2590 W Fayette St

Baltimore MD 21223

1200 sq. ft.

1000.01 sq. ft.

Townhouse

Currently for sale - view listing

Overview

List price is lender approved, and all contracts will require third party approval. Built in 1915, this Federal-style property offers a unique blend of historic character and modern investment potential, making it an ideal addition to any real estate portfolio.02 acres- On-street parking availableThis property presents a rare opportunity for investors seeking to capitalize on the growing demand for rental units in urban settings. With its strategic location, this townhouse is poised to attract a steady stream of tenants, ensuring consistent cash flow. The compact lot size allows for low maintenance, while the historic architecture adds to the property's charm and appeal. - The Shipley Hill area is known for its vibrant community and proximity to local amenities, making it an attractive location for renters. The potential for high occupancy rates can lead to reliable rental income. - With some renovations and updates, this property can significantly increase its market value and rental rates. Investors can enhance the living spaces to attract higher-paying tenants. - The Federal architectural style offers a unique aesthetic that can be marketed effectively to prospective renters looking for character and charm in their living spaces. - The compact size of the property means lower utility and maintenance costs, maximizing your return on investment. The real estate market in Shipley Hill is on an upward trajectory, with property values steadily increasing. Seize this opportunity to invest in a property that combines historic charm with modern investment potential. Whether you are a seasoned investor or looking to enter the real estate market, this townhouse is a promising choice for generating passive income and building equity. Don't miss out on this chance to enhance your investment portfolio in a thriving neighborhood. Schedule a viewing today and explore the possibilities! Seller requests a minimum deposit of $2,500 and no contingencies.

Features

2 bedrooms

2 bathrooms

1200 sq. ft. floor area

1000.01 sq. ft. lot size

Townhouse

Property history for 2590 W Fayette St

2024

Sold

$70,000

03 May 2024 by Kenneth Hoefer, of Coldwell Banker Realty

2021

Sold

$35,000

12 Mar 2021 by Kareem Alexis, of ExecuHome Realty

2019

Sold

$22,200

27 Dec 2019 by Sebastian Ehreiser, of Conway Real Estate

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