Converted Dwelling

● Light rehab opportunity for excellent cash flow in a stable rental market. ● Strong Rental Demand: With 62% of residents in the area renting, and a high share of single-person households, the area supports stable demand for 1-bedroom units. ● Pursue permitting to legalize the 3rd unit or combine two units into a deluxe two-story apartment suite. ● Stable, High-Value Neighborhood: Median home value $420K+ and 90%+ high school graduation rate signal long-term area strength. East Lafayette Interiors: Currently configured as 3 apartments within a legally permitted 2-unit building, this property offers flexible renovation potential. Whether reconfiguring into two compliant units or pursuing a third through the proper permitting process, the layout sets up well for future value. Interiors feature laminate flooring in main living areas, carpeted bedrooms, and ceramic tile in bathrooms. Kitchens are equipped with laminate countertops, wood or laminate cabinetry, and electric ranges. Bathrooms include a mix of pedestal sinks and modern vanities, with one steel tub and two shower stalls, all surrounded by ceramic or fiberglass tile. A stacked washer and dryer is located in Apartment 1. Utilities: The property is serviced by 200-amp electric with four separate electric meters, including one for public service, and a single gas meter. The first floor has electric baseboard heating. The second and third floors are served by a Columbia gas-fired boiler with radiator distribution. The top floor apartment has supplemental baseboard heat. Hot water is supplied by two working 50-gallon, gas-fired water heaters. Interior plumbing includes copper or PVC supply lines with a copper main, and PVC drain lines. Window are mostly vinyl replacements, with some double-pane wood windows in the front units. Why Renovate 210 East Lafayette? Located in Station North —210 East Lafayette offers investors a rare opportunity to renovate in a high-demand rental market with strong neighborhood fundamentals. With a Walk Score of 89, Transit Score of 90, and Bike Score of 84, the location attracts a steady stream of car-free renters drawn to nearby galleries, music venues, and restaurants. Just a quarter mile from the City Arts apartment building—designed specifically as housing for young artists—the property sits at the heart of a creative, culturally vibrant community that continues to grow. With 62% of local residents renting and a high percentage of single-person households, demand for one-bedroom apartments remains strong. The area’s median rent is $1,354, while median home values exceed $420,000—signaling long-term upside in a stable community where over 90% of residents hold at least a high school diploma. Whether configured as two legal units or expanded to three with the proper permits, this property offers both flexibility and value-add potential in a fast-growing section of North Baltimore.