• 429 E Lafayette Avenue E E BALTIMORE, MD 21202

  • $560,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 1811
    Sqft

Three properties in one! This incredibly rare offering includes 429 E Lafayette Ave, a massive four-level 2-unit dwelling sitting on a wide 19ft lot, as well as the adjacent lots of 431 E Lafayette Ave & 433 E Lafayette Ave, creating an unparalleled 51ft x 95ft oasis in the heart of the Station North Arts and Entertainment District, offering income and equity opportunities. The adjacent lots are in an R8 zoning district, measuring over 1,500 sq. ft. each, and have parking, meeting qualifications for building a two-unit property on each. Located in this sought-after and fast-developing community, which sits next to Penn Station, attracting DC commuters and all types of homebuyers who enjoy the local theaters, galleries, and music venues. This gem of a property fits perfectly into this artistic community, and the side lots would be a trophy space for anyone interested in gathering friends, hosting events, or a private retreat. The rear of the property alone has side-by-side driveway parking for 4-5 cars. 429 E Lafayette is comprised of a 1-2BD 2BA Owner’s Unit on the main and lower floors that have been custom designed by the owner, an artist. Its backroom with a private rear entrance has served as an efficiency-style roommate apartment, and the owner has created an owner's suite living space with an updated artistic kitchen and living area with high ceilings on the main floor, and downstairs bedrooms quarters with a walk-in closet and laundry on the lower level. The upstairs 2-3BD and 1.5 Bathroom apartment is wide and open with luxury vinyl plank flooring. The kitchen boasts granite counters, stainless steel appliances, and a kitchen island leading to your large three-window-wide and 20ft long living room with plenty of space for relaxing and entertaining. Opposite the living space, in the rear of the property, is your third bedroom or office boasting its own ensuite half bathroom. On the top floor, you will find two large bedrooms, a spacious full bathroom, and a larger laundry room with side-by-side washer and dryer and shelving storage. The oversized 14x15ft primary front-facing bedroom has his and her closets and boasts natural light from 3 windows. This is a perfect opportunity for a homeowner or an investment-minded buyer to snap up this property. A buyer can purchase using low-money-down FHA, Conventional, or VA financing, offset their living expenses today by living in one unit and renting the other, and have a nest egg for their financial future with the buildable lots. Zoning info has been pulled from uploaded ‘Rowhouse and multi-family residential districts – permitted and conditional uses’ and tax record information. Buyer must contact zoning office to verify development plans. Don’t miss out on this amazing property! Love it or leave it with our 12-month ‘Buy it Back or Sell it for Free’ guarantee!* Do you have a home to sell? Buy this home, and we will buy yours for cash!* Schedule a tour right now! Property can be shown on weekends only and prior day notice is needed. Please plan ahead.

Property Type :

Multi-Family

Subdivision :

Arts And Entertainment District

County :

BALTIMORE CITY

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Window Treatments

Roof : Flat,Rubber

Exterior Property Features : Secure Storage

Basement Description: Connecting Stairway,Full

Property Appliances: Oven/Range - Electric,Refrigerator,Extra Refrigerator/Freezer,Washer,Dryer

Roofing Information

Flat,Rubber

Heating & Cooling

Cooling: Central A/C

Heating: Forced Air

Cooling Fuel: Electric

Heating Fuel: Electric

Window Information

Window Treatments: Screens

Building Information

Exterior Features: Secure Storage

Year Built: 1917

Structure: Detached

Major Appliances: Oven/Range - Electric,Refrigerator,Extra Refrigerator/Freezer,Washer,Dryer

New Construction: No

Total Units: 2

Built: 1917

Construction Material: Brick

Roof: Flat,Rubber

Foundation/Basement: Brick/Mortar

Architecture: Federal

Pool/Private: No Pool

Roof Type: Flat,Rubber

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Lot Size: 1,811

Lot Size (Acres): 0.04

Architectural Style: Federal

Main Square Feet: 1,811

Property Information

SQ ft: 3,050

SQ ft (Living Area): 2,800

Total Lot SQ ft: 1,811

Subdivision: ARTS AND ENTERTAINMENT DISTRICT

Financing: Conventional,FHA,VA

Total Acreage: 0.04

New Construction: No

Type: Federal

Listing Information

Possession: Settlement

Days Of Market: 20

Tax Information

Annual Tax: $2,989

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $126,667

Virtual Tour

Parking Information

Total Parking Spaces: 4

Parking Type: Driveway

Parking Features: Paved Driveway

Has Garage: N

Multi-Unit Information

Acceptable Financing: Conventional,FHA,VA

Roof: Flat,Rubber

Homeowners Association Information

Direction: GPS

School Information

School District: BALTIMORE CITY PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Electric

Location Information

Direction: GPS

Nearby Home Value

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/29/2024 @ 14:28

MLS: MDBA2114598
LISTED BY: Dimitrios Lynch , ExecuHome Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.25%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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