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Restricted Address BALTIMORE, MD 21213
- Multi-family (5 or more units) / Rent To Own
Property Details for FEDERAL St, BALTIMORE, MD 21213
Features
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Facts
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Description
Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.
Property also available as a Lease with Option. East Baltimore * Oliver Neighborhood * Historical Home * CHAP Credit * LNYW Credit Your Greek Revival historic home features all the embellishments significant during that period while touting all of the amenities of a modern luxury home! Youll delight in the accent of the two historic fireplaces, and other plentiful decorations such as cornices, corbels, lambs tongue, and trim typical during that time. Light was paramount back then so youll have windows aplenty 15 energy efficient 100% wood windows to be exact to keep you awash in natural light, if you so choose! Location! Your home and its sister property 1429 were painstakingly selected by the Developer. The surrounding blocks are well occupied with a diverse collection of professionals. In your immediate proximity are community farms, playgrounds, schools, and coffee shops. John Hopkins Medical Campus is just 1.2 miles away, and Amtrak Baltimore Penn Station is just 1.5 miles away. The Walkscore here is 74 (most errands can be accomplished on foot), the transit score is 71 (excellent transit convenient for most trips), and the bike score is 71 (very bikeable). As an environmentally conscious builder our homes are Smart Home enabled! Use your smart thermostat to automate and remotely manage your home climate, you have motion activated lights in the Master Suite, and can option the smart cameras and alarm system. Your home is a rare jewel in Baltimore with 3 Full Baths and 3 Bedrooms (+ a 4th if you convert the office)! There's plenty of ancillary living space here too with separate family, living, and dining rooms. Hardwood will be present throughout the 1st and 2nd floors with polished decorative cement floors in the basement. You've made a GREAT investment because this beauty qualifies for 2 homeowner credits! Using your CHAP tax credit you'll only pay approximately $472 a year in property taxes for the next 10 years rather than the approximately $4,366 you'd pay annually without it. This means you'll be able to afford a larger mortgage because your escrow fees will be lower! Finally the Live Near You Work incentive makes you eligible for up to $17,000 in contributions from your employer and the City of Baltimore that can be used towards your down payment or closing costs. Find out the specific incentive for your employer here https://livebaltimore.com/live-near-your-work/. Inquiries can be made via our Contact Menu or by calling LaVenus Jordan 301-633-4024 Renderings are based off plans. Slight deviations may occur as required during construction.
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