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.
Listed By
Agency Name: Compass
Agency Phone: 7032298935
Shown By
Agent Name: The Jen Feinberg Team
Agent Phone: (717) 215-7112
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 339.14 per month $287.77 Principal & Interest $13.67 Property Tax $37.71 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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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.