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Listed by Mark Ruby • RE/MAX Advantage Realty
$199,000
Est. payment /mo
0.25 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDCR2032044
HOA Y/N N
Available Date 2026-02-04
Annual Tax Amount $1,900
Tax Year 2025
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 55.00 x
Property Sub-Type Land
Source BRIGHT
Property Description
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***
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***
Location
State MD
County Carroll
Zoning DOWNTOWN APARTMENT
Exterior
Water Access N
View City
Road Frontage City/County
Garage N
Building
Lot Description Level, Road Frontage
Sewer Public Sewer
Water Public
Schools
Elementary Schools Cranberry Station
Middle Schools East
High Schools Winters Mill
School District Carroll County Public Schools
Others
Tax ID 0707067887
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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