6340 FREDERICK RD, Catonsville, MD 21228 – MDBC2112164

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$300,000

Est. payment - /mo

1,839 SqFt

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UPDATED:

11/20/2024 05:55 PM

Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Pending

Purchase Type For Sale

Square Footage 1,839 sqft

Price per Sqft $163

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

***Offer received. Offer deadline is Tuesday 11/19 at 5:00 PM.*** 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

Water Access N

View Street

Roof Type Slate

Accessibility None

Porch Balcony, Porch(es)

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

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Listed by Jamie L Koehler • Cummings & Co. Realtors

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262