$900,000
Six two-bedroom apartments across three separate residential buildings on 6.8 acres offer a distinctive investment opportunity with potential to increase rental income through renovation. All six units are included in this listing on one parcel. Updating interiors and enhancing the buildings’ overall condition and presentation could position the apartments for rents more in line with comparable renovated properties. Improvements could be approached in phases as leases and occupancy allow.
Built in the 1950s, the buildings at 2903 and 2905 Ridge sit near the street, while 2845 is set farther back, backing to the woods. Cleared fields, rolling hills, mature trees, and a stream create a country estate feel, with newer homes becoming part of the surrounding landscape. The rear building also offers potential for a buyer considering an owner-occupied renovation or possible rebuilding project while maintaining rental income from the front buildings, subject to applicable approvals.
Recent improvements include updated hot water heaters throughout. The structure at 2903 Ridge features a new roof and an oil burner replaced in May 2026, along with shared well. The structure at 2845 Ridge has its own well, with the septic system replaced in 2023. At 2905 Ridge, the roof was replaced in 2024, and the second-floor unit features propane heat.
All three buildings are currently on one parcel. Future subdivision may be possible but has not been confirmed. Buyers should verify subdivision potential, permitted uses, and renovation or rebuilding plans with the appropriate county agencies and independently evaluate leases, expenses, and projected rental income. Some photos have been virtually staged.
County Legal Description: 6.8 AC ES RIDGE AV ES RIDGE AVE 3960 S OLD COURT ROAD
MDBC2176836
MLS
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ACTIVE
Status
2903 Ridge Rd, Baltimore
