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4410 Elderon Avenue

BALTIMORE, MD 21215
  • $216,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: MDBA2118836
UPDATED: 66 min ago
$216,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,254
    SQFT
  • $172
    $/SQFT
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

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 +GG 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.

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©2024 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-17T14:07:49.91.
www.greatfallsgreathomes.com/homes/148865507
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4410 Elderon Avenue BALTIMORE, MD 21215

  • Price: $216,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 66 min ago
  • ID#: MDBA2118836
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1,254
SQFT
$172
$/SQFT
1940
Built
County:
Baltimore City
School District:
Baltimore City Public Schools
Property 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 +GG 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.
Exterior Features

Architectural Style Other Construction Materials Shake Siding Garage YN No Parking Types Off Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1254 Basement Other Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 836 Cooling Central A/C Fireplace YN No Heating Central Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Accessibility Features None Assessment Year 2023 Central Air YN Yes Cooling Fuel Electric Existing Lease Type Month to Month Heating Fuel Electric Hot Water Electric Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Leased 1 Number Of Units Total 1 Original MLSNumber 802943473010 Ownership Interest Fee Simple Possession SettlementSubject to Existing Lease Property Sub Type Duplex Sale Type Standard Section 02 Sewer Public Sewer Structure Design Type Other Tax Annual Amount 3634.00 Tax Assessment Amount 154000.00 Tax Lot 006 Vacation Rental YN No Water Source Public Zoning R-1

Listing courtesy of AB & Co Realtors, Inc.: .


©2024 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-17T14:07:49.91.
 
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