$ 240,000
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$240,000
Price -
0
Bed -
0
Bath -
0
SqFt
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About the Listing RMA2 - 148292
***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***
Listing Highlights
Status
Active
Days on Site
5
Property Type
Vacant Land
MLS ®
MDCR2032044
Year Built
Total Square Footage
0
Lot/Acreage
0.25
County
Carroll
School District
Carroll County Public Schools
Elementary School
Cranberry Station
Middle School
East
High School
Winters Mill
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Road Frontage,Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Lot Dimensions: 55.00 x
- Zoning: Zoned for the construction of a 4 Unit Apartment building. Water rights already given and being paid for by seller.
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $1,900
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
288 E Main St Westminster, MD 21157
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