Thank you
Eric L Lisica
Keller Williams Flagship of Maryland
410-729-7700
Embrace a unique investment opportunity at 4008 Southern Ave, Baltimore, MD 21206, where versatility meets value in a vibrant urban setting. This distinctive property hosts four separate apartments, each featuring a one-bedroom, one-bathroom layout, perfectly designed for maximized living space and rental appeal. Its prime location promises a blend of residential tranquility and convenient access to Baltimore's rich tapestry of cultural, educational, and recreational offerings, making it an irresistible choice for tenants and ensuring a steady rental demand. Ideal for both seasoned and novice investors, this property offers the perfect entry into the multi-unit investment sphere or an innovative house hacking scenario. Live in one unit, experiencing the city's charm firsthand, while the other three apartments work for you, turning expenses into income. With its potential for stable cash flow, tax benefits, and appreciation, 4008 Southern Ave stands as a wise investment in your financial future and a tangible step towards achieving real estate success. Step into a property that not only promises a home but also an investment strategy, catering to those who see beyond the present and invest in tomorrow. Currently, two apartments are being rented at $750/month and the 3rd tenant is in the process of being evicted. The 4th unit is rehabbed and ready for a new tenant to move in. All licenses and leases are up to date and can be verified.
Sell a home like this and save $16,895 Find Out How
Water Source : Public
Patio/Porch Features: Porch(es)
2nd Kitchen
Roof : Shingle
Basement Description: Other
Shingle
Cooling: Other
Heating: Radiator,Baseboard - Electric
Cooling Fuel: Other
Heating Fuel: Electric
Window Treatments: Double Hung
Year Built: 1915
Structure: Detached
New Construction: No
Total Units: 4
Built: 1915
Construction Material: Frame
Roof: Shingle
Foundation/Basement: Other
Architecture: Converted Dwelling
Pool/Private: No Pool
Roof Type: Shingle
Pool: No Pool
Sewer: Public Sewer
Water Heat: Electric
Lot Size: 7,100
Lot Size (Acres): 0.16
Architectural Style: Converted Dwelling
Main Square Feet: 7,100
SQ ft: 3,906
SQ ft (Living Area): 2,777
Total Lot SQ ft: 7,100
Subdivision: WALTHERSON
Total Acreage: 0.16
New Construction: No
Type: Converted Dwelling
Possession: Settlement,Immediate
Days Of Market: 38
Annual Tax: $4,393
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Settlement,Immediate
Taxes Assessment Amount: $186,133
Parking Type: Driveway
Parking Features: Concrete Driveway
Has Garage: N
Roof: Shingle
Direction: Use GPS
School District: BALTIMORE CITY PUBLIC SCHOOLS
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Other
Heating Fuel: Electric
Hot Water: Electric
Direction: Use GPS
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
4401 Mary Avenue , Baltimore, MD,21206 | $315,000 | -- | -- | 2,008 | 7497 Sqft |
6613 Hilltop Avenue , Baltimore, MD,21206 | $40,000 | -- | -- | 6,512 | 6512 Sqft |
5112 Overdale Avenue , Baltimore, MD,21206 | $120,000 | 3 | 1.0 | 1,144 | 37070 Sqft |
3811 White Avenue , Baltimore, MD,21206 | $299,000 | 3 | 1.5 | 1,583 | 9000 Sqft |
4501 Frankford Avenue , Baltimore, MD,21206 | $339,500 | 5 | 3.0 | 1,063 | 5401 Sqft |
5202 Nuth Avenue , Baltimore, MD,21206 | $330,000 | 4 | 3.5 | 1,254 | 5279 Sqft |
4227 Belmar Avenue , Baltimore, MD,21206 | $335,000 | 5 | 3.0 | 2,002 | 7497 Sqft |
5112 Overdale Avenue , Baltimore, MD,21206 | $112,000 | -- | -- | 37,070 | 37070 Sqft |
5501 Mccormick Avenue , Baltimore, MD,21206 | $1,399,000 | -- | -- | 466,528 | 466528 Sqft |
5501 Mccormick Avenue , Baltimore, MD,21206 | $1,399,000 | -- | -- | 2,763 | 478288.8 Sqft |
Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.
ByOwner last updated this listing 04/28/2024 @ 07:57
MLS: MDBA2117976
LISTED BY: Eric L Lisica , Keller Williams Flagship of Maryland
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.