116 W Lee St Baltimore, MD 21201
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About this home
Discover refined city living in this meticulously designed luxury townhouse, perfectly positioned in Baltimore's most coveted downtown neighborhood. This stunning four-story residence seamlessly blends historic charm with contemporary sophistication, offering an unparalleled urban lifestyle just steps from the Inner Harbor, and the city's finest dining and cultural attractions. This beautifully restored 20th-century townhouse showcases hardwood floors, soaring high ceilings, original brick accent walls and oversized windows that flood every room with natural light. Period details including crown molding, and restored fireplaces create an atmosphere of timeless elegance. The chef's dream kitchen features premium countertops, custom cabinetry, top-of-the-line stainless steel appliances and a butlers pantry. The open-concept main level flows effortlessly to the formal dining room to the expansive kitchen area, perfect for both intimate gatherings and entertaining. French doors lead to a private terrace garden, creating a seamless indoor-outdoor living experience. The third-floor master suite is a true sanctuary featuring a spa-like ensuite bathroom , a freestanding soaking tub, and a glass-enclosed rain shower. Custom walk-in closets and a private balcony overlooking the city complete this luxurious retreat. Custom walk-in closets and a private balcony overlooking the city complete this luxurious retreat. Unwind after long days with your personal Sauna room experience, complete with premium cedar construction and professional-grade heating system Additional features include a finished basement with wine cellar, private elevator providing effortless access between all three floors, and brand new flooring installed in 2025. This property features the rooftop terrace with panoramic city views and ample street parking with permits. Situated on a tree-lined cobblestone street with elegant brick sidewalks, this exceptional property offers the perfect balance of urban sophistication and residential tranquility. World-class restaurants, boutique shopping at Harbor East, the renowned Walters Art Museum, and the Baltimore Symphony Orchestra are all within walking distance. Easy access to major highways and MARC stations makes commuting to Washington D.C. This is more than a home – it's your gateway to Baltimore's vibrant urban lifestyle.
Source: BRIGHT #MDBA2182814
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.