1425 W Fayette Street W, Baltimore, MD 21223

$129,300
  • 1425 W Fayette Street W, Baltimore, MD 21223 Main Photo

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MLS#MDBA2228552
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONUNION SQUARE SCHOOLBALTIMORE CITY PUBLIC SCHOOLS

Property Description

INVESTOR & DEVELOPER OPPORTUNITY! Unlock the potential of 1425 W Fayette Street, a substantial 3-story Baltimore rowhome offering a unique opportunity to transform a vacant shell into a FOUR-UNIT MULTIFAMILY asset. Significant upfront development work has already been completed, including City support for the proposed conditional-use conversion from a single-family dwelling to four residential units, along with architectural plans for the proposed redevelopment. The proposed plans feature FOUR 2-bedroom, 2-bath units and approximately 3,352 total square feet including the basement, creating an attractive configuration for a BRRRR, or multifamily redevelopment strategy. Located in the Franklin Square neighborhood, just one block from the W Baltimore Street commercial corridor, the property is positioned in an area showing continued rehabilitation and reinvestment. The proposed conversion also received support from the Franklin Square Community Association. The property is currently a vacant shell and requires a complete renovation, making this an ideal opportunity for an experienced investor, developer, or GC looking for a project where substantial planning, zoning, and design work has already been completed. Architectural plans and supporting zoning/development documentation are available for review. Property is being sold strictly AS-IS. Buyer to independently verify zoning and conditional-use status, permits, final unit configuration and square footage, utilities, construction requirements and costs, potential rents, and all other development information.

1425 W Fayette Street W | MLS# MDBA2228552

This multi-family property located at 1425 W Fayette Street W, Baltimore, MD 21223 is currently listed for sale with an asking price of $129,300. W Fayette Street W is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.jenfeinberg.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Rear Entrance, Daylight, Partial, Space For Rooms, Unfinished, Walkout Stairs, Windows
Cooling: None
Fuel Type: None
Heating: Forced Air
Home Style: Victorian
Lot Size: 0.00 Acre(S)
Roof Type: Rubber
Taxes: $164
Year Built: 1915

Feature Descriptions

Accessibility: 2+ Access Exits,32"+ wide Doors
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Exterior: Sidewalks, Street Lights
Interior: Other, Floor Plan - Traditional
Lot: Backs - Open Common Area
Lot Dimensions: 0.00 Acre(S)
Municipality: Baltimore City
Sewer: Public Sewer
Special View Info: Garden/Lawn
Structure Type: Detached
Total Garage/Parking Spaces: 2
Two Bedroom Units: 4
Units: 1
Water: Public

Local Schools

School District: BALTIMORE CITY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: 7032298935

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Estimated Payment

$ 339.14 per month $287.77 Principal & Interest $13.67 Property Tax $37.71 Homeowner's Insurance

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