6340 FREDERICK RD Pending

Catonsville,MD 21228

$ 300000

2 Beds

3 Baths

1839 SqFt


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

Subdivision Catonsville

MLS Listing ID MDBC2112846

Style Federal

Bedrooms 2

Full Baths 3

Year Built 1930

Annual Tax Amount $2,149

Tax Year 2024

Lot Size 3,286 Sqft

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

Interior

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

Exterior

Exterior Feature Balcony,Porch(es)

Parking Features Covered Parking,Garage - Rear Entry

Garage Spaces 3.0

Water Access N

View Street

Roof Type Slate

Building

Lot Description Corner,Front Yard,Rear Yard,SideYard(s)

Story 3

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore County Public Schools

Others

Special Listing Condition Standard

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