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EXETER BALTIMORE, MD 21202
- Townhouse or Condo / Owner Financing
Property Details for EXETER St, BALTIMORE, MD 21202
Features
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Facts
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Description
This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.
INVESTOR ALERT! Located in the heart of Little Italy, blocks from Harbor East, Fells Point, and the Waterfront, this approved and fully renovated 4-unit with road front commercial space or the possibility of a 5th unit add. Three spacious above-grade levels: 1 entry-level studio, 1 entry-level front commercial space, 2 second-level studios, and 1 third-level one bedroom w/ den and rear deck. As a C-1 zoned property, an incoming buyer has the option for additional commercial space or for adding a 5th residential unit. Common area access to all units. Improved basement with soon-to-be installed coin-operated washers and dryers. Current washers and dryers are free use. Features wall-to-wall LVP flooring, custom tiling, granite countertops, ductless mini-splits, and a beautiful historic form stone front face. Current gross is $36,600, with a scheduled gross of $62,700 at full occupancy. One lease includes tenant responsibilities for minor interior and exterior property maintenance along with trash removal. One unit has been reserved vacant for FHA / VA buyers or owner occupants though the owner is willing to fill all units for non-owner occupants. Rent roll, lead certs, and rental license available upon request. Owner financing options also available. Appraised at 650k for immediate buyer equity.
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