5527 Ritter Ave #2, BALTIMORE, MD

$95,500

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0.28

Acres

About 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!

Features of 5527 Ritter Ave #2

MLS® # MDBA2149400
Price $95,500
Bathrooms 0.00
Acres 0.28
Type Land
Sub-Type Land
Status Active

Community Information

Address 5527 Ritter Ave #2
Subdivision FRANKFORD
City BALTIMORE
County BALTIMORE CITY-MD
State MD
Municipality Baltimore City
Zip Code 21206

Amenities

Is Waterfront No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description Level, Additional Lot(s)

School Information

District BALTIMORE CITY PUBLIC SCHOOLS

Additional Information

Date Listed December 4th, 2024
Days on Market 42
Zoning RESIDENTIAL
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeExecuHome Realty
Contact Info4436323000

Listing Map

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