Price Reduction
Address
2617 E Fayette Street, Baltimore, MD
Price
$ 540,000
Property Attributes
- MLS#MDBA2117768
- TypeTownhouse
- CountyBALTIMORE CITY
- CityBaltimore
- NeighborhoodHighlandtown
- Zip21224
- StyleFederal
- Year Built1900
- Taxes$ 3703
- Price$ 540,000
- Bedrooms9
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage4746
- Lot Size3,049 SqFt
Data Source:
Bright MLS
Property Description
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!
| Price History | |
|---|---|
| 4/5/2024 | Listed $575,000 |
| 5/11/2024 | 7% - $540,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Possession | Settlement |
| Zoning | C-1 |
| Architectural Style | Federal |
| Construction Materials | Brick |
| Year Built | 1900 |
| Levels | 3 |
| Tax Year | 2023 |
| Percent Ownership | Ground Rent |
| Cool Fuel | Electric |
| Accessibility | Other |
| County | BALTIMORE CITY |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | HIGHLANDTOWN |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-05-11T11:25:57 |
| City | BALTIMORE |
| Buyer Agent Compensation | 2.5 |
| Senior Community Y/N | No |
| Lot Size Square Feet | 3087.00 |
| Tax Assessed Value | 156933.0 |
| Waterfront Y/N | No |
| Street Name | FAYETTE |
| Tax Annual Amount | 3703.0 |
| Structure Type | End of Row/Townhouse |
| Condo/Coop Association Y/N | No |
| Bathrooms Full Main Level | 5 |
| Bathrooms Count Main Level | 5.00 |
| Price Per Sq Ft | 113.78 |
| Vacation Rental Y/N | No |
| Total SQFT | 6762 |
| Days on Market | 37 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | Ward 6 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Unfinished |
| Hot Water | Natural Gas |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 4746 |
| Full Baths | 5 |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| Total Bedrooms | 9 |
| Main Level Bedrooms | 9 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Estimated |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT | 2016 |
| Below Grade Unfin SQFT Source | Estimated |
| Below Grade Finished Area Source | Estimated |
| Above Grade Finished Area Source | Estimated |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 5 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Foundation Details | Brick/Mortar |
| Water View Y/N | No |
| Lot Size Acres | 0.07 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Townhouse Average in 21224
Price
Taxes
Visits
Year Built
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