Residential Land for Sale in Baltimore, Maryland
5527 Ritter Ave Baltimore, MD 21206
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!
Location
- Street Address
- 5527 Ritter Ave
- County
- City of Baltimore
- Community
- Frankford
- School District
- Baltimore City Public Schools
- Elevation
- 95 feet
Property details
- MLS Number
- TREND MDBA2149400
- Date Posted
Property taxes
- Recent
- $526
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Dec 4, 2024 | New listing | $95,500 | — | TREND |