HUGE OPPORTUNITY! Don't sleep on this value add opportunity. Design and develop this three level (plus basement) blank canvas! There are many options and opportunities available. It's a developer's dream.
Build to suit your individual needs for home and/or investment. There is potential for instant equity and substantial cash flow if used as a multi family property. Live in one unit and rent out the others. (Note: As a triplex, each unit could generate $1,000+ in monthly rent for over of $3,000 income production).
Walk, bike, drive, or rideshare approximately 10 minutes to Downtown Baltimore. The neighborhood has a walk score of over 82. Adjacent to Union Square and Mont Clare, this Carrollton Ridge property is surrounded by impact investments, major community development and redevelopment zones. Recently, there have been multiple renovations on the block! Some of the current attractions nearby include the B&O Railroad museum, and Franklin Square, Downtown/Inner Harbor, Ravens Stadium, Oriole Park, museums, restaurants, Historic Hollins Market, UMD bio-parks. Close proximity to interstate I-95, 295, the MARC train, the airport, casinos and Washington DC.
It's a 5 minute walk or stroll to Union Square Park, SOWEBO Arts Inc, or University of MD Baltimore.
The area is zoned for multifamily and the large lot size leaves ample room for development, outdoor space, garden, etc. Preliminary drawings are available for interested parties. Property is a shell. Buyer is advised to conduct their own due diligence.
Courtesy of Coldwell Banker Realty
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s), the owner of this website, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
©2022 BRIGHT MLS. All rights reserved.
Data last updated 8:42 AM UTC, 6/25/22
