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  • FOR SALE
    $1,680,000

    804 N Franklintown Road
    Baltimore, MD 21216

    Single Family
    Residential
    53,631
    Sq. Ft.
    0.75
    Acre Lot
    Courtesy: Monument Sotheby's International Realty, (443) 746-2090
    Weichert> Maryland> Baltimore> 21216
    !! 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 project 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.
    MDBA2133306
    Residential - Single Family, Other
    1940
    BALTIMORE CITY
    0.75 Acres
    Electric Water Heater, Public Water Service
    Brick
    Public Sewer
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    The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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    Courtesy: Monument Sotheby's International Realty, (443) 746-2090
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