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2044 Walbrook Avenue

Baltimore MD 21217

6
4700 sq. ft.
1100 sq. ft.
Townhouse
Currently for sale - view listing

Overview

Approved 6-unit redevelopment opportunity. Estimated 3,700 sq. ft. three-level end-of-block building with approval for a 6-unit apartment building. Seller has invested over $60,000 and completed the difficult early-stage work, including full gut-out, new subfloors on the main, second, and third levels, a new roof, and new rear siding. This property was previously in shell condition — you could stand in the basement and see the sky — and it has now been stabilized and is ready for development. Seller has obtained the Mayor’s Office sign-off for the proposed 6-unit use. Approval letter and architectural drawings are available in the document section. Buyer to verify all permits, zoning, construction costs, unit count, rents, and final use. Seller estimates approximately $350,000 is needed to complete the project, with potential rents around $1,100/month per unit and an after-repair value of $700,000+. Seller previously renovated and sold a nearby 6-unit building at 615 N. Carrollton for $900,000. Act now — seller is currently waiting on permit approval and may likely choose to keep the property once permits are issued. Property is being sold strictly As-Is.

Features

6 bedrooms
4700 sq. ft. floor area
1100 sq. ft. lot size
Townhouse

Happy sellers in Baltimore

89%
89% of sellers in Baltimore reported that their sale price either exceeded or met their price expectations.

Baltimore stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Baltimore over the last 12 months.

Local market activity for 6 bedroom townhouses in Baltimore

In the last 12 months, 12 six-bedroom townhouses similar to 2044 Walbrook Avenue, have been sold.

This represents a 31% increase in six-bedroom townhouses sales when compared to the previous 12 months.

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