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11021 REISTERSTOWN ROAD, Owings Mills, MD 21117
$424,990 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
3
baths
1,056
sqft
Built in
1960
INVESTOR ALERT! Sold as-is along with 3 adjacent properties 11015, 11017 and 11021 Reisterstown Rd. OR 2 Zoning. Will NOT be sold separately. Selling all 4 properties for $1,699,960. Incredible and rarely available opportunity for developers or long-term investors to acquire a package of four adjacent houses on a massive 3.29-acre lot with significant land value, located on the bustling Reisterstown Rd - a major thoroughfare with updated infrastructure and high traffic counts, ensuring a steady flow of potential customers and clients. REMARKABLE DEVELOPMENT OPPORTUNITY: The excellent frontage offers high visibility and accessibility, while OR 2 Zoning allows for versatile use and development options, including professional offices, restaurants, banks, and residential units, making it ideal for developers looking to create a dynamic, multi-use space. Special exception uses permitted include hotels, health clubs, and parking structures… EXCEPTIONAL INVESTMENT OPPORTUNITY: Prime LAND with busy street frontage offers long-term value growth, while existing houses provide steady rental income to cover the cost of the initial investment, ongoing expenses, and potential improvements, making it a well-rounded and sustainable asset. All properties offered AS-IS. Buyer to verify all specifics. Two houses (11015 and 11021) are currently rented. The tenants are on flexible month-to-month leases with no past due rent and are open to signing a new long-term lease or can move out. 11015 house was rented for six years under a government program for disabled individuals, successfully passing all inspections and being fully licensed and registered for program participation. 11019: Renovation in progress, featuring a brand new AC/heat unit with a 3-year warranty, security cameras, and two electric meters. 11017: Ready for renovation with a stabilized foundation; dry, clean, and odor-free. Convenient short proximity to FOUNDRY ROW shopping center and WEGMANS, TARGET, COSTCO, MILL STATION Shopping Center, MARRIOTT Owings Mills Metro Centre, STEVENSON University. Additionally, the nearby parks, diverse restaurants, shops, prestigious private schools, numerous new developments around, superb recreational and medical facilities make these properties highly attractive for potential residents or tenants.
Features & Amenities
Interior
- Basement:
- Connecting Stairway
- A/C:
- Other
- Heating:
- Y, Central, Natural Gas
- Disability Feature:
- Level Entry - Main
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Traditional
Construction
- General:
- Other, 3, Permanent
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- BALTIMORE COUNTY PUBLIC SCHOOLS
- County:
- BALTIMORE
Lot
- Zoning:
- OR 2, 04040404035225
Utilities
- Utilities:
- 120/240V
- Water:
- Public
- Sewer:
- Septic Exists
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Taylor Properties, Ganna Golovata
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Owings Mills, MD
Housing
- Number of Units
- 26,814
- Median Home Value
- $338,204
- Median Rent
- $1,389
43.66% of housing units are renter occupied.
5.34% are vacant.
Commute
- Car
-
59.89%
- Public Transportation
-
5.93%
- Walk to Work
-
1.14%
- Work from Home
-
32.08%
- Other
-
0.86%
The median travel time to work is 24 minutes.
People
- Population
- 61,060
- Median Age
- 38.70
- Median Household Size
- 2.64
Education
- High School
-
16.79%
- Associate’s Degree
-
6.61%
- Bachelor’s Degree
-
26.99%
- Graduate Degree
-
24.36%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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