Baltimore, MD 21206,4 W OVERLEA AVE
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Baltimore, MD 21206,4 W OVERLEA AVE
Baltimore, MD 21206,4 W OVERLEA AVE
Baltimore, MD 21206,4 W OVERLEA AVE
Baltimore, MD 21206,4 W OVERLEA AVE

$135,000

Est. payment /mo

$139,900

3.5%
Est.Price: ?

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4 W OVERLEA AVE Baltimore, MD 21206

2,880 SqFt

SOLD DATE : 06/30/2020

Key Details

Sold Price $135,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $46

Subdivision Overlea

MLS Listing ID MDBC489746

Style Federal

Year Built 1949

Annual Tax Amount $2,920

Tax Year 2020

Lot Size 1,875 Sqft

Property Description

Out-of-State Owners. Dissolved Partnership. Must Sell!! Tremendous Opportunity! Est. 2,880 SqFt Over 3 levels. Awesome Commercial Business Local Zoning! Estimated $2,750/m once Fully Leased. Offered Vacant to Allow New Buyer Most Options have Own Business or Lease Out for Maximum Rental Income. Previous Use - 1st Floor Barbershop Rented for $1,100/m. 2BD Upstairs Apt $1,050/m. Lower Level (unrented previously) estimate $600+/m. Permitted Uses Include Offices, Drugstore, Dry-Cleaning, Florist, Dance Studio, Carry-Out Restaurant, Social Club, Veterinarian, Pet Shop, NanoBrewery, Beauty Shop, Jewelry Store, Medical Clinic, Tavern, Commercial Film Production Etc (Full Permitted Uses are Uploaded in Docs). Main Floor has Large, Wide Full Building Width Front Room, Large and Long Back Room w/ Bonus Side Entrance & Additional Private Backroom and Bath. Perfect Set Up for So Many Businesses! Attractive Upstairs 2BD 1BA Apartment with Hardwood Floors, Large Bedrooms, Open Kitchen and 18 Wide Living Area is Perfect to Minimize Your Mortgage and Run Your Business Possibly Rent Free!! (Estimate Payment Including Taxes and Insurance with 5% down on a $140k purchase is $1,017/m). Partially Finished, Full Lower Level w/Half Bath and Separate Rear Entrance could be Leased Separately or as Overflow Space for Main Floor. Property likely needs New Boiler for Main Floor and New Furnace for Lower Level. Upstairs Apartment is in Great Shape Including est. 2 Year Old Furnace. Otherwise, just Cosmetic Improvements to Fit Your Vision and Possible Lower Level Buildout. Ideally Located across the Baltimore County Line (low taxes), a Block from Major Bus Routes, a Mile from I- 695 & Set Just Slightly Back from the Busyness of Harford Rd. This Property has a Rare Combination of Location, Cashflow & Potential!! Do Not Miss Out. Owner Financing Available with 30% Down 6% Interest and 18 Month Balloon Payment.

Location

State MD

County Baltimore

Zoning BL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Hardwood, Ceramic Tile

Exterior

Water Access N

Roof Type Flat,Rubber

Building

Sewer Public Sewer

Water Public

Structure Type Dry Wall

New Construction N

Schools

School District Baltimore County Public Schools

Others

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Dimitrios Lynch • ExecuHome Realty
Bought with Dimitrios Lynch • ExecuHome Realty

Jason Gareau

Broker

+1(609) 929-4486

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