Property details
About 5527 Ritter Ave Unit 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!
Highlights
(ACTIVE)
Summary
- MLS Number: MDBA2149400
- MLS Name: BRIGHT
- Office Name: ExecuHome Realty
- Office Phone: (443) 632-3000
- Office Email: execuhome@execuhome.com
- Listing Agent: Dimitrios Lynch
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 6:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$95,500
5527 Ritter Ave Unit 2
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Price information
Property sales
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Tax history
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Nearby schools
3
McCormick Elementary School
Public District PK-5
0.5 mi
•5101 Hazelwood Ave
2
Elmwood Elementary School
Public District PK-5
0.9 mi
•531 Dale Ave
4
Red House Run Elementary School
Public District PK-5
1.1 mi
•1717 Weyburn Rd
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 $41,488. Residents of Baltimore, MD typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
Frequently asked questions
About 5527 Ritter Ave Unit 2
This home is located at 5527 Ritter Ave Unit 2 in Baltimore, MD and zip code 21206 in the Frankford neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 4, 2024 and is currently priced at $95,500.
In January 2025, from all listings sold in Baltimore, MD there were more than 158 sold above asking price, over 202 sold below and more than 116 were sold right at the asked price. The number of listings in Baltimore, MD increased by 3.7% between December and January 2025. 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.