Baltimore, MD 21215,4410 ELDERON AVE
Baltimore, MD 21215,4410 ELDERON AVE
Baltimore, MD 21215,4410 ELDERON AVE
Baltimore, MD 21215,4410 ELDERON AVE
Baltimore, MD 21215,4410 ELDERON AVE
Baltimore, MD 21215,4410 ELDERON AVE
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$195,000

$206,000

5.3%
Est.Price: ?

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Est. payment /mo

1,254 SqFt


SOLD DATE : 06/28/2024

Key Details

Sold Price $195,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,254 sqft

Price per Sqft $155

MLS Listing ID MDBA2118836

Sold Date 06/28/24

Style Other

Abv Grd Liv Area 1,254

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $3,634

Tax Year 2024

Lot Size 7,497 Sqft

Acres 0.17

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 – 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.

Location

State MD

County Baltimore City

Zoning R-1

Rooms

Basement Other

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type Off Street

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0328028198 006

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Thomas Joseph Kane • AB & Co Realtors, Inc.
Bought with Jason Pinson • Revol Real Estate, LLC
agent-avatar

+1(240) 290-0830

leisel@leiseltaylor.com

800 Maine Ave SW, Suite 200 Washington 20024

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