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For sale
  • $424,990

    11017 Reisterstown Rd, Owings Mills, MD 21117

    3beds
    1,176sqft
    : 
    Single Family Residence
    Built in 1960
    0.76 Acres Lot
    $-- Zestimate®
    $361/sqft
    $-- HOA

    What's special

    Busy street frontageStabilized foundationSecurity camerasElectric meters
    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.
    239 days
    on Zillow
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    132
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    2
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    Zillow last checked: 7 hours ago

    Listing updated: January 07, 2025 at 06:01pm

    Listed by:

    Ganna Golovata 561-666-2866,

    Taylor Properties 301-970-2447

    Source: Bright MLS,MLS#: MDBC2110756MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 11017 Reisterstown Rd.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Central, Natural Gas
    Cooling
    • Other, Natural Gas
    Appliances
    • Included: Gas Water Heater
    Features
    • Dry Wall
    • Basement: Connecting Stairway
    • Has fireplace: No
    Interior area
    • Total structure area: 1,176
    • Total interior livable area: 1,176 sqft
    • Finished area above ground: 1,176
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, Off Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    Lot
    • Size: 0.76 Acres
    • Dimensions: 1.00 x
    Details
    • Additional structures: Above Grade, Below Grade
    • Has additional parcels: Yes
    • Parcel number: 04040408002520
    • Zoning: OR 2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Other
    • Foundation: Permanent
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Electric: 120/240V
    • Sewer: Septic Exists
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Pleasant Hills
    HOA
    • Has HOA: No
    Location
    • Region: Owings Mills

    Financial & listing details

    • Price per square foot: $361/sqft
    • Tax assessed value: $179,300
    • Annual tax amount: $2,107
    • Date on market: 10/25/2024
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
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