This listing is NOT a foreclosure. Customize a home in Historic Reservoir Hill with Built-In Income Potential from a second unit for a resient 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 development-including proposed shops, restaurants, and a grocery store-this 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 space-perfect 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 mortga
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ge 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 utThis MLS Resale home is a townhouse or condo located in BALTIMORE. It offers 2205.00 sq. ft. in size, beds and 1 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.
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Property Info
Property ID1020522909
Parcel Number13-10-3459 -042
CountyBALTIMORE CITY
Bathrooms1.0
Living Area (sqft)2,730
Year Built01/01/1921
Property TypeTownhouse or Condo
Lot Size2205.00 sq. ft.
Stories2
Total Units1
BasementUnspecified Basement
HeatingRadiant
Roof TypeBuilt-up
Style35
Exterior WallsBrick