400-402 Pitman Pl, BALTIMORE

$370,000

8 Beds
4 Baths
0 Sqft
0 Acres
0 Garages

*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

Essential Information
MLS® #MDBA2136270
Price$370,000
Bedrooms8
Bathrooms4.00
Full Baths4
Acres0.00
Year Built1920
TypeResidential
Sub-TypeEnd of Row/Townhouse
StyleOther
StatusActive
Community Information
Address400-402 Pitman Pl
SubdivisionNONE AVAILABLE
CityBALTIMORE
CountyBALTIMORE CITY-MD
StateMD
MunicipalityBaltimore City
Zip Code21202
Interior
HeatingNone
CoolingNone
# of Stories2
Stories2 Story
Exterior
ExteriorBrick and Siding
RoofRubber
FoundationBrick/Mortar
School Information
DistrictBALTIMORE CITY PUBLIC SCHOOLS
Additional Information
ZoningR-8
Listing Details
OfficeRE/MAX Advantage Realty
Property History
Price Reduced from $375,000 to $370,000
Price Reduced from $395,000 to $375,000
Price Reduced from $430,000 to $395,000
Price Reduced from $450,000 to $430,000
Price Reduced from $475,000 to $450,000
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Listing information last updated on December 21st, 2024 at 8:03pm EST.

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