$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 #MDBA2136270
Price change
$395,000
-8.14%
09/18/2024
Bright #MDBA2136270
Price change
$430,000
-4.44%
09/10/2024
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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