400-402 Pitman Place

Baltimore, MD 21202

$395,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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
  1. Listed by John Stockton • RE/MAX Advantage Realty
    P: (410)-660-0013 john@greatestmoves.com

Property Details for 400-402 Pitman Place

Tax ID Number
0312101111 063
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Legal Subdivision
Ward 12
Municipality
Baltimore City
LISTING UPDATED: 10/30/2024 05:19 PM

Property Details for 400-402 Pitman Place

StatusActive
MLS #MDBA2137502
Days on Market70
Taxes$3,073 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.00 AC / 0 SF
CountyBaltimore Independent City

Building Information for 400-402 Pitman Place

Stories-Residences4Year Built1920Building Size-Lot Size0.00 AC / 0 SF

Property Information for 400-402 Pitman Place

Location
Location
  • In City Limits: Yes
  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS
  • School District County ID: 121137830454
  • SchoolDistrictSource: Listing Agent
  • County: BALTIMORE CITY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $130,200
  • Year Assessed: 2024
  • County Tax: $146
  • Improvement Assessed Value: $106,200
  • City Town Tax: $2,927
  • Land Assessed Value: $24,000
  • Clean Green Assessed: No
  • Land Use Code: R
  • Section: 10
  • Zoning: R-8
  • Tax Lot: 063
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Year Major Reno Remodel: 2024
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 12953407
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: None
  • Heating Fuel: None
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Baltimore Board of REALTORS

Property History for 400-402 Pitman Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 400-402 Pitman Place

This home is within Baltimore City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Dallas F. Nicholas Sr. Elementary School
PublicPK to 5

Booker T. Washington Middle School
Public6 to 8

Vivien T. Thomas Medical Arts Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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400-402 Pitman Place is a multi-family home for sale in Baltimore, MD 21202. This property was listed for sale on August 28, 2024 by RE/MAX Advantage Realty, it's currently listed at $395,000. This listing's school district is Baltimore City Public Schools. Nearby schools include Dallas F. Nicholas Sr. Elementary School, Booker T. Washington Middle School and Augusta Fells Savage Institute Of Visual Arts. 400-402 Pitman Place is a 0-bed, 0-bath, multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Advantage Realty

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/30/2024 05:19 PM