2615 East Fayette Street
2615 East Fayette Street
Baltimore, MD 21224
$575,000
Price
9
Beds
5
Baths
4,746 Sq. Ft.
$121 / Sq. Ft.
4,746
Sq. Ft.
$121
per Sq. Ft.
Description
Don't miss out on this amazing opportunity with an assumable FHA loan at 3.24% with a balance of about $270K 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...Don't miss out on this amazing opportunity with an assumable FHA loan at 3.24% with a balance of about $270K 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. Live in one unit and supplement your mortgage with the others! Schedule your tour today!
- Listed by Saul Kloper • EXIT On The Harbor RealtyP: 4109130771 saul@exitontheharbor.com
Property Details for 2615 East Fayette Street
Tax ID Number
0306151710 037
OwnershipGround Rent
Condo Coop AssociationNo
HOANo
Structure TypeEnd of Row/Townhouse
StyleFederal
Levels/Stories3
WaterfrontNo
Location
Listing Courtesy of EXIT On The Harbor Realty
Add your commute
LISTING UPDATED: 04/30/2024 08:20 PM
Property Details for 2615 East Fayette Street
| Status | Active |
|---|---|
| MLS # | MDBA2117768 |
| Days on Market | 28 |
| Taxes | $3,703 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Townhouse |
| MLS Type | Residential / Ground Rent |
| Year Built | 1900 |
| Lot Size | 0.07 AC / 3,087 SF |
| County | Baltimore |
Location
Listing Courtesy of EXIT On The Harbor Realty
Add your commute
Building Information for 2615 East Fayette Street
Stories3Residences-Year Built1900Lot Size0.07 AC / 3,087 SF
Payment Calculator
$3,447 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,138
Property Taxes
$309
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2615 East Fayette Street
Location
Location
- In City Limits: Yes
- School District Name: BALTIMORE CITY PUBLIC SCHOOLS
- School District County ID: 121137830454
- SchoolDistrictSource: Listing Agent
- County: BALTIMORE CITY
Waterfront / Water Access
Waterfront / Water Access
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
- Senior Community: No
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2023
- Tax Assessed Value: $156,933
- City Town Tax: $3,527
- Zoning: C-1
- Automatically Update Tax Values Y/N: No
Rooms
Main
- # Bedrooms Count Main Level: 9
- # Bathrooms Count Main Level: 5
- # Bathrooms Full Main Level: 5
Rooms
- Stories: Main
Financial Information
Expenses
- Income Expense List: Annual Ground Rent
Building Info
Building Info
- Total Finished SQFT: 4,746.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 6,762.00
- Total SQFT Source: Estimated
- Construction Materials: Brick
- Basement Type: Unfinished
- Foundation Details: Brick/Mortar
- Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bedrooms-Main Level-4, Bedrooms-Main Level-5, Bedrooms-Main Level-6, Bedrooms-Main Level-7, Bedrooms-Main Level-8, Bedrooms-Main Level-9, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Full-Main Level-3, Bathrooms Full-Main Level-4, Bathrooms Full-Main Level-5
- # Bathrooms Full: 5
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Source: Estimated
- Parcel ID: 12915469
- Ground Rent Exists: Yes
- Ground Rent Amount: $65
- Ground Rent Payment Frequency: Semi-Annually
- Capitalized Value-Ground Rent: $1,083
Parking
Parking
- Type Of Parking: On Street
Interior Features
Interior Features
- Fireplace: No
- Accessibility Features: Other
Exterior Features
Exterior Features
- Pool: No Pool
Utilities
Utilities
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
Confidential Data
Listing Office
- List Agent AOR: Greater Baltimore Board of REALTORS
Property History for 2615 East Fayette Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2615 East Fayette Street
This home is within Baltimore City Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
William Paca Elementary School PublicPK to 5 | ||
Booker T. Washington Middle School Public6 to 8 | ||
Stadium School Public6 to 8 | ||
Digital Harbor High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Patterson Park Neighborhood
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of EXIT On The Harbor Realty
© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/30/2024 08:20 PM