807 whitelock st, baltimore, MD 21217

This listing is NOT a foreclosure. Customize Your Dream Home in Historic Reservoir Hill with Built-In Income Potential from a second unit fr a resident owner. This is a rare opportunity to create your ideal home and renovate for likely instant equity in one of Baltimores most vibrant, evolving historic neighborhoods. Located just one block from Druid Hill Park and within walking distance of the highly anticipated Reservoir Square developmentincluding proposed shops, restaurants, and a grocery storethis 2,730 sq. ft. 2-unit property could be renovated as-is with two single-level units but has also been redesigned by seller for transformation and the architectural floor plans will be provided to Buyers with familiar contractor contact info. as a courtesy. The proposed renovation redesigns the building as a spacious private-entrance 3-bedroom, 2.5-bathroom owners residence with private porch and 2nd fl. balcony off of the primary bedroom with a rear-entry 1-bedroom + office, 1.5-bath apartment and parking spaceperfect for generating rental income, housing an au pair or in-law, or establishing a professional office suite. The apartment projected income could offset $200-250K of your ...

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mortgage post-renovation. Compare that to $400K sale price for nearby Reservoir Square new construction similar in size to just the larger of the two designed units. Or maintain the existing structure as two 2-bedroom single-level units. Key Features: balcony, porch, and design includes off-street rear parking; Full basement with updated utility plans to maximize living space; Side staircase and shared entry pad offering functional dual access; architectural floor plans, contractor and masonry bids, engineer report and pest inspector info. and transferable warranty included; Renovation-ready; Eligible for tax credit programs; Perfect candidate for a FHA 203(k) renovation loanand we can connect you to lenders actively seeking this type of project. This property is ready for immediate transformation. One of the Owners, a resident owner in Reservoir Hill, was about to begin construction but, given the rapid transformation of Reservoir Hill, decided to instead list the house for sale to allow the Buyer to customize their design. Whether you want to maintain the existing floor plan or follow the thoughtfully designed plans and tailor finishes like tile, cabinetry, and fixtures to your taste, this is your chance to shape a special custom home. Bring your vision, take advantage of all the groundwork already laid, and build something beautifuljust steps from Druid Hill Park.This MLS Resale home is a townhouse or condo located in BALTIMORE. It offers 0.05 acres in size, 4 beds and 2 baths. Review its detailed information and determine if this BALTIMORE MLS Resale has the qualities you are looking for.  

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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.