Property
Beds
6
Full Baths
4
1/2 Baths
None
Year Built
1915
Sq.Footage
3,374
LEGAL 4 Unit with 1 vacancy! Great opportunity to buy as an owner occupant and let the tenants help you build equity! Individually metered for gas and electric, 4 separate entrances, coin laundry, and room to add value and increase NOI through renewals and renovations. There are 2 - 1bd/1bth units and 2 - 2bd/1bth units. In place tenants have been at the property for many years and have signed extensions through 2025 and 2026. The property has been well maintained over the years and had its first vacancy in over 8 years. The unit is in good condition and requires minimal work to prepare for leasing to a new resident. Rents: 1A - 2bd/1bth - leased for $1150/mo 1B - 2bd/1bth - leased for $1175/mo 2A - 1bd/1bth - vacant 2B - 1bd/1bth - leased for $1,100/mo Gross potential income by taking units to market rents of over $5000/mo + other income. Plenty of on-site parking and great access for residents to the Marc Station, Route 1 and 695. Good history of renting and potential to be a stable long term investment for the next owner.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
4
-
Above Grade Finished Area
3374.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Radiant
-
Main Level Bedrooms
4
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Concrete, Metal Siding, Stone, Vinyl Siding
-
Parking
Off Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.29
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Colonial
Price
-
Sales Price
$590,000
-
Tax Amount
4195.0
-
Sq. Footage
3, 374
-
Price/SqFt
$174
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Stone, Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
227
-
Water Source
Public
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Location
County
BALTIMORE
Elementary School
Middle School
High School
Listing Courtesy of David A Alvarado , Fairfax Realty Premier
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