$1,680,000
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804 N Franklintown Road Baltimore, MD 21216 Municipality: Baltimore City
Single Family
Residence
Beds
Baths
53,631
Sq. Ft.
0.75
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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!! INVESTORS DREAM SHOVEL READY 42-UNIT APARTMENT BUILDING located IN BALTIMORE !! Discover this city approved 42-unit multifamily residential development located at 804 N Franklintown Road, featuring 42 -unit apartments and 33 parking spaces beneath three residential stories. This shovel-ready pr...oject includes detailed architectural drawings, allowing you to secure your own building permits and start construction. All necessary variances have been secured, ensuring this project is ready for permits and for construction. The building is located 3 miles from downtown Baltimore and less than 2 miles to highway 95. This project has a potential to generate a minimum amount of $71,000 up to $84,000 per month and maybe more depending on the final finishes. That's a potential between $1,008,000.00 ANNUALLY!! Please note, the project is currently at the land where a run-down building needs removal to make way for this transformative development opportunity. For your safety, please don't enter the property. Enclosed are renderings and architectural documents for your review and analysis. Seller has hired Jerryn J. McCray, Architect , located in Baltimore to design the project and who is looking forward to collaborate with you to bring this project to completion. Bring us your best offer, as we are looking forward to work with you.
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MLS#
MDBA2133306
Property Type
Single Family
Year Built
1940
Square Feet
53,631
sq. ft
Price per Sq. Ft.
$31.33
Lot Size
0.75
Sewer
Public Sewer
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