USAMDHalethorpeHalethorpe4606 Ridge Ave
4606 Ridge Ave, House other with 6 bedrooms, 4 bathrooms and null parking in HALETHORPE MD | Image 1
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$595,000

4606 Ridge Ave, Halethorpe, MD

House

For Sale

$--,---,---
640
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3374 sqft
Garage No
Taxes $4,195
Days Active 3
Lot Size 
Approx. Age 1915
Avg. Price Per Sqft $176
MLS® Number MDBC2136600

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® NumberMDBC2136600
Laundry Level
Central VacNo
FireplaceNo
Acreage0.29
Exterior
GarageNo
Approx. Age1915
BasementConnecting Stairway, Interior Access, Poured Concrete, Sump Pump, Unfinished, Water Proofing System
DrivewayOff Street
Garage Spaces
HeatRadiator, Natural Gas
A/CWindow Unit(s), Electric
Heating Fuel

Extras

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