tomo logo

$395,000

Beds
8
Baths
4.0
sq ft
Unknown

400-402 Pitman Pl, Baltimore, MD 21202

400-402 Pitman Pl

BALTIMORE, MD 21202

  • 86 days on market
    • Price drop $35,000↓
*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

Property type

Townhouse

Property condition

New Construction

Lot size

0 sq ft

Price per sq ft

Unknown

Year built

1920

Annual property taxes

$3,073

HOA

No

Price History

10/30/2024
Bright

Bright #MDBA2136270

Price change
$395,000
-8.14%
09/18/2024
Bright

Bright #MDBA2136270

Price change
$430,000
-4.44%
09/10/2024
Bright

Bright #MDBA2136270

Price change
$450,000
-5.26%

Schools & Community

Neighborhood: 

Greenmount West

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY PUBLIC SCHOOLS

Status: Active

Tomo last checked: 11/15/2024 at 9:30 AM

Listing updated: 10/30/2024 at 5:19 PM

Listed by: Ronald W. Howard, RE/MAX Advantage Realty Phone #: (443) 573-9200

MLS: Bright #MDBA2136270

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