List price is Opening Bid At The Online Only Auction Sale. Bidding begins Friday, June 7th & ends Wednesday, June 12th, 2024 @ 12:00 PM. Exceptional Development Opportunity: This .32± acre site, located in an R6 Zoning District in Medfield, Baltimore City, presents a rare development opportunity. The R6 zoning is believed to permit up to 8± units by right, with the potential for higher density through a zoning variance. Positioned on a mostly level corner lot, the site features 105± feet of frontage along Roland Heights Avenue and has city water and sewer connections already in place. A building on the property, formerly a church, encompasses approximately 2,700± square feet and includes a basement. Additionally, there is a detached storage shed on the premises. The entire property is fully fenced. Architectural plans are available. The R6 zoning district accommodates both townhomes and multi-family units. In the neighboring Woodberry area, new townhomes are selling from the mid-$400,000s to the mid-$600,000s. Rental rates for A-Class properties in the area are robust, with 2-bedroom units renting for up to $2,300 per month and 3-bedroom units renting for up to $2,600 per month. This site is conveniently located just 2 minutes from I-83 and the West Cold Spring Metro Station, providing easy access for city residents working outside Baltimore. Additionally, Johns Hopkins University and Loyola University are only 1 mile away. The Rotunda, featuring MOMâs Organic Market and Starbucks, is less than a mile away and offers shopping, dining, and entertainment options. The famous "Avenue" in Hampden is also nearby. Don't miss this opportunity!
MDBA2125610
General Commercial
Baltimore City
BALTIMORE CITY
1979
0.32
Acres
Public Water Service
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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