400-402 PITMAN PLACE, Baltimore, MD 21202

  • $375,000
400-402 PITMAN PLACE, Baltimore, MD 21202
Active
400-402 PITMAN PLACE, Baltimore, MD 21202
400-402 PITMAN PLACE, Baltimore, MD 21202
  • $375,000

Overview

Property ID: MDBA2136540
  • Commercial Sale
  • Property Type
  • 3000
  • 1920
  • Year Built

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 27×65 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

  • Address 400-402 PITMAN PLACE
  • City Baltimore
  • State/county MD
  • Zip/Postal Code 21202
  • Country US

Details

Updated on November 22, 2024 at 11:24 pm
  • Property ID: MDBA2136540
  • Price: $375,000
  • Property Size: 3000
  • Garage Size: x x
  • Year Built: 1920
  • Property Type: Commercial Sale
  • Property Status: Active

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