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2617 E Fayette Street

Baltimore, MD 21224

– beds
– baths
4,746 sqft
3,087 sqft lot
$84 per sqft
1900 build

What a Fantastic investment opportunity! $133K/Building is an unreal value, and the potential for an 11% CAP Rate is very realistic! 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 set up as a residential apartment a 3 Bedroom 2 Bath apartment with full kitchen and living space, currently vacant and ready to rent. 2617 is the bottom floor of both units set up for office space, but could easily be converted to a residential apartment, it was previously used as commercial space, and has 2 adjoining offices, 1 bathroom, a full kitchen, and a large open space, the opportunities in this space are endless! There is plenty of opportunity to reconfigure as needed, 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 expires September 2025. The roof across all three buildings were done 3 years ago, the furnace in 2619 replaced 3 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, 2615 has a separate gas meter but 2617 & 2619 share 1 gas meter. Buyer to verify potential use. The possibilities with this unique property are endless.

Listing courtesy of BRIGHT / EXIT On The Harbor Realty

Last checked: Checking… • Last updated Dec 13, 2024 •

MLS# MDBA2142342 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1900
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Building Units Total:

3
Structure Type:

End of Row/Townhouse
Architectural Style:

Federal
Accessibility Features:

Other
Foundation Details:

Brick/Mortar
Basement:

Yes
Basement Type:

Unfinished
Total SqFt Source:

Assessor
Total Below Grade SqFt:

2016
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

4746

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

6762
Living Area SqFt:

4,746 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement

Location

Directions:

GPS
Latitude:

39.29430000
Longitude:

-76.57966000

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.07
Lot Size Source:

Assessor
Lot SqFt:

3,087 Sqft
Zoning:

C-1
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

C
Ground Rent Exists:

Yes
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

0306151710 037
Tax Year:

2024
Tax Lot:

037
Tax Annual Amount:

$5,172
Tax Assessed Value:

$219,167
Year Assessed:

2024
County Tax:

245.00
City/Town Tax:

4927.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Baltimore City Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Vacation Rental:

No
Two Bedroom Units:

1
Three Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/6/24 Dec 6, 2024	Price Changed	BRIGHT	$399,900	-11.1%
10/5/24 Oct 5, 2024	Listed / Active	BRIGHT	$450,000

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This multifamily located in Southeastern Baltimore, Baltimore, MD 21224 is currently for sale for $399,900. 2617 E Fayette Street is a 4,746 square foot multifamily with – beds and – baths. 2617 E Fayette Street is in the Southeastern Baltimore neighborhood of Baltimore and has a WalkScore® of 89, making it very walkable. This multifamily is in the attendance area of Frederick Douglass High School, Booker T. Washington Middle School, Vivien T. Thomas Medical Arts Academy, Digital Harbor High School, Benjamin Franklin High School At Masonville Cove, Forest Park High School, Stadium School, Paul Laurence Dunbar High School, Patterson High School, and William Paca Elementary School.

Listing Courtesy of: BRIGHT and EXIT On The Harbor Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.