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$650,000   Price Analysis
Agent Details  share icon     map icon  QR
1616 Eastern Ave
Baltimore, MD 21231
4 bed 3 bath 1,945 SqFt ($334/SqFt)
0SqFt lot. Built 1890
Listed 2024-07-06, Taxes $4,749
Ⓧ USDA Ineligible
due to location

near Baltimore

Ideal Investment Opportunity in Fell's Point!

Discover an exceptional chance to own a mixed-use property in the bustling heart of Baltimore. Zoned C-1, this versatile property allows for the addition of more apartments above the existing garage or the subdivision of the current structure into multiple units. Perfect for investors and homeowners alike, it features legal zoning and separate metering. The fi rst-floor unit offers a cozy one-bedroom, one-bathroom layout with high ceilings and hardwood floors, creating a welcoming atmosphere.

The expansive two-level apartment on the second floor includes a big eat-in kitchen, a large living area, three bedrooms and two full bathrooms. A rare gem in Fell's Point, this property comes with a three-car garage, providing valuable parking space. Enjoy city views from the two-tiered rooftop deck, perfect for relaxing or entertaining. Just steps from the newly renovated Broadway Market and Atlas Group's Choptank restaurant and two blocks from the Fell's Point waterfront, Sagamore Hotel and Thames Street. With a proven track record as both a long-term rental and Airbnb, this property offers lucratve returns. Don't miss this chance invest in Baltimore's thriving real estate market today!


Presented by Holly Winfield at
Monument Sotheby's International Realty.
Listing Agent Photo

Property MLS #MDBA2131668 from BrightMLS

Bedrooms: 4

Basement

Cooling Features: Window Unit(s)
Heating Features: Radiator
Heating: Yes

Full Bathrooms: 3

Garage Spaces: 3
Garage Features: Garage - Rear Entry
Parking Features: Attached Garage Spaces: 3, Attached Garage
Parking Total: 3

Lot Size Acres: 1.1E-6

View: City

Number of Units: 2
Number of 1 Bedroom Units: 1
Number of 3 Bedroom Units: 1
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 3
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 2

School District: BALTIMORE CITY PUBLIC SCHOOLS

City Springs Elementary School is a public elementary and middle school located approximately 0.3 miles away.
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Mother Seton Academy is a private middle school located approximately 0.2 miles away.
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Paul Laurence Dunbar High School is a public high school located approximately 0.7 miles away.
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Annual Tax Amount: 4772.0
Source Listing Status: Active
County: BALTIMORE CITY
Source Property Type: Multi-Family
Area: BALTIMORE CITY
Source Neighborhood: FELLS POINT HISTORIC DISTRICT
Postal Code Plus 4: 2331
Subdivision: FELLS POINT HISTORIC DISTRICT
Township: Baltimore City
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$122,200 + $80,000
$202,200
$4,749
2022$unknown + $unknown
$199,100
$4,698
2021$unknown + $unknown
$196,000
$4,625
2020$112,900 + $80,000
$192,900
$4,232
2019$112,900 + $80,000
$192,900
$4,211
2018$112,900 + $80,000
$192,900
$4,270
2017$115,400 + $80,000
$195,400
$4,359
2016$unknown + $unknown
$186,933
$4,176
2015$unknown + $unknown
$186,933
$3,983
2013$90,000 + $80,000
$170,000
$4,012
2012$unknown + $unknown
$182,967
$4,046
2011$unknown + $unknown
$173,720
$4,134
2010$unknown + $unknown
$173,720
$4,134
2009$unknown + $unknown
$252,073
$5,999
2008$unknown + $unknown
$250,090
$5,952

Listed 2024-07-06
$650,000
BrightMLS
Listed 2024-06-28
$650,000
BrightMLS
Listing removed 2024-06-21
$0
BrightMLS
Price Changed 2024-05-12
$690,000
BrightMLS
Price Changed 2024-05-10
$692,000
BrightMLS
Price Changed 2024-05-07
$694,000
BrightMLS
Price Changed 2024-05-02
$698,000
BrightMLS
Listed 2024-04-09
$700,000
BrightMLS
Sold 2009-11-18
$145,000
Public Record
Listing removed 2009-06-24
$289,900
MRIS
Listed 2009-04-02
$299,900
MRIS
Sold 2004-09-22
$253,000
Public Record

Total Square Feet Living: 2455
Year Built: 1890
Construction Materials: Brick
Property Age: 134
Structure Type: Interior Row/Townhouse
House Style: Federal
Total Below Grade Area: 510
Architectural Style: Interior Row/Townhouse
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.