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About the Listing NRN2 - 3098287
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.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Townhome
MLS ®
MDBA2195622
Year Built
1914
Total Square Footage
1,350
Lot/Acreage
N/A
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1350
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-8
- Roof: Built-Up
- Others:
- Sewer: Private Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $944
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
2331 E Federal St Baltimore, MD 21213
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