer to verify potential use. Live in one unit and supplement your mortgage with the others! Schedule your tour today!