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4308 Belair Road

BALTIMORE, MD 21206
  • $159,900
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: MDBA2075252
UPDATED: 71 min ago
$159,900
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,470
    SQFT
  • $109
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:

School Ratings & Info

Description

Great opportunity for owner occupant or investor. Live where you work, or use part and rent part. As an investment property it has a cap rate of about 9%, even with the current rents below market. The large back yard offers parking, but parking seems liberal on the street as well. The apartment was renovated in recent years. It features an attractive kitchen with white cabinets and stainless steel appliances. Its floors are hardwood. The salon occupies the first floor and basement. All salon fixtures convey. The previous rent was $950. The apartment is rented for $750. The tenants pay most utilities. The property is in overall very good condition. This is a good deal!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Arlington Realty, Inc.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-03-23T06:54:19.603.
www.arlingtonrealtyinc.com/homes/136874167
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4308 Belair Road BALTIMORE, MD 21206

  • Price: $159,900
  • Status: Active
  • On Site: 40 Days
  • Updated: 71 min ago
  • ID#: MDBA2075252
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1,470
SQFT
$109
$/SQFT
1927
Built
Neighborhood:
Gardenville
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
Great opportunity for owner occupant or investor. Live where you work, or use part and rent part. As an investment property it has a cap rate of about 9%, even with the current rents below market. The large back yard offers parking, but parking seems liberal on the street as well. The apartment was renovated in recent years. It features an attractive kitchen with white cabinets and stainless steel appliances. Its floors are hardwood. The salon occupies the first floor and basement. All salon fixtures convey. The previous rent was $950. The apartment is rented for $750. The tenants pay most utilities. The property is in overall very good condition. This is a good deal!
Exterior Features

Architectural Style Craftsman Construction Materials Brick Exterior Features Exterior LightingFire EscapeGutter SystemSidewalks Garage YN No Location Type Urban Lot Features Front YardRear Yard Other Structures Above GradeBelow Grade Parking Types Off Street Patio And Porch Features Deck(S) Pool No Pool Property Condition Very Good Riparian Rights YN No Road Responsibility City/County Road Surface Type Black Top View StreetCity Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1182 Appliances Oven - DoubleRefrigerator Basement Connecting StairwayHeatedImprovedInterior AccessOutside EntrancePartially FinishedPoured ConcreteRear Entrance Basement YN Yes Below Grade Finished Area 288 Below Grade Unfinished Area 288 Cooling Wall UnitWindow Unit(S) Fireplace YN No Flooring Ceramic TileConcreteHardwoodOther Heating Baseboard - Electric Heating YN Yes Inclusions All Appliances And Attached Salon Equipment Interior Features Built-InsStall ShowerWood Floors Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features Other Assessment Year 2023 Cap Value Ground Rent 1800.00 Central Air YN No Cooling Fuel Electric Electric Average Monthly 0 Electric Last12 Months 0.00 Foundation Details Brick/Mortar Gross Income 20400.00 Ground Rent Amount 90.00 Ground Rent Payment Frequency Annually Heating Fuel Electric Historic YN No Hot Water Electric Insurance Expense 1334.00 Maintenance Expense 1812.00 Municipality Baltimore City Navigable Water YN N Net Operating Income 14618.00 New Construction YN No Number Of Units Leased 1 Number Of Units Total 1 Operating Expense 5782.00 Operating Expense Includes Insurance Original MLSNumber 802150372310 Owner Pays Common Area MaintenanceInsuranceLawn/Shrub CareMiscellaneousRepairsServices (All)SewerTaxes - Real EstateWater Ownership Interest Ground Rent Possession Settlement Property Sub Type Duplex Rent Control YN No Sale Type Standard Section 01 Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1729.00 Tax Assessment Amount 88533.00 Tax Lot 003A Total Actual Rent 20400.00 Transportation Airport Less Than 10 MilesCommuter Rail Station 1 To 5 MilesBus Stop Less Than 1 Mile Utilities Cable Tv AvailableElectric AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Average Monthly 71 Water Last12 Months 852.00 Water Source Public Zoning R-7* Zoning Description Residential. Commercial

Listing courtesy of Coldwell Banker Realty: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Arlington Realty, Inc.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-03-23T06:54:19.603.
 
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