Baltimore, MD 21215,4410 ELDERON AVE
Baltimore, MD 21215,4410 ELDERON AVE
Baltimore, MD 21215,4410 ELDERON AVE
20
$195,000
$206,000
5.3%
Est.Price: ?

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4 BD
2 BA
1,254 SqFt

4410 ELDERON AVE Baltimore, MD 21215

Est. payment /mo
SOLD DATE : 06/28/2024

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Key Details

Sold Price $195,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 1,254 sqft

Price per Sqft $155

Subdivision West Arlington

MLS Listing ID MDBA2118834

Sold Date 06/28/24

Style Other

Bedrooms 4

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,254

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $3,634

Tax Year 2024

Lot Size 7,497 Sqft

Acres 0.17

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

Rooms

Basement Other

Main Level Bedrooms 4

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Story 3

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Senior Community No

Tax ID 0328028198 006

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash, Private

Listing Terms Conventional, Cash, Private

Financing Conventional,Cash,Private

Special Listing Condition Standard

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

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Lindsey Binks

Agent | License ID: 1642886

+1(609) 923-6752

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