$619,000
 $3,323 est/mo Sourced by Back At You

1616 Eastern Ave , Baltimore, MD 21231

Baltimore, MD 21231

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Description

Ideal Investment Opportunity in Fell's Point! Discover an exceptional chance to own a mixed-use property in the bustling heart of Baltimore. Zoned C-1, this versatile property allows for the addition of more apartments above the existing garage or the subdivision of the current structure into multiple units. Perfect for investors and homeowners alike, it features legal zoning and separate metering. The first-floor unit offers a cozy one-bedroom, one-bathroom layout with high ceilings and hardwood floors, creating a welcoming atmosphere. The expansive two-level apartment on the second floor includes a spacious eat-in kitchen, a large living area, three bedrooms, and two full bathrooms. A rare gem in Fell's Point, this property comes with a three-car garage, providing valuable parking space. Enjoy city views from the two-tiered rooftop deck, perfect for relaxing or entertaining. Just steps from the newly renovated Broadway Market and Atlas Group's Choptank restaurant, and two blocks from the Fell's Point waterfront, Sagamore Hotel, and Thames Street. With a proven track record as both a long-term rental and Airbnb, this property offers lucrative returns. Don't miss this chance - invest in Baltimore's thriving real estate market today!

Details

MLS#MDBA2131668
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1890
Days On Site102
Listing Provided ByMonument Sotheby's International Realty | Holly D Winfield

Features

SQ Feet2,455
Garage3
BasementY
ZoningC-1
Property ViewYes

Market Activity 21231

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Learn More About This Property

StateMD
CountyBaltimore City
CityBaltimore
Zip Code21231
Community NameFells Point Historic District
School DistrictBaltimore City Public Schools
Listing VS Median (in Fells Point Historic District)
Price:
$619,000
low | high
Med:
$269,500
100% of Average
SqFt:
2,455
low | high
Med:
1,749
78.757637474542% of Average
$ / SqFt:
$252
low | high
Med:
$157
87.72624624144% of Average
On Site:
102
low | high
Med:
35.500000
100% of Average
Sourced by Back At You
Listing Updated: September 18, 2024 at 2:54:22 AM PDT