1301 ROLAND HEIGHTS AVE, Baltimore, MD 21211 | MLS MDBA548240 | Listing Information | Garceau Realty
Pending
$395,000

1301 ROLAND HEIGHTS AVE
Baltimore, MD 21211

Single Family
Residence
1
bed
1
Baths
1,350
Sq. Ft.
0.32
Acre Lot
1of
Photos
Map
Courtesy: Ben Frederick Realty, Inc.
Garceau Realty> Maryland> Baltimore> 21211
Corner level lot with utilities makes for an ideal development site in the established and popular neighborhood of Hampden-Medfield, in Baltimore City, near I-83 interchange and “The Avenue” shopping district in Hampden. Potential redevelopment as 6 new townhouses or, renovate the existing structure into 2 apartments and build a new 10-unit walk-up apartment building.A brand new 21st Century public school was just constructed at the other end of this block.This 1/3 acre site is located in an R6 Zoning District, permitting 9 Units by right with higher density possible with a zoning variance. This development site is in Medfield, one of Baltimore City’s popular and up-and-coming neighborhoods is a rare opportunity.Situated on a mostly level, corner lot, the site has 105′ of frontage along Roland Heights Avenue. City water and sewer connections are already in place. The Church building is leased through 1/31/2022, with the landlord having the right to terminate the rental agreement with two-months notice. The church rental income helps cover carrying costs while going through the pre-development stages. The R6 zoning district allows both townhomes and multi-family, with up to 9 units by right. Woodberry, an adjacent neighborhood, is seeing a dramatic increase in the redevelopment of old industrial lots into new housing, with new townhomes in this market sell from mid-$300 and into the mid-$400’s, 1-bedroom apartments in this market rent as high as $1200/month, with 2-bedrooms as high as $1500/month.Nestled 2 minutes from I-83 and the West Cold Spring Metro Station allow your potential home buyers or renters to live in the City, but work outside of City limits. Both Johns Hopkins University and Loyola University are 1 mile away. The newly developed Rotunda, home to MOM’s Organic Market and Starbucks, is less than a mile and offers shopping, food and entertainment. Hampden’s famous “Avenue” offers locals affordable uber’s for nights out on the town. Latest statistics show that Medfield is 75% home owners and 25% renters.
MDBA548240
Single Family, 2 Story
1
BALTIMORE CITY
1 Full
0.32 Acres
Public
2
Other
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

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