320 S HIGHLAND AVE Baltimore, MD 21224

MULTI FAMILY OFFERING IN HIGHLANDTOWN WITH INCREDIBLE VIEWS OF DOWNTOWN & PATTERSON PARK WITH ADDITIONAL DEVELOPMENT OPPORTUNITY - this 4500 sq ft building was completely gutted & renovated in 2016 into 4 apartments. All apartments are configured as 2 bedroom / 2.5 bathroom with 4 off street parking spaces. Permitted engineer plans available for an additional 6-8 apartments to be added within a 4-story building on the side yard connecting to the existing lobby. Some infrastructure improvements already completed in preparation of adding additional apartments such as upgraded water service line, 3 phase electric run down the alley, electric service for 10 units and lobby with elevator shaft already built. The favorable C-1 zoning allows for the additional apartments to be constructed on oversized 53'x92' lot. Current gross annual rent over $100k per year with opportunity to more than double income when additional apartments are added. Agent is owner, call with questions.