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Commercial > Office
Active
10/05/2024
List Price
$399,900$84/ft²

2617 Fayette St
Baltimore, MD 21224

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  • 2617 Fayette St, Baltimore, MD 21224 is a 4,746 ft² commercial office property property built in 1900 on a 0.070 acre lot with 4 construction permits. This commercial office property is currently for sale for $399,900, and it was last sold in 2022.

    MLS Description

    The listing agent's description. Original Listing

    Gret multi-unit mixed use or full residential property with potential for 10% Cap Rate. 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, 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. The listing price is than $150K/building, which is a great value for the area. Buyer to verify potential use. The possibilities with this unique property are endless.

    Listing Agents

    The listing agent for 2617 Fayette St is Saul Kloper.

    Permits

    2617 Fayette St has 4 permit records.

    Permit History
    4
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    2617 Fayette St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in Patterson Park, Baltimore, MD 21224.

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    Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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