MD > Baltimore
Baltimore, MD 21216,804 N FRANKLINTOWN RD
Baltimore, MD 21216,804 N FRANKLINTOWN RD
Baltimore, MD 21216,804 N FRANKLINTOWN RD
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$1,050,000
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53,631 SqFt
Price Dropped by $630K

804 N FRANKLINTOWN RD Baltimore, MD 21216

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Melissa Roswell

Melissa Roswell

+1(856) 904-9502

UPDATED:

10/01/2024 08:24 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 53,631 sqft

Price per Sqft $19

MLS Listing ID MDBA2133090

Style Contemporary

Abv Grd Liv Area 53,631

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $2,933

Tax Year 2024

Lot Size 0.750 Acres

Acres 0.75

Property Description

Explore this 42-unit multifamily residential development project located at 804 N Franklintown Road in Baltimore, MD. The project is designed to include 42 apartment units and 33 parking spaces. Please note that this property has not yet been constructed. You will need to secure your own building permits to initiate construction.

The project comes with detailed architectural drawings and all necessary variances have already been obtained, ensuring it is ready for the permitting process. The site is conveniently located just 3 miles from downtown Baltimore and less than 2 miles from Highway 95.

Once completed, this project has the potential to generate monthly revenue between $71,000 and $84,000, or even more, depending on the final finishes. Please do your own due diligence.

Please be advised that the property currently features a rundown building that must be removed to facilitate this transformative development opportunity. For your safety, do not enter the property.

Enclosed are renderings and architectural documents for your review and analysis. The seller has hired Jerryn J. McCray, an architect based in Baltimore, to design the project and he is looking forward to collaborate with you to bring this vision to fruition.

We welcome your best offers and look forward to working with you on this exciting opportunity.

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Garage Spaces 33.0

Waterfront N

Water Access N

View City

Roof Type Flat

Accessibility Elevator

Parking Type Parking Lot

Total Parking Spaces 33

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District Baltimore City Public Schools

Others

Tax ID 0316212481 003

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Contract, Other

Listing Terms Cash, Contract, Other

Financing Cash,Contract,Other

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Maja Likakis • Monument Sotheby's International Realty

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Melissa Roswell

Agent | License ID: 1540788

+1(856) 904-9502

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804 N FRANKLINTOWN RD

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