244 S Exeter St, Baltimore, MD 21202

INVESTOR ALERT! Located in the heart of Little Italy, blocks from Harbor East, Fells Point, and the Waterfront, this approved and fully renovated 4-unit with road front commercial space or the possibility of a 5th unit add. Three spacious above-grade levels: 1 entry-level studio, 1 entry-level front commercial space, 2 second-level studios, and 1 third-level one bedroom w/ den and rear deck. As a C-1 zoned property, an incoming buyer has the option for additional commercial space or for adding a 5th residential unit. Common area access to all units. Improved basement with soon-to-be installed coin-operated washers and dryers. Current washers and dryers are free use. Features wall-to-wall LVP flooring, custom tiling, granite countertops, ductless mini-splits, and a beautiful historic form stone front face. Current gross is $36,600, with a scheduled gross of $62,700 at full occupancy. One lease includes tenant responsibilities for minor interior and exterior property maintenance along with trash removal. One unit has been reserved vacant for FHA / VA buyers or owner occupants though the owner is willing to fill all units for non-owner occupants. Rent roll, lead certs, and rental license available upon request. Owner financing options also available. Appraised at 650k for immediate buyer equity.