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5527 Ritter Avenue

Baltimore MD 21206

10000 sq. ft.
Land
Currently for sale - view listing

Overview

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

10000 sq. ft. lot size
Land

Happy sellers in Baltimore

<50%
Less than 50% of sellers in Baltimore reported that their sale price either exceeded or met their price expectations.

Baltimore stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Baltimore over the last 12 months.

Local market activity for land plots in Baltimore

In the last 12 months, 4 land plots similar to 5527 Ritter Avenue, have been sold.

This represents a 100% decrease in land plots sales when compared to the previous 12 months.

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