400-402 Pitman Pl,BALTIMORE, MD 21202
BALTIMORE, MD 21202
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
Details
| MLS # | MDBA2137502 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 316 |
| Listing Provided By | RE/MAX Advantage Realty | John Stockton |
Features
| Units | 4 |
|---|---|
| Zoning | R-8 |
Interior
| Cooling | None |
|---|---|
| Heating | None |
| Fireplace Yes / No | No |
Exterior
| Roof | Rubber |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Brick/Mortar |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 3073 |
| Tax Lot | 063 |
Market Activity 21202
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Learn More About This Property
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21202 |
| Area | BALTIMORE CITY MD |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in 21202) | |
Price: $325,000 low | high Med: $159,000 On site: 316 low | high Med: 217.000000 | |
