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$370,000

Est. payment - /mo

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8 BD

4 BA

Price Dropped by $5K

400-402 PITMAN PL Baltimore, MD 21202

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Shayna Queen

shayna@shaynaqueenrealestate.com +1(443) 228-6688

UPDATED:

12/17/2024 09:01 PM

Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID MDBA2136270

Style Other

Bedrooms 8

Full Baths 4

HOA Y/N N

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $3,073

Tax Year 2024

Property Description

*INVESTOR ALERT* Zoned for 6 dwelling units, this gutted and framed two-story End-of-Group offers numerous finishing options with significant upside equity for development in the Station North Arts District! The existing structure allows for 4 dwelling units: two 1 Bed / 1 Bath units on the first floor, two 2 Bed / 1 Bath units on the second floor. Two additional 2 Bed / 1 Bath units possible with 3rd floor 27x65 addition. Original zoning plan allowed for a mix of two ground floor commercial units boasting 92' of road frontage and four upper-level dwelling units with a total proposed enclosed space of 4600+ SQFT. Potential gross rental income as a 6-unit of $140,000. Ready for MEPs with an estimated 4-5 month timeline to completion as a 4-unit and 7-8 months as a 6-unit. Building permit, stamped drawings, site plans, residential change, and appraisal with a $1,240,000 completed valuation available upon request

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Natural Gas

Heating None

Cooling None

Fireplace N

Heat Source None

Exterior

Water Access N

Roof Type Rubber

Accessibility None

Garage N

Building

Story 2

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District Baltimore City Public Schools

Others

Senior Community No

Tax ID 0312101111 063

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Listed by Ronald W. Howard • RE/MAX Advantage Realty

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Shayna Queen

Agent | License ID: 5001395

+1(443) 228-6688

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