1301 Roland Heights Avenue
Baltimore, MD, 21211 $ 250,000
Baths0.0 Sq 2,700 Monthly Estimate*
$ 1,662
Studio
for $250,000. This 2,700 square foot building was built in 1979 on a lot size of 0.32.
List price is Opening Bid At The Online Only Auction Sale. Bidding begins Friday, June 7th & ends Wednesday, June 12th, 2024 @ 12:00 PM. Exceptional Development Opportunity: This .32 acre site, located in an R6 Zoning District in Medfield, Baltimore City, presents a rare development opportunity. The R6 zoning is believed to permit up to 8 units by right, with the potential for higher density through a zoning variance. Positioned on a mostly level corner lot, the site features 105 feet of frontage along Roland Heights Avenue and has city water and sewer connections already in place. A building on the property, formerly a church, encompasses approximately 2,700 square feet and includes a basement. Additionally, there is a detached storage shed on the premises. The entire property is fully fenced. Architectural plans are available. The R6 zoning district accommodates both townhomes and multi-family units. In the neighboring Woodberry area, new townhomes are selling from the mid-$400,000s to the mid-$600,000s. Rental rates for A-Class properties in the area are robust, with 2-bedroom units renting for up to $2,300 per month and 3-bedroom units renting for up to $2,600 per month. This site is conveniently located just 2 minutes from I-83 and the West Cold Spring Metro Station, providing easy access for city residents working outside Baltimore. Additionally, Johns Hopkins University and Loyola University are only 1 mile away. The Rotunda, featuring MOMs Organic Market and Starbucks, is less than a mile away and offers shopping, dining, and entertainment options. The famous "Avenue" in Hampden is also nearby. Don't miss this opportunity!
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Commercial ActiveApartment Building,,Religious Facility
FeaturesInteriorHeating Fuel None
Hot Water None
Street Suffix AVENUE
Central Air Y/N N
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GeneralSewer Public Sewer
Heating None
Cooling None
Possession Settlement
Zoning R-6
Construction Materials Mixed
Year Built 1979
Property SubType Five Or More Units
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel None
Municipality Baltimore City
Business Type Apartment Building Other Religious Facility
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Subdivision Name MEDFIELD
Possible Use Apartment Building Apartments Church Multi-Family Residential
Water Access Y/N N
Status ACTIVE
Directions Falls Road to Roland Heights Ave. At the corner of Newport Ave and Roland Heights.
City BALTIMORE
Buyer Agent Compensation 1
Total Units 1
Lot Size Square Feet 13965.00
Waterfront Y/N N
Street Name ROLAND HEIGHTS
Tax Annual Amount 7141.0
Price Per Sq Ft Total 92.59
Vacation Rental Y/N N
Days on Market 1
Standard Status Active
Year Built Source Estimated
Legal Subdivision Ward 13
Tax Lot 045
Buyer Agent Compensation Type % Of Gross
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ExteriorWater Source Public
Type of Parking None
Water View Y/N N
Building Area Total 2700.00
Lot Size Acres 0.32
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 111700.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByAlex Cooper Auctioneers, Inc.Broker
jblock@alexcooper.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,662
- Monthly Property Taxes
- $595
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Baltimore, MD
Average List Price $699,833
Percent of Sale Price 180%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/16/2024 | $250,000 | | Listed Price |