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$319,000
46 Days On Site

1404 INVERNESS AVENUE
BALTIMORE, MD 21230

Single Family Residence|Pending
6
Beds
2
Total Baths
2
Full Baths
3,950
SqFt
$81
/SqFt
1900
Built
County:
BALTIMORE CITY
Listing courtesy of XRealty.NET LLC
Call Now: (703) 898-3565
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(703) 898-3565
1404 INVERNESS AVENUE1404 INVERNESS AVENUE1404 INVERNESS AVENUE1404 INVERNESS AVENUE
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Monthly Payment (Est.)

$1,455
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CALLING ALL INVESTORS—MAKE AN OFFER!Bring all OFFERS COME SEE THIS LARGE ESTATE LOT! Fantastic legal multi-unit estate property on a large lot!Estate needs updating & potentially offers three or more buildable lots on-site. Rental income of more than $4,500 per month! Live in one unit & rent out the others for income. This multi-unit apartment property sits on a large,flat lot of more than 16,000 square feet on a private street. The property is zoned for 13 townhouses, or you can build another unit on this oversized lot. It is located on a private, dead-end street with only two other homes on the entire block. None of the other homes on the street directly face this property. If you’re looking for a large, private estate that provides plenty of privacy without paying top dollar, this property is for you. The lot is so large & wide that it occupies more than 75% of the block. Sitting high above street level & surrounded by a very high, locked fence, the property will make you feel very safe. Enjoy an amazingly quiet neighborhood surrounded by ranch-style homes, with barely any foot or vehicle traffic. Walk around the large lot surrounding this multi-unit property, & you will feel as though you are walking through a park. Come take a walk around the neighborhood—you will not see foot traffic or hear noise. This is a quiet enclave of homes, & there is a great deal of value in both the land & the neighborhood. The elevated lot offers great nighttime views of downtown Baltimore from both the front & back porches. The building features high ceilings & transom windows, & all six bedrooms have large windows. Let your pets run freely around the large, fenced yard, away from street noise & through traffic. The plumbing & electrical systems have been updated. Each apartment unit has its own water, gas, & electric meters, & all of the meters are newer. Located just two minutes from I-695 & I-95 in Baltimore! This is a great investment opportunity for investors from Northern Virginia, Washington, D.C., or Maryland. The property is only one exit from downtown Baltimore. Because it is located on the southern side of Baltimore, closer to Virginia, you can reach it without traveling through the heavier-traffic parts of Baltimore or dealing with that traffic. The backyard also includes three sheds & a one-car garage. Rental income of more than $4,500 per month—make an offer! The lot previously had approximately seven or eight trees that were more than 100 years old, with canopies spreading more than 100 feet wide. Those trees have been cleared, leaving the lot prime & ready for the development of your choosing. The property comes with a large barbecue pit in the backyard, a large pool, & extra logs to burn in the fire pit, which the tenant sometimes uses. There is already a small fence on the portion of the lot where another unit could be built next door. That fence can easily be removed for new construction. The property also has two parking spaces in the driveway on the side of the home. The basement has six huge windows that provide plenty of natural light, along with a separate entrance. The main-level apartment has three separate entrances, with the possibility of adding two more units on the main level. Proof of funds is required before scheduling an appointment so that the tenant is not unnecessarily disturbed A ton of sweat-equity potential! This is a homeowner’s dream—a large, private enclave lot. You must drive by to appreciate the size of the lot & the super-quiet, safe neighborhood The owner is from Arlington,Virginia,they do not have time to manage the property. Buyer must independently confirm & verify all property details with Baltimore City, including zoning, permitted uses, lot size, subdivision potential, development potential, & the ability to construct additional units or townhouses NO HOA All kitchens, bathrooms, & other areas of the home need to be updated & remodeled more is a great REMOD

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Listing Snapshot
Price 
$319,000
Days On Site 
46 Days
Bedrooms 
6
Inside Area (SqFt) 
3,950 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.33 Acres
Year Built 
1900
MLS® Number 
MDBA2225058
Status 
Pending
Property Tax 
$1,430
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
2 weeks agoStatus changed to Pending
2 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.33
Direction Faces 
East
Foundation 
Concrete Perimeter
Levels 
Two
Parking 
ConcreteDriveway
Property Sub Type 
Single Family Residence
Security 
Security Lights
Special Circumstances 
Standard
SqFt Above 
2950
SqFt Below 
1000
SqFt Total 
3950
Style 
Colonial
Utilities 
Cable AvailableUnderground UtilitiesNatural Gas AvailableSewer AvailableWater AvailableElectricity Available
Water Source 
Public
Zoning 
R-3
Interior Features
Appliances 
RangeOvenElectric RangeElectric OvenCooktopWasherBuilt-In RangeDishwasherDisposalExhaust FanFreezerMicrowaveRefrigeratorStainless Steel Appliance(s)Water HeaterENERGY STAR Qualified FreezerENERGY STAR Qualified RefrigeratorENERGY STAR Qualified DishwasherENERGY STAR Qualified WasherENERGY STAR Qualified AppliancesENERGY STAR Qualified Water Heater
Basement 
DaylightFull
Cooling 
Window Unit(s)Electric
Electric 
220 Volts
Flooring 
CarpetHardwood
Heating 
Exhaust FanNatural GasOther
Interior 
Built-in FeaturesCrown MoldingOpen Floorplan
Main Level Bedrooms 
3
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Exterior Features
Construction Details 
Cement SidingConcrete
Exterior 
OtherBalconyLightingStorage
Fencing 
Chain Link
Lot Features 
SecludedBack Yard
Other Structures 
Barn(s)Storage
Patio And Porch 
DeckPatioPorch
Pool Features 
None
Roof 
Shingle
View 
CityPanoramicStreetTrees/Woods
Waterview 
CityPanoramicStreetTrees/Woods
Community Features
Accessibility Features 
Accessible DoorsAccessible Hallway(s)
Association Amenities 
Playground
Community Features 
SidewalksStreet Lights
School District 
BALTIMORE CITY PUBLIC SCHOOLS
Schools
School District
BALTIMORE CITY PUBLIC SCHOOLS
Elementary School
MORELL PARK
Middle School
MORRELL PARK
High School
Unknown
Listing courtesy of XRealty.NET LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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