5527 Ritter Avenue Unit 2
Baltimore, MD 21206
- – beds
- – baths
- – sqft
- 12,196 sqft lot
Deal of a Lifetime. Seller needs funds for another project and says, "Sell!" The hard work has all been completed, with over $50,000 invested in development work. See uploaded Completed Subdivision, Architectural Drawings, Site Plan, and Plat. The plans are for beautiful townhomes that are 20ft wide, 40ft long, and 3 stories tall. Each townhome includes 4 bedrooms, 3.5 bathrooms, a master suite, laundry, garage, and bonus deck. Smaller new construction townhomes have sold for $400K+ and could easily result in a potential $1,600,000 sell-out. The only reason the seller does not have building permits in hand is that he does not want to start the clock ticking on the construction timeline yet. This is a great opportunity to build today, but it's also cheap enough to buy and hold while prices continue to increase, potentially leading to a larger profit down the road. Don't miss out. Take a look at the uploaded documents! This deal will not sit. Purchases must be cash or equivalent, with non-contingent contracts. Do you have a property to sell? Participate in our Trade-Up Program, and we will buy yours for cash!* Schedule a tour today!
Listing courtesy of BRIGHT / ExecuHome Realty
Last checked:
Checking…
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Last updated Oct 17, 2024
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MLS# MDBA2127418 —
The Building
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Unit Number:2
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Bank Portfolio, Conventional
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Possession:Settlement
Location
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Directions:Off Hamilton Ave.
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Cross Street:Hamilton Ave
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Latitude:39.33829000
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Longitude:-76.53019000
The Property
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Property Subtype:Land
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Property Type:Land
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Current Use:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.28
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Lot Size Source:Estimated
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot Features:Level, Additional Lot(s)
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Lot SqFt:12,196 Sqft
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Additional Parcels:Yes
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Zoning:RESIDENTIAL
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In City Limits:Yes
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Horse:No
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Land Use Code:R
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (410) 960-2949
- Office phone:
- (443) 632-3000
Taxes
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Tax ID Number:0326226019P043B
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Tax Year:2024
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Tax Lot:043B
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Tax Annual Amount:$526
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Tax Assessed Value:$22,300
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Year Assessed:2024
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County Tax:25.00
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City/Town Tax:501.00
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:Public Hook/Up Avail
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Water Source:Public Hook-up Available
Schools
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School District Name:Baltimore City Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Frankford
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HOA:No
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Transportation:Bus Stop less than 1 mile
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/5/24
Jun 5, 2024
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Listed / Active | BRIGHT | $99,500 |