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Zoned for 6 dwelling units 400-402 Pitman Pl

6 Unit Block of Flats £336,454 (£56,076/Unit) Baltimore, MD 21202

Executive Summary

*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. The 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

Property Facts

Price £336,454 Building Class B
Price Per Unit £56,076 Lot Size 0.04 AC
Sale Type Investment Construction Status Under Construction
No. Units 6 Building Size 4,600 SF
Property Type Residential Number of Floors 2
Property Subtype Apartment Year Built 2025
Apartment Style Low Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £336,454
Price Per Unit £56,076
Sale Type Investment
No. Units 6
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.04 AC
Construction Status Under Construction
Building Size 4,600 SF
Number of Floors 2
Year Built 2025
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Dishwasher
  • Disposal
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • Walk-Up
1 of 1
Walk Score ®
Very Walkable (89)
Transit Score ®
Rider's Paradise (91)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-10-1111-064
  • 12-10-1111-063
 Improvements Assessment £83,096
Land Assessment £18,779 Total Assessment £144,988

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-10-1111-064
  • 12-10-1111-063
Land Assessment
£18,779
Improvements Assessment
£83,096
Total Assessment
£144,988

zoning

Zoning Code R-8 (Allows for single-family semi-detached housing, single-family attached townhouses, and multi-family housing)
R-8 (Allows for single-family semi-detached housing, single-family attached townhouses, and multi-family housing)
(443) 414-3338

  • Listing ID: 33052386

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: 400-402 Pitman Pl, Baltimore, MD 21202

The Station North Arts District Residential Property at 400-402 Pitman Pl, Baltimore, MD 21202 is currently available. Contact Ron Howard Associates RE/MAX Advantage for more information.

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© 2024 CoStar Group

Zoned for 6 dwelling units | 400-402 Pitman Pl
(443) 414-3338 x

Zoned for 6 dwelling units | 400-402 Pitman Pl

Ron Howard

(443) 414-3338

(443) 414-3338

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