456 Pitman Pl - Apartments FOR SALE


Baltimore, MD 21202- Station North Arts District
$675,000 USD
443-414-3338
456 Pitman Pl, Baltimore, MD for Sale
$675,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate


OVERVIEW

* INVESTOR ALERT * Three-story, newly constructed 3600+ SQFT Quadplex with a unit composition of two ground floor commercial spaces complete with fire-rated drywall and full bathrooms, an 1,160 SQFT 4 Bed / 1 Bath on the second level, and a 1,200 SQFT 4 Bed /1 Bath on the upper level, both with washer/dryer connections. 95% complete and ready for finishes to include appliances, condensers, siding, etc. Significant upside equity for development in the Station North Arts District! Zoned R8. ARV of $920,000. Projected annual gross of $109,000. Building permits, stamped drawings, site plans, MEPs, and appraisal are available upon request!

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$186 USD /SF

# OF UNITS

4

PRICE/UNIT

$168,750

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

456 Pitman Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,579 SF

ZONING

R-8

APN/PARCEL ID

1111-091

ASK ABOUT THIS PROPERTY

Ron HowardRon Howard Associates RE/MAX AdvantageMore Info
443-414-3338

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Ron HowardRon Howard Associates RE/MAX AdvantageMore Info
443-414-3338

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.