400-402 PITMAN PL Active Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21202
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2137502
Style Other
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
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0312101111 063
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard