Active
11017 Reisterstown Rd
Owings Mills MD, 21117
$424,990
$361.39 per sqft
Active
3 Beds
3 Baths
1,176 sqft
Residential
Built in 1960
INVESTOR ALERT! Sold as-is along with 3 adjacent properties 11015, 11017 and 11021 Reisterstown Rd. OR 2 Zoning. Will NOT be sold separately. Selling all 4 properties for $1,699,960.
Incredible and rarely available opportunity for developers or long-term investors to acquire a package of four adjacent houses on a massive 3.29-acre lot with significant land value, located on the bustling Reisterstown Rd - a major thoroughfare with updated infrastructure and high traffic counts, ensuring a steady flow of potential customers and clients.
REMARKABLE DEVELOPMENT OPPORTUNITY: The excellent frontage offers high visibility and accessibility, while OR 2 Zoning allows for versatile use and development options, including professional offices, restaurants, banks, and residential units, making it ideal for developers looking to create a dynamic, multi-use space. Special exception uses permitted include hotels, health clubs, and parking structures...
EXCEPTIONAL INVESTMENT OPPORTUNITY: Prime LAND with busy street frontage offers long-term value growth, while existing houses provide steady rental income to cover the cost of the initial investment, ongoing expenses, and potential improvements, making it a well-rounded and sustainable asset.
All properties offered AS-IS. Buyer to verify all specifics.
Two houses (11015 and 11021) are currently rented. The tenants are on flexible month-to-month leases with no past due rent and are open to signing a new long-term lease or can move out.
11015 house was rented for six years under a government program for disabled individuals, successfully passing all inspections and being fully licensed and registered for program participation.
11019: Renovation in progress, featuring a brand new AC/heat unit with a 3-year warranty, security cameras, and two electric meters.
11017: Ready for renovation with a stabilized foundation; dry, clean, and odor-free.
Convenient short proximity to FOUNDRY ROW shopping center and WEGMANS, TARGET, COSTCO, MILL STATION Shopping Center, MARRIOTT Owings Mills Metro Centre, STEVENSON University. Additionally, the nearby parks, diverse restaurants, shops, prestigious private schools, numerous new developments around, superb recreational and medical facilities make these properties highly attractive for potential residents or tenants.
MDBC2110756
MLSⓇ ID
October 25, 2024
Listed
November 22, 2024
Updated
Map
11017 Reisterstown Rd
Owings Mills MD, 21117
Interior Features
Total Stories
3
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Central, Natural Gas
Exterior/Building Features
Lot Size
0.76 Acres
Architectual Style
Traditional
Sewer
Septic Tank
School Information
School District
BALTIMORE COUNTY PUBLIC SCHOOLS
Other Property Details
Taxes
$2,108
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
Off Street
View
No
County
BALTIMORE
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/25/2024 | Active | — |
Listed by Taylor Properties
Listing Contact: 5616662866
The IDX display contains information sourced from the Bright MLS, Inc. as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/22/2024 at 1:45 AM UTC