400-402 Pitman Place
$395,000
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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
- Listed by John Stockton • RE/MAX Advantage RealtyP: (410)-660-0013 john@greatestmoves.com
Property Details for 400-402 Pitman Place
Tax ID Number
0312101111 063
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleOther
WaterfrontNo
GarageNo
Legal SubdivisionWard 12
MunicipalityBaltimore City
LISTING UPDATED: 10/30/2024 05:19 PM
Property Details for 400-402 Pitman Place
Status | Active |
---|---|
MLS # | MDBA2137502 |
Days on Market | 70 |
Taxes | $3,073 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1920 |
Lot Size | 0.00 AC / 0 SF |
County | Baltimore 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
Property History for 400-402 Pitman Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 | ||
Augusta Fells Savage Institute Of Visual Arts Public9 to 12 | ||
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.
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