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Marjorie Dick Stuart

  • Cell 240-731-8079
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5527 Ritter Ave #2, BALTIMORE, MD – $99,500

  • $99.5k Price
  • .28 Acres
  • 135 DOM
  • $99.5k Price
  • .28 Acres
  • 135 DOM

5527 Ritter Ave #2

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!

Essential Information

  • MLS® #MDBA2127418
  • Price$99,500
  • Bathrooms0.00
  • Acres0.28
  • TypeLand
  • Sub-TypeLand
  • StatusActive

Community Information

  • Address5527 Ritter Ave #2
  • SubdivisionFRANKFORD
  • CityBALTIMORE
  • CountyBALTIMORE CITY-MD
  • StateMD
  • MunicipalityBaltimore City
  • Zip Code21206

Exterior

  • Lot DescriptionLevel, Additional Lot(s)

School Information

  • DistrictBALTIMORE CITY PUBLIC SCHOOLS

Additional Information

  • Date ListedJune 5th, 2024
  • Days on Market135
  • ZoningRESIDENTIAL

Listing Details

  • OfficeExecuHome Realty
  • Office Contact(443) 632-3000
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Listing information last updated on October 18th, 2024 at 12:03am CDT.