Tina Poss
Office: 301.698.3232
Cell: 301.514.4233
4410 Elderon Ave, BALTIMORE
$206,000
0 Beds
0 Baths
1,254 Sqft
.17 Acres
0 Garages
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.
Essential Information
MLS® #MDBA2118836
Price$206,000
Bathrooms0.00
Square Footage1,254
Acres0.17
Year Built1940
TypeMulti-Family
Sub-TypeOther, Duplex
StyleOther
StatusActive
Community Information
Address4410 Elderon Ave
CityBALTIMORE
CountyBALTIMORE CITY-MD
StateMD
MunicipalityBaltimore City
Zip Code21215
Interior
HeatingCentral
CoolingCentral A/C
Has BasementYes
BasementOther
Exterior
ExteriorShake
School Information
DistrictBALTIMORE CITY PUBLIC SCHOOLS
Additional Information
ZoningR-1
Listing Details
OfficeAB & Co Realtors, Inc.
Office Contact(443) 275-7188
Property History
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Price Reduced from $216,000 to $206,000
LISTING MAP
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Listing information last updated on May 9th, 2024 at 4:00am EDT.
