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*VIDEO Tour* ~1920 Fleet St~ (21231-Historic Fells Point) UNIQUE! 3-Unit INCOME Property w/Storefront w/Half Bath, 1Bd/1Ba Unit (1 lvl), AND 1Bd/1Ba w/Rooftop Deck (2 lvls)! Rent-to-Own $3,995.00/mo
1920 Fleet St - Rent2Own Option
Baltimore, MD 21231
$3,995 / month
Townhouse
2 bedrooms
2 full baths
1 half bath
2621 sq. ft.
Available now
*Lease with the Option to Buy this entire
20ft wide/60ft deep (rare!) 3-Unit Building!*

Licensed 3-Unit Multi-Family Building in Fells Point National Historic District
- 2621 finished sqft - Townhouse is 20ft wide & 60ft deep (very rare!)
- 3 separate meters and
- 3 separate entrances
Property is gated w/private entrances, has a courtyard, and fire escape
** Be sure to watch the VIDEO TOUR! ***

Option Price = $499,900.00
Option Fee Down Payment (OFDP) = 3% ($14,997.00) to 5% ($24,995.00)
Rent Amount = $3,995.00/mo Total (Net Rent for Optionee only $1,995.00/mo) *

During the lease period, YOU, the Tenant-Buyer/Optionee pay the entire building lease amount of $3,995.00/month and collect $2,000.00/month as follows:
• $750/mo from Unit #1, and
• $1,250/mo from Unit #2.

Unit #1 (Commercial Tenant Occupied)
- Commercial Storefront currently rented for $750.00/month
- This is a 10-yr lease expiring around June 2019 (date to be confirmed)
- Includes a full finished basement w/utility room & ½ bath
- Current tenant uses basement for product/inventory storage & workspace

Unit #2 (Rented)
– 1 bedroom & 1 bathroom apartment
- Remodeled in 2017
- Currently rented for $1,250.00/month
- Occupies the back half of the first floor

Unit #3 (Vacant & Available)
– 1 bedroom & 1 bathroom apartment
- Fully Remodeled in 2018 and is available for $1,995.00/month
- Occupies the 2nd and 3rd floor of the building
- Includes a roof-top deck with 360-degree views of the City!!!
- Includes a walk-in closet, Whirlpool jetted tub, washer & dryer

** EASY Rent-To-Own Terms ***
- Option Price = $499,900.00
- A typical Option Fee Down Payment (OFDP) is usually between 3.0%
and 5.0% of the Option Price. For this property that would be between
$14,997.00 and $24,995.00. This can be flexible for strong applicants.

100% of your Option Fee down payment (OFDP) goes towards the
Option price of the property!

- Rent Amount = $3,995.00/month Total
- Tenant-Buyer/Optionee pays the entire $3,995.00/month and collects
$2,000.00/month from Unit #1 and Unit #2 collectively.
- Therefore, the NET RENT to the Tenant-Buyer/Optionee is only $1,995.00/mo.

Live and work in this amazing Historic Fells Point property that is close to so many amenities and is located a couple of blocks from the waterfront and within the vicinity of Canton and Little Italy.

Enjoy your panoramic 360-degree view from the roof-top deck with views of the Harbor all the way around to the Francis Scott Key Bridge and the yachts in between. The Downtown and northerly views are spectacular as well!

Plenty of shopping and restaurants abound in the surrounding communities. Lots of places to explore!

Schedule a Showing TODAY!

**Please disregard any ad on Craig's List or any other site advertising this
for less than what is posted here. Never wire funds overseas or to anyone
for a property ***
Rooms and Interior
  • Recently rehabbed
  • Open floor plan
  • Hardwood floors
  • Living room
  • Ceiling fans
Kitchen and Bath
  • Kitchen recently updated
  • Granite kitchen counters
  • Hardwood cabinets
  • Stainless steel appliances
  • Dishwasher
  • Refrigerator
  • Stove / oven
  • Microwave
  • Garbage disposal
Utilities and Extras
  • Central heat
  • Central air conditioning
  • Alarm-ready
Building and Surroundings
  • Rooftop deck
Lease Terms
  • Pets negotiable
  • No section 8
$3,995 / month
Townhouse
2 bedrooms
2 full baths
1 half bath
2621 sq. ft.
Available now
Contact
Shannon French - BuyBaltimoreProperties.comBaltimore's Best in Rent-To-Own Homes443.345.4438info@buybaltimoreproperties.com