Bought with Farshad Mohseni • Samson Properties
$275,000
$290,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
1423 W FAYETTE ST W Baltimore, MD 21223
Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDBA2180520
Sold Date 11/25/25
Style Federal
Year Built 1915
Available Date 2025-08-25
Annual Tax Amount $1,770
Tax Year 2024
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Turnkey 3-unit in historic Union Square. Each identical 2BR/1BA unit is 1,002 sq. ft., separately metered, and on fixed year-long leases. Fully occupied, generating $2,918/month with tenants paying their own BGE (owner covers common area). Units 1 & 2 pay their water; Unit 3 excluded.
Strong rental demand with market rents averaging $1,200 per unit offers plenty of value-add potential. Well-positioned near Union Square Park, University of Maryland Medical Center, Biotech Park, downtown Baltimore, I-95, and I-295.
Ideal for investors seeking immediate income with upside, or owner-occupants looking to offset expenses.
Maryland RRSA completed
Location
State MD
County Baltimore City
Zoning R-8
Rooms
Basement Rear Entrance, Full, Partially Finished
Interior
Interior Features Dining Area
Hot Water Electric, Natural Gas
Heating Forced Air
Cooling None
Equipment Stove, Refrigerator
Fireplace N
Appliance Stove, Refrigerator
Heat Source Electric, Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0319140197 012
Ownership Fee Simple
Special Listing Condition Standard
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