400-402 Pitman Pl, BALTIMORE, MD

$250,000

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About 400-402 Pitman Pl

*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

Features of 400-402 Pitman Pl

MLS® # MDBA2137502
Price $250,000
Bathrooms 0.00
Acres 0.00
Year Built 1920
Type Multi-Family
Sub-Type Quad, End of Row/Townhouse
Style Other
Status Active

Community Information

Address 400-402 Pitman Pl
City BALTIMORE
County BALTIMORE CITY-MD
State MD
Municipality Baltimore City
Zip Code 21202

Amenities

Is Waterfront No

Interior

Heating None
Cooling None
Has Basement No
Fireplace No

Exterior

Exterior Brick and Siding
Roof Rubber
Foundation Brick/Mortar

School Information

District BALTIMORE CITY PUBLIC SCHOOLS

Additional Information

Date Listed August 28th, 2024
Days on Market 410
Zoning R-8
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Advantage Realty

Listing Map

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