11019 REISTERSTOWN RD, Owings Mills, MD 21117 - MLS#MDBC2110668

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,072 sqft

Price per Sqft $396

Subdivision Pleasant Hills

MLS Listing ID MDBC2110668

Style Traditional

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1960

Annual Tax Amount $2,635

Tax Year 2024

Lot Size 0.771 Acres

Property Description

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.

Location

State MD

County Baltimore

Zoning OR 2

Interior

Hot Water Natural Gas

Heating Central

Cooling Other

Exterior

Waterfront N

Water Access N

Building

Story 3

Foundation Permanent

Sewer Septic Exists

Water Public

Structure Type Dry Wall

New Construction N

Schools

School District Baltimore County Public Schools

Others

Special Listing Condition Standard

Pets Description No Pet Restrictions