11017 REISTERSTOWN ROAD, OWINGS MILLS, MD 21117

$424,990

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… Read More 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.a0; 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:a0;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.a0; 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 toa0;FOUNDRY ROW shopping center anda0;WEGMANS, TARGET, COSTCO, MILL STATION Shopping Center,a0;MARRIOTT Owings Mills Metro Centre,a0;STEVENSON University.a0;Additionally, the nearby parks, diverse restaurants, shops,a0;prestigious private schools, numerous new developments around, superba0;recreational and medical facilities make these properties highly attractive for potential residents or tenants. Read Less

Courtesy of Ganna Golovata, Taylor Properties [email protected]

Listing Snapshot

Days Online

Last Updated

Nov 24, 2024

Property Type

Single Family Residential

Beds

Full Baths

Partial Baths

Square Ft.

1,176

Lot Size

0.76 Acres

Year Built

1960

MLS Number

MDBC2110756

30 Days Snapshot Of 21117

$451k

-20%

(avg) sold price

+10%

homes sold

-59%

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

Connecting Stairway

Building

1,176 sqft living area, 1,176 sqft above grade (finished), Built in 1960, Structure Type: Detached, Wall & Ceiling Types: Dry Wall, 3 levels, Traditional

Cooling

Natural Gas

Accessibility Features

Level Entry - Main

Foundation

Permanent

Heating

Natural Gas, Central

Lot

32,974 sqft, Lot Size Dimensions: 1.00 x, 0.76 acres

Property

Additional Parcels, Other Structures: Above Grade, Below Grade

Sewer

Septic Exists

Taxes

County Tax: $2,108, County Tax Pymnt Freq: Annually, Tax Annual Amount: $2,108, Tax Year: 2024

Utilities

Electric Service: 120/240V, Hot Water: Natural Gas

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11017 REISTERSTOWN ROAD

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