tomo logo

$1,050,000

Beds
Unknown
sq ft
53,631

804 N Franklintown Rd, Baltimore, MD 21216

804 N Franklintown Rd

BALTIMORE, MD 21216

  • 125 days on market
    • Price drop $630,000↓
Explore this 42-unit multifamily residential development project located at 804 N Franklintown Road in Baltimore, MD. The project is designed to include 42 apartment units and 33 parking spaces. Please note that this property has not yet been constructed. You will need to secure your own building permits to initiate construction. The project comes with detailed architectural drawings and all necessary variances have already been obtained, ensuring it is ready for the permitting process. The site is conveniently located just 3 miles from downtown Baltimore and less than 2 miles from Highway 95. Once completed, this project has the potential to generate monthly revenue between $71,000 and $84,000, or even more, depending on the final finishes. Please do your own due diligence. Please be advised that the property currently features a rundown building that must be removed to facilitate this transformative development opportunity. For your safety, do not enter the property. Enclosed are renderings and architectural documents for your review and analysis. The seller has hired Jerryn J. McCray, an architect based in Baltimore, to design the project and he is looking forward to collaborate with you to bring this vision to fruition. We welcome your best offers and look forward to working with you on this exciting opportunity.

Details

Property type

Single Family Residence

Property condition

New Construction

Lot size

0.75 acres

Price per sq ft

$20

Year built

1940

Annual property taxes

$5,664

HOA

No

Price History

10/01/2024
Bright

Bright #MDBA2133306

Price change
$1,050,000
-37.5%
07/20/2024
Bright

Bright #MDBA2133306

Listed
$1,680,000

Schools & Community

Neighborhood: 

Franklintown Road

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY PUBLIC SCHOOLS

Status: Active

Tomo last checked: 11/22/2024 at 11:25 AM

Listing updated: 10/01/2024 at 4:26 PM

Listed by: Maja Likakis, Monument Sotheby's International Realty Phone #: (443) 746-2090

MLS: Bright #MDBA2133306

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