$206,000
 $1,106 est/mo Sourced by Back At You

4410 Elderon Ave , Baltimore, MD 21215

Baltimore, MD 21215

Share with a friend

Description

Welcome to 4410 Elderon, a duplex in a quiet block of West Arlington neighborhood. Separately metered, separate entrances, and ready for immediate cash flow in current condition. Total rental income is approx. $2345 per month. Unit 1 is a 2/1 at $1480 and currently occupied with strong market value rent from Sec 8. Unit 2 is 1/1 at $900 and recently vacant with previous long term tenant. There are several value add opportunities to increase cash flow. Add an extra BR and BA to Unit 1 in the spacious basement not being utilized to convert to a 3/2 and increase rental income to $1600+. With some cosmetic rehab, there is a strong opportunity to increase total rent over $2700. The other option is to convert the basement to a separate 1/1 unit - rehab can be done while tenant resides in property. Another option is to convert to a SFH for ARV of $320-335K based on recent comps (4111 Groveland Ave - $335K, 4011 Elderon Ave - $320K). Rental license & lead certification up to date throughout ownership of property. A new roof was installed in 2022; there is new concrete/walkway pavement to the house and all maintenance are up to date. As-is condition.

Details

MLS#MDBA2118836
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1940
Days On Site123
Listing Provided ByAB & Co Realtors, Inc. | Thomas Joseph Kane

Features

SQ Feet2,090
BasementY
ZoningR-1
Acreage0.17

Market Activity 21215

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved

Request a showing

Request a showing

Loading Form
Listings Checked: 4 minutes ago

Contact

Learn More About This Property

StateMD
CountyBaltimore City
CityBaltimore
Zip Code21215
School DistrictBaltimore City Public Schools
Listing VS Median (in 21215)
Price:
$206,000
low | high
Med:
$195,000
55.339805825243% of Average
SqFt:
2,090
low | high
Med:
2,763
17.799043062201% of Average
$ / SqFt:
$99
low | high
Med:
$71
78.067246092333% of Average
On Site:
123
low | high
Med:
174.000000
70.689655172414% of Average
Sourced by Back At You
Listing Updated: June 7, 2024 at 11:20:44 PM PDT