2 Parcels on Beaufort Avenue

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2 Parcels on Beaufort Avenue

Baltimore, MD 21215
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcels located on Beaufort Avenue in Baltimore
  • Total site area comprises approximately 6,853 square feet
  • Property situated in the Arlington submarket near Pimlico Race Course
  • Asset available for sale as a foreclosure acquisition
  • Parcel geography offers potential for local residential development projects

What's Special

These two residential land parcels on Beaufort Avenue offer a combined 6,853 square feet of space in the Arlington neighborhood of Baltimore. Positioned near the historic Pimlico Race Course, the site provides a development footprint suited for single-family residential projects within this established Maryland market. The property benefits from its proximity to regional transit corridors and the economic activity generated by surrounding residential communities in the 21215 zip code. Investors and developers can utilize this land to address local housing demand in a location integrated into the broader Baltimore metropolitan area. The accessible topography and neighborhood context support straightforward planning for new residential construction or investment-focused site optimization.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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