Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.25 acres
***LOT FOR SALE – PRIME MULTI-UNIT INVESTMENT OPPORTUNITY in Westminster, MD***Rare opportunity to acquire a ready-to-build, income-producing apartment project in the heart of Westminster. This approved and fully entitled lot is zoned for a 4-unit, two-bedroom apartment building, making it an ideal investment for developers or investors seeking long-term residual income*** Key Highlights: -Zoned & approved for a 4-unit, 2BR apartment building -Approved site plan and architectural drawings already in place -Much of the engineering work completed and approved by the county -Separate water and sewer rights allocated and appropriated for all four units -Significant upfront time, cost, and risk already eliminated -Small existing structure could be removed by next owner -Located in the heart of Westminster, close to shops, dining, employment, and services ***This property offers a truly rare chance to bring a new construction, income-producing apartment building to a strong rental market—without starting from scratch. Adding to its uniqueness, the original owner of the land dates back to the 1700s and was William Winchester, blending deep local history with modern investment potential***Whether you’re a seasoned investor or a developer looking for your next project, this is a turn-key development opportunity with years of future cash flow ahead***
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.25
-
Property Type
Land
Price
-
Sales Price
$240,000
-
Tax Amount
1900.0
-
Zoning
Zoned for the construction of a 4 Unit Apartment building. Water rights already given and being paid for by seller.
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
CRANBERRY STATION
-
Middle School
EAST
-
High School
WINTERS MILL
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
CARROLL
Elementary School
CRANBERRY STATION
Middle School
EAST
High School
WINTERS MILL
Listing Courtesy of Mark C Ruby , RE/MAX Advantage Realty
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AGENT
Derek Benjamin
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