$249,900 |
Rinc |
| Active | 2,730 Square Feet |
| Built in 1921 | |
| MLS # MDBA2168658 |
Customize Your Dream Home in Historic Reservoir Hill – With Built-In Income Potential for a resident owner. This is a rare opportunity to create your ideal home and renovate for likely instant equity in one of Baltimore’s most vibrant, evolving historic neighborhoods. Located just one block from Druid Hill Park and within walking distance of the highly anticipated Reservoir Square development—including proposed shops, restaurants, and a grocery store—this 2,730 sq. ft. 2-unit property has been fully designed for transformation and architect plans will be provided to Buyers as a courtesy. The proposed renovation re-imagines the building as a spacious 3-bedroom, 2.5-bathroom owner’s residence with a rear-entry 1-bedroom + office, 1.5-bath apartment and parking space—perfect for generating rental income, housing an au pair or in-law, or establishing a professional office suite. The apartment projected income could offset $200-250K of your mortgage post-renovation. Compare that to $400K sale price for nearby Reservoir Square new construction similar in size to just the larger of the two designed units. Or maintain existing structure as two 2-bedroom single-level units. Key Features: Deck, porch, and design includes off-street rear parking; Full basement with updated utility plans to maximize living space; Side staircase and shared entry pad offering functional dual access; Architectural floor plans, contractor and masonry bids, and engineering report included; Renovation-ready; Eligible for tax credit programs; Perfect candidate for a 203(k) renovation loan—and we can connect you to lenders actively seeking this type of project. This property is rough around the edges—but ready for immediate transformation. One of the Owners, a resident owner in Reservoir Hill, was about to begin construction but, given the rapid transformation of Reservoir Hill, decided to instead list the house for sale to allow the Buyer to customize their design. Whether you want to maintain the existing floor plan or follow the thoughtfully designed plans and tailor finishes like tile, cabinetry, and fixtures to your taste, this is your chance to shape a truly special home. Bring your vision, take advantage of all the groundwork already laid, and build something beautiful—just steps from Druid Hill Park.
Customize Your Dream Home in Historic Reservoir Hill – With Built-In Income Potential for a resident owner. This is a rare opportunity to create your ideal home and renovate for likely instant equity in one of Baltimore’s most vibrant, evolving historic neighborhoods. Located just one block from Druid Hill Park and within walking distance of the highly anticipated Reservoir Square development—including proposed shops, restaurants, and a grocery store—this 2,730 sq. ft. 2-unit property has been fully designed for transformation and architect plans will be provided to Buyers as a courtesy. The proposed renovation re-imagines the building as a spacious 3-bedroom, 2.5-bathroom owner’s residence with a rear-entry 1-bedroom + office, 1.5-bath apartment and parking space—perfect for generating rental income, housing an au pair or in-law, or establishing a professional office suite. The apartment projected income could offset $200-250K of your mortgage post-renovation. Compare that to $400K sale price for nearby Reservoir Square new construction similar in size to just the larger of the two designed units. Or maintain existing structure as two 2-bedroom single-level units. Key Features: Deck, porch, and design includes off-street rear parking; Full basement with updated utility plans to maximize living space; Side staircase and shared entry pad offering functional dual access; Architectural floor plans, contractor and masonry bids, and engineering report included; Renovation-ready; Eligible for tax credit programs; Perfect candidate for a 203(k) renovation loan—and we can connect you to lenders actively seeking this type of project. This property is rough around the edges—but ready for immediate transformation. One of the Owners, a resident owner in Reservoir Hill, was about to begin construction but, given the rapid transformation of Reservoir Hill, decided to instead list the house for sale to allow the Buyer to customize their design. Whether you want to maintain the existing floor plan or follow the thoughtfully designed plans and tailor finishes like tile, cabinetry, and fixtures to your taste, this is your chance to shape a truly special home. Bring your vision, take advantage of all the groundwork already laid, and build something beautiful—just steps from Druid Hill Park.
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