$100,000
2331 E Federal St, Baltimore, MD 21213
- 1Bed
- 1Bath
- 1350SqFt
- 1Bed
- 1Bath
- 1350SqFt
- Property TypeTownhouse
- Year Built1914
- Price per Sqft$74
- On highrises0 Days
Property Details
An established mixed-use building in Baltimore's Broadway East neighborhood. It qualifies for owner-occupant FHA financing since the majority of the building is residential. Get the building + reno money rolled into a single mortgage using FHA's 203k loan program. Seller seeks to rent-back the 1st floor store for $1,000/month for the first 6 months. Bring this retail store back to life or use it as space for your business. The property includes a spacious one-bedroom apartment above the store. The property needs renovation. It is eligible for FHA's 203k renovation loan program. The renovation money is rolled into the loan. Any buyer eligible for a normal FHA mortgage can use it. This is a standard 30-year mortgage program. Assuming a reno budget of $115k, the monthly payments on this mortgage would be $1,625/month. The area has high foot traffic and it offers both stability and growth potential. The foot and vehicle traffic is high enough that a local carwashing business chose this location in summer 2025. Come see it today.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Level: Upper 1
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Thomas Hennerty
- state license#5092
- Brokered by:
- NetRealtyNow.com, LLC
- (703) 581-8605