Baltimore MD Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- MDBA2146492
- Subdivision:
- Northwood
ADDITIONAL INFORMATION
Top Four Reasons to Buy: 1. Long-term tenant retention, ensuring consistent cash flow; 2. Opportunity to organically increase below-market rent; 3.Licensed for 6 dwelling units, with the opportunity to convert the basement into a livable 6th unit for added rental income (value add); 4. Prime location for car-free living, featuring a Walk Score of 86, access to the CityLink RED bus, and proximity to the Waverly Farmers Market and the Baltimore City/County line! The kitchens feature laminate countertops, wood cabinets, and stainless-steel sinks, providing tenants with functional, low-maintenance spaces. Most apartments are equipped with 30â gas or electric ranges (Apartment 2 includes a smaller 24â gas range). The laminate and ceramic tile kitchen floors are durable and easy to clean, minimizing upkeep for tenants and reducing wear during turnovers. These large two-bedroom units offer ample space, and some apartments include both living and dining rooms. Bathrooms offer modern vanities and a mix of steel and cast-iron tubs with vinyl enclosures. Ceramic tile or laminate floors in the bathrooms are built for longevity and simple maintenance. Apartment 2 includes a private sun porch, and Apartment 4 showcases wood-paneled, floor-to-ceiling windows in the dining room, adding charm and natural light. The property also includes an expansive unfinished basement with plenty of space and potential for development. Importantly, while built out as 5 apartments, 503 Radnor is already licensed for 6 apartments, allowing for an immediate opportunity to convert the basement into a 6th apartment. This space features multiple areas and open layouts, making it a flexible option for a future renovation project. Converting the basement into an additional unit would maximize the buildingâs footprint and provide added rental income and long-term value for the next owner. Each apartment has its own heating system, with either a gas-fired furnace or electric heat pump, and all units have central air conditioning for year-round comfort. Apartments 1 and 3 have individual water heaters, while the other units share a water heater. The property has 400 amps of electrical service with 100 amps allocated to each apartment. The building features a slate roof on the original structure, a rubber roof on the rear addition, and an asphalt shingle roof on the front porch. Additionally, four off-street parking spaces in the front are leased, providing additional monthly rental income. LiveBaltimore describes Northwood as a quaint neighborhood with tree-lined streets, where many residents have lived their entire lives. The average length of tenancy at 503 Radnor is 2 years and 3 months, highlighting strong tenant retention for this affordable Baltimore multi-family. Tenants can easily rely on public transportation, with the CityLink RED bus offering convenient access along York Road. With a Walk Score of 86, this location promotes affordable, car-free living in a transit-friendly community. Just 1.5 miles to the south, the Waverly Arts District offers access to the year-round Waverly Farmers Market, providing fresh, local food. Just one mile north is the Baltimore City/County line, offering tenants mobility to points in Towson/Lutherville and south (downtown Baltimore) for all lifestyle needs. At a great entry-level price per door for the cash flow it generates, 503 Radnor is ideal for new investors looking to dip their toes into the market; it also appeals to those seeking stability with a creative side, offering room for future renovations, such as finishing the basement into a livable 6th unit. Schedule your showing today and explore the possibilities this property has to offer.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.25 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- MDBA2145768
ADDITIONAL INFORMATION
List price is Opening Bid at the Online auction to be conducted on Auctioneers website. Auction ends Thursday, November 21, 2024 ending at 1:00 PM :Two unit building on corner lot with possible opportunity for subdivision. Ideal building for owner occupant seeking sizable two level living space with the flexibility of residual income from the main level two bedroom, 1 bath unit. Unit #2 is a two level four bedroom 2 bath unit. Each unit has its owner HVAC & water heater with separate entrances. This opportunity has everything that you are looking for in an investment. There are a multitude of windows so it is flooded with natural light, convenient location, separate utilities, corner lot and opportunity for future additional development.
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- MDBA2130110
- Subdivision:
- Kernewood
ADDITIONAL INFORMATION
**INCREDIBLE OPPORTUNITY** This duplex home features two large units, which are separately metered and will be ready for occupancy and making you money with some finishing touches and repairs. Priced to reflect the work needed, this property boasts two large units. The first floor is a large one bedroom, one bath with access to the basement for additional storage. This unit has LVP floors, a renovated bath and central air conditioning. The second floor features a 3 bedroom, 1 bath unit, with a renovated kitchen, LVP flooring throughout, a remodeled bathroom, Central Air and a tankless hot water system. The first floor has washer/dryer hookups and the second floor unit currently has a washer and dryer as well. This property will slot right into your rental portfolio, or perhaps be the start of a great cash flowing rental portfolio for a newer investor. Will not last! Make an offer today!
$2,300,000
499 Beaumont Avenue Baltimore, MD 21212
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1985
- Baths:
- MLS#:
- MDBA2127664
ADDITIONAL INFORMATION
**Subject to Offer - This post needs to include the ideal asking price, but the property is openÂtoÂoffers.** Located at 499 Beaumont Ave, Baltimore, MD 21212, this property benefits from its close proximity to well-known universities like Johns Hopkins University, Loyola University, Towson University, and Morgan State University. Being within walking distance of Loyola University makes it even more appealing to potential tenants, ensuring a steady demand for rentals. This investment opportunity features a corner lot with 25 tenant parking spaces and a nearby bus stop for convenient commuting. Recently renovated, the property includes 15 units, each with 2 bedrooms and in-unit washer/dryers. It also houses 3 commercial spaces currently leased as doctor's offices. With the potential to increase rental income by 50%, this property is a great choice for real estate investors looking for stable returns and growth opportunities. Its excellent location and recent upgrades make it a promising investment for those seeking a profitable venture. Take the next step towards securing this prime investment opportunity by submitting your offer today. Don't wait any longer to capitalize on the potential for substantial returns and long-term growth. Contact us now to discuss your offer and move closer to making this property a valuable addition to your portfolio. **Subject to Offer - This post needs to include the ideal asking price, but the property is openÂtoÂoffers.**
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Baltimore Real Estate
The median home value in Baltimore, MD is $180,200. This is higher than the county median home value of $177,100. The national median home value is $338,100. The average price of homes sold in Baltimore, MD is $180,200. Approximately 39.96% of Baltimore homes are owned, compared to 43.41% rented, while 16.62% are vacant. Baltimore real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Baltimore real estate agent to arrange a tour today!
Baltimore, Maryland 21212 has a population of 592,211. Baltimore 21212 is more family-centric than the surrounding county with 19.18% of the households containing married families with children. The county average for households married with children is 18.62%.
The median household income in Baltimore, Maryland 21212 is $54,124. The median household income for the surrounding county is $54,124 compared to the national median of $69,021. The median age of people living in Baltimore 21212 is 35.7 years.
Baltimore Weather
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 27.4 degrees. The average rainfall is approximately 42.3 inches per year, with 18.5 inches of snow per year.