Deal of a Lifetime. Seller needs funds for another project and says, "Sell!" The hard work has all been completed, with over $50,000 invested in development work. See uploaded Completed Subdivision, Architectural Drawings, Site Plan, and Plat. The plans are for beautiful townhomes that are 20ft wide, 40ft long, and 3 stories tall. Each townhome includes 4 bedrooms, 3.5 bathrooms, a master suite, laundry, garage, and bonus deck. Smaller new construction townhomes have sold for $400K+ and could easily result in a potential $1,600,000 sell-out. The only reason the seller does not have building permits in hand is that he does not want to start the clock ticking on the construction timeline yet. This is a great opportunity to build today, but it's also cheap enough to buy and hold while prices continue to increase, potentially leading to a larger profit down the road. Don't miss out. Take a look at the uploaded documents! This deal will not sit. Purchases must be cash or equivalent, with non-contingent contracts. Do you have a property to sell? Participate in our Trade-Up Program, and we will buy yours for cash!* Schedule a tour today!
Property Details
Property Features
Listing Office:
Office Name: ExecuHome Realty
Office Phone: (443) 632-3000
Listing Agent: Dimitrios Lynch
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.28 Acres
Other
Directions Information:
Directions: Off Hamilton Ave.
Municipality:
Baltimore City
Price Information
Listing Price Info
Price Summary:
List Price: $99,500
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Housing Market Comparison
See how this home compares to others in Baltimore, MD.
This property is $126.2K less than the Median Sold Price in Baltimore, MD.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #MDBA2127418
Listing Office:
Office Name: ExecuHome Realty
Office Phone: (443) 632-3000
Listing Agent: Dimitrios Lynch
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
McCormick Elementary School
5101 Hazelwood Ave
Distance between this listing and this school0.55 miles
Public District Grades PK-5
2
/10
Elmwood Elementary School
531 Dale Ave
Distance between this listing and this school0.91 miles
Public District Grades PK-5
4
/10
Red House Run Elementary School
1717 Weyburn Rd
Distance between this listing and this school1.07 miles
Public District Grades PK-5
Nearby Schools
1
/10
Hazelwood Elementary/Middle School
4517 Hazelwood Ave
Distance between this listing and this school0.42 miles
Public District Grades KG-8
4
/10
City Neighbors Charter School
4301 Raspe Ave
Distance between this listing and this school0.74 miles
Public Charter Grades KG-8
4
/10
Baltimore International Academy
4410 Frankford Ave
Distance between this listing and this school0.98 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Overlea High School
5401 Kenwood Ave
Distance between this listing and this school1.29 miles
Public Magnet Grades 9-12
5
/10
City Neighbors High School
5609 Sefton Ave
Distance between this listing and this school1.54 miles
Public Charter Grades 9-12
1
/10
Reginald F. Lewis High School
6401 Pioneer Dr
Distance between this listing and this school2.89 miles
The neighbors living near this home have an average income of $41,488. The majority of Baltimore, MD residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5527 Ritter Ave Unit 2
What is the listing price of this property?
The listing price of 5527 Ritter Ave Unit 2 property is $99,500.
What type of property is this?
The property 5527 Ritter Ave Unit 2 is land located in Baltimore, Maryland, 21206.
Is this property for sale now?
Active Listing: 5527 Ritter Ave Unit 2 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 5527 Ritter Ave Unit 2 is 0.28 acres.
Interested in 5527 Ritter Ave Unit 2? Let's connect.
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This home is located at 5527 Ritter Ave Unit 2 in Baltimore, MD and zip code 21206 in the Frankford neighborhood. This home sits on a 0.28 acre lot. It has been listed on Rocket Homes since June 05, 2024 and is currently priced at $99,500.
In November 2024 more than 197 listings in Baltimore, MD were sold above the asking price. During the same period more than 151 listings were sold at asking price, while more than 205 were sold below. The number of listings in Baltimore, MD increased by 4.6% between October 2024 and November 2024. In November 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $225,730.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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