Fantastic opportunity in the heart of Locust Point! This property is a shell with CHAP tax credit approval, offering tremendous potential for your dream renovation or investment project. Based on a preliminary appraisal of $200,000, this home presents an excellent value in one of Baltimore's most desirable and walkable neighborhoods. The property features an 8'9" basement with no need to underpin, giving you full ceiling height and significant savings in your renovation budget. With CHAP approval already in place, the future owner may also benefit from a 10-year property tax savings, creating additional long-term value. Sold strictly as-is. Buyer to verify ground rent-seller will not redeem. Investor highlight: Rare chance to maximize ROI with reduced construction costs and substantial property tax savings through CHAP. All of this in a prime location-just steps from Latrobe Park, Fort McHenry, the waterfront promenade, and popular local restaurants and shops.
Property Features
Bedrooms
Bathrooms
Land Info
- Lot Size Acres: 0.02
- Lot Size Square Feet: 871
Garage and Parking
- Parking Features: On Street
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Senior Community: No
School Information
- Elementary School: FRANCIS SCOTT KEY ELEMENTARY-MIDDLE
- School District: BALTIMORE CITY PUBLIC SCHOOLS
Other Property Info
- Annual Tax Amount: 4119
- Source Listing Status: Active
- County: BALTIMORE CITY
- Disclaimer: Standard
- Ownership: Ground Rent
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: LOCUST POINT
- Postal Code Plus 4: 5225
- Subdivision: LOCUST POINT
- Township: Baltimore City
Building and Construction
- Total Square Feet Living: 880
- Year Built: 1875
- Above Grade Finished Area: 880
- BelowGradeFinishedArea: 0
- Below Grade Unfinished Area: 440
- Construction Materials: Brick
- Levels: 3
- Property Age: 150
- Levels or Stories: 3
- Structure Type: Interior Row/Townhouse
- Total Area Sqft: 1320
- Total Below Grade Area: 440
- Architectural Style: Federal