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Catonsville,MD 21228
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,839 sqft
Price per Sqft $149
MLS Listing ID MDBC2112164
Style Federal
Abv Grd Liv Area 1,314
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $2,149
Tax Year 2024
Lot Size 3,286 Sqft
Acres 0.08
Property Description
Wow! Incredible opportunity to own a 3-unit property in the heart of desirable Catonsville, just one mile down the road from the main street, brimming with charming restaurants, cozy coffee shops, and boutique stores! This property offers flexibility and investment potential with two stable, long-term tenants and a newly renovated, ready-to-occupy vacant apartment. The main level and second level apartments each offer a 1 bedroom/1 bathroom layout and are rented for $925 per month, with reliable tenants who have called this property home for over 13 years! The walkout basement apartment has been fully refreshed and is ready for immediate occupancy with new LVP flooring, updated cabinets, a new formica countertop, fresh paint, new white appliances, a new standing shower, and a modern vanity. Live in it yourself and use the monthly rent from the other two apartments to defray your mortgage costs, or rent it – similar recent rental comps have commanded $1,190 - $1,295 in monthly rent! (See 114 Cherrydell Rd #1 that rented for $1,190 on 10/1/2024, 6310 Frederick Rd #2 that rented for $1,095 on 6/24/2024, 6324 Frederick Rd #2 that rented for $1,095 on 6/24/2024, and 29 N Symington Rd #1 that rented for $1,295 on 6/5/2024). All tenants share access to the on-site laundry. A 1-car garage and rear parking are available for the new owner, or the garage can be rented separately or bundled with the basement apartment for additional income. Written leases, lead certificates, and rental license in hand! All tenants are paid in full; no delinquency! Potential to increase cashflow by raising rents in the main and second level apartments, and leasing the garage and parking. Whether you’re an investor or looking for a home with income potential, this Catonsville property has it all!
Location
State MD
County Baltimore
Zoning R
Rooms
Basement Daylight, Partial,Heated,Improved,Outside Entrance,Partially Finished,Rear Entrance,Sump Pump,Walkout Level,Windows
Interior
Interior Features Bathroom - Stall Shower,Bathroom - Tub Shower,Carpet,Ceiling Fan(s),Entry Level Bedroom,Recessed Lighting,Upgraded Countertops
Hot Water Natural Gas
Heating Baseboard - Electric,Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Plank,Partially Carpeted,Tile/Brick
Equipment Dryer,Dryer - Electric,Dryer - Front Loading,Oven/Range - Electric,Oven/Range - Gas,Range Hood,Refrigerator,Stove,Washer,Water Heater
Fireplace N
Window Features Bay/Bow
Appliance Dryer,Dryer - Electric,Dryer - Front Loading,Oven/Range - Electric,Oven/Range - Gas,Range Hood,Refrigerator,Stove,Washer,Water Heater
Heat Source Natural Gas,Electric
Exterior
Exterior Feature Balcony,Porch(es)
Garage Covered Parking,Garage - Rear Entry
Garage Spaces 3.0
Waterfront N
Water Access N
View Street
Roof Type Slate
Accessibility None
Porch Balcony,Porch(es)
Parking Type Attached Garage,Driveway
Attached Garage 1
Total Parking Spaces 3
Garage Y
Building
Lot Description Corner,Front Yard,Rear Yard,SideYard(s)
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Baltimore County Public Schools
Others
Tax ID 04010104650011
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Main Entrance Lock,Smoke Detector
Special Listing Condition Standard