#MDBA2147848, Sharon A Fraser, Listing Office: ExecuHome Realty
$4,156
closing credit¹
400-402 Pitman Pl Baltimore, MD 21202
Property details
About 400-402 Pitman Pl
*INVESTOR ALERT* Zoned for 6 dwelling units, this gutted and framed two-story End-of-Group offers numerous finishing options with significant upside equity for development in the Station North Arts District! The existing structure allows for 4 dwelling units: two 1 Bed / 1 Bath units on the first floor, two 2 Bed / 1 Bath units on the second floor. Two additional 2 Bed / 1 Bath units possible with 3rd floor 27x65 addition. Original zoning plan allowed for a mix of two ground floor commercial units boasting 92’ of road frontage and four upper-level dwelling units with a total proposed enclosed space of 4600+ SQFT. Potential gross rental income as a 6-unit of $140,000. Ready for MEPs with an estimated 4-5 month timeline to completion as a 4-unit and 7-8 months as a 6-unit. Building permit, stamped drawings, site plans, residential change, and appraisal with a $1,240,000 completed valuation available upon request
Highlights
(ACTIVE)
Summary
- MLS Number: MDBA2137502
- MLS Name: BRIGHT
- Office Name: RE/MAX Advantage Realty
- Office Phone: (443) 573-9200
- Listing Agent: John Stockton
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Last updated on: 2/13/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of property](/homes/listing-images/51529430_S0366/S0366/S0366-R0100/803318168012/803318168012-1.jpg?version=1724885759&width=640)
$350,000
400-402 Pitman Pl
$4,156
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Dallas F. Nicholas, Sr. Elementary School
Public District PK-5
0.4 mi
•201 E 21st St
3
Cecil Elementary School
Public District PK-5
0.4 mi
•2000 Cecil Ave
3
Johnston Square Elementary School
Public District PK-5
0.5 mi
•1101 Valley St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,583. Residents of Baltimore, MD typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 400-402 Pitman Pl in Baltimore, MD and zip code 21202 in the Greenmount West neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $350,000.
While more than 158 listings in Baltimore, MD in January 2025 were sold above asking price, there were more than 116 listings sold at asking price, and more than 202 were sold below. Between December and January 2025, Baltimore, MD real estate market has seen increase in the number of listings by 3.7%. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $229,497.