2615-2617-2619 E Fayette St, BALTIMORE

$575,000

9 Beds
5 Baths
4,746 Sqft
.07 Acres
0 Garages

Don't miss out on this amazing opportunity with an assumable FHA loan at 3.24% and 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!

Essential Information
MLS® #MDBA2117768
Price$575,000
Bedrooms9
Bathrooms5.00
Full Baths5
Square Footage4,746
Acres0.07
Year Built1900
TypeResidential
Sub-TypeEnd of Row/Townhouse
StyleFederal
StatusActive
Community Information
Address2615-2617-2619 E Fayette St
SubdivisionHIGHLANDTOWN
CityBALTIMORE
CountyBALTIMORE CITY-MD
StateMD
MunicipalityBaltimore City
Zip Code21224
Interior
HeatingForced Air
CoolingCentral A/C
Has BasementYes
BasementUnfinished
# of Stories3
Stories3
Exterior
ExteriorBrick and Siding
FoundationBrick/Mortar
School Information
DistrictBALTIMORE CITY PUBLIC SCHOOLS
Additional Information
ZoningC-1
Listing Details
OfficeEXIT On The Harbor Realty
Office Contact4109130771
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Listing information last updated on May 7th, 2024 at 5:45am EDT.

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