NEW PRICE***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***
Listed By
Agency Name: RE/MAX Advantage Realty
Agency Phone: 4105493500
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
Estimated Payment
$ 659.26 per month $442.89 Principal & Interest $158.33 Property Tax $58.04 Homeowner's Insurance
288 E Main Street | MLS# MDCR2032044
This land located at 288 E Main Street, Westminster, MD 21157 is currently listed for sale with an asking price of $199,000. The property has approximately 0.25 Acres. E Main Street is located within the CARROLL COUNTY PUBLIC SCHOOLS school district. Search Westminster real estate on www.homesale.com today.