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Nick Lutkins

nick@lutkinsgroup.com +1(703) 626-6276

Listed by Dimitrios Lynch • ExecuHome Realty

$75,000

Est. payment - /mo

3,700 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,700 sqft

Price per Sqft $20

Subdivision Mondawmin

MLS Listing ID MDBA2218058

Style Traditional

Abv Grd Liv Area 3,700

Year Built 1920

Annual Tax Amount $307

Tax Year 2025

Lot Size 1,100 Sqft

Acres 0.03

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Approved 6-unit redevelopment opportunity. Estimated 3,700 sq. ft. three-level end-of-block building with approval for a 6-unit apartment building. Seller has invested over $60,000 and completed the difficult early-stage work, including full gut-out, new subfloors on the main, second, and third levels, a new roof, and new rear siding. This property was previously in shell condition — you could stand in the basement and see the sky — and it has now been stabilized and is ready for development. Seller has obtained the Mayor's Office sign-off for the proposed 6-unit use. Approval letter and architectural drawings are available in the document section. Buyer to verify all permits, zoning, construction costs, unit count, rents, and final use. Seller estimates approximately $350,000 is needed to complete the project, with potential rents around $1,100/month per unit and an after-repair value of $700,000+. Seller previously renovated and sold a nearby 6-unit building at 615 N. Carrollton for $900,000. Act now — seller is currently waiting on permit approval and may likely choose to keep the property once permits are issued. Property is being sold strictly As-Is.

Location

State MD

County Baltimore City

Zoning R-8

Rooms

Basement Unfinished

Interior

Hot Water None

Heating None

Cooling None

Fireplace N

Heat Source None

Exterior

Water Access N

Roof Type Flat,Rubber

Accessibility None

Garage N

Building

Foundation Slab

Above Ground Finished SqFt 3700

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0315183211 023

Ownership Ground Rent

SqFt Source 3700

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Nick Lutkins

+1(703) 626-6276

Team Leader, Realtor

2044 WALBROOK AVE Baltimore, MD 21217

Nick Lutkins

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION