Baltimore, MD 21215,4410 ELDERON AVE
See all 20 photos
Baltimore, MD 21215,4410 ELDERON AVE
Baltimore, MD 21215,4410 ELDERON AVE
Baltimore, MD 21215,4410 ELDERON AVE
Baltimore, MD 21215,4410 ELDERON AVE

$195,000

Est. payment /mo

$206,000

5.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4410 ELDERON AVE Baltimore, MD 21215

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

Style Other

Year Built 1940

Annual Tax Amount $3,634

Tax Year 2024

Lot Size 7,497 Sqft

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

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Exterior

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


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

Jason Gareau

Broker

+1(609) 929-4486

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.