Here is your opportunity to own a piece of history! Currently, this home is a zoned residential 5-unit building. This Historic home was built by prominent business owner T. Rowe Price and is located in the Historic District of Sudbrook Park. Eligible for Local, State, and Federal Historic Tax Credits up to $600,000 or more! HUGE VALUE IN JUST THE TAX CREDITS ALONE! 605 Upland Rd. was one of only 10 projects selected for the 2025 State tax credits, based on an established set of criteria, including those outlined by the U.S. Secretary of the Interior’s Standards for the Treatment of Historic Properties. Several of this year’s projects, including the Liberty Trust Bank Building in Allegany County, the Institute of Notre Dame, the Mutual Benefit Society, and A FORMER PRIVATE HOME AT 605 UPLAND RD. IN BALTIMORE COUNTY.
Some great features are high ceilings, fireplaces, hardwood floors, and detached garages with storage for all 5 units. Any and all work will need to be approved by the local Historic Society as this neighborhood preserves all of the grandeur of its historic past. Exterior is in disrepair, but the interior shows very well. This home sits on over 2 acres on a secluded corner lot with two separate entrances. With over 10,000 sq. ft., vast grounds with stately trees in a park-like setting, this home and property could be an excellent assisted living/rehab facility or company retreat. Or you convert it to a single-family home. WOW! Home being sold As-Is, but Seller has plans/drawings for the 5-unit layout, with each unit consisting of 3 bedrooms and two full baths. And the Seller can provide a pricing breakdown of renovation costs. Also, he can assist in the renovation as a General Contractor if needed. This is a one-of-a-kind home in a fantastic neighborhood and is close to everything. Don't let this great income opportunity pass you by to own a piece of history and use the Historic Tax Credits to pay for most, if not all, of your renovation costs. WOW! Post-Renovation Floor Plans and Press Release from the Governor regarding State Historic Tax Credits is available.