Thank you
Thomas Joseph Kane
AB & Co Realtors, Inc.
443-275-7188
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.
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Water Source : Public
Basement Description: Other
Cooling: Central A/C
Heating: Central
Cooling Fuel: Electric
Heating Fuel: Electric
Year Built: 1940
Structure: Other
New Construction: No
Total Units: 1
Built: 1940
Construction Material: Shake Siding
Architecture: Other
Pool/Private: No Pool
Pool: No Pool
Sewer: Public Sewer
Water Heat: Electric
Lot Size: 7,497
Lot Size (Acres): 0.17
Architectural Style: Other
Main Square Feet: 7,497
SQ ft: 2,090
SQ ft (Living Area): 1,254
Total Lot SQ ft: 7,497
Total Acreage: 0.17
New Construction: No
Type: Other
Possession: Settlement,Subject to Existing Lease
Days Of Market: 31
Annual Tax: $3,634
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Settlement,Subject to Existing Lease
Taxes Assessment Amount: $154,000
Parking Type: Off Street
Has Garage: N
Direction: use google
School District: BALTIMORE CITY PUBLIC SCHOOLS
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Direction: use google
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
4418 Reisterstown Road , Baltimore, MD,21215 | $160,000 | 4 | 1.5 | -- | -- |
2813 Ulman Avenue , Baltimore, MD,21215 | $80,000 | 3 | 1.0 | -- | -- |
6202 Cross Country Boul.., Baltimore, MD,21215 | $249,000 | -- | -- | 8,624 | 8624 Sqft |
2548 Oswego Avenue , Baltimore, MD,21215 | $100,000 | 3 | 1.0 | -- | 1330 Sqft |
3806 Copley Road N, Baltimore, MD,21215 | $285,000 | 5 | 2.0 | 3,062 | 7500 Sqft |
3810 Callaway Avenue , Baltimore, MD,21215 | $305,000 | 3 | 2.5 | 1,369 | 7000 Sqft |
3423 Saint Ambrose Aven.., Baltimore, MD,21215 | $160,000 | 3 | 2.0 | -- | -- |
6701 Park Heights Avenu.., Baltimore, MD,21215 | $375,000 | 2 | 2.5 | -- | -- |
2517 Oswego Avenue , Baltimore, MD,21215 | $75,000 | 3 | 1.0 | -- | -- |
2443 Shirley Avenue , Baltimore, MD,21215 | $115,000 | 3 | 1.0 | -- | -- |
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ByOwner last updated this listing 04/29/2024 @ 08:39
MLS: MDBA2118836
LISTED BY: Thomas Joseph Kane , AB & Co Realtors, Inc.
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.