$129,300
INVESTOR & DEVELOPER OPPORTUNITY! Unlock the potential of 1425 W Fayette Street, a substantial 3-story Baltimore rowhome offering a unique opportunity to transform a vacant shell into a FOUR-UNIT MULTIFAMILY asset. Significant upfront development work has already been completed, including City support for the proposed conditional-use conversion from a single-family dwelling to four residential units, along with architectural plans for the proposed redevelopment.
The proposed plans feature FOUR 2-bedroom, 2-bath units and approximately 3,352 total square feet including the basement, creating an attractive configuration for a BRRRR, or multifamily redevelopment strategy.
Located in the Franklin Square neighborhood, just one block from the W Baltimore Street commercial corridor, the property is positioned in an area showing continued rehabilitation and reinvestment. The proposed conversion also received support from the Franklin Square Community Association.
The property is currently a vacant shell and requires a complete renovation, making this an ideal opportunity for an experienced investor, developer, or GC looking for a project where substantial planning, zoning, and design work has already been completed.
Architectural plans and supporting zoning/development documentation are available for review. Property is being sold strictly AS-IS. Buyer to independently verify zoning and conditional-use status, permits, final unit configuration and square footage, utilities, construction requirements and costs, potential rents, and all other development information.
1425 W Fayette St W, Baltimore
Listing courtesy of Compass. Contact: (703) 229-8935