4606 RIDGE AVENUE , Halethorpe, MD 21227(Baltimore County)

Colonial, Detached - HALETHORPE, MD

Wonderful opportunity to own 4 units with a great unit mix in Halethorpe! Individually metered for gas and electric, 4 separate entrances, coin laundry, and room to add value and increase NOI through renewals and renovations.

There are 2 - 1bd/1bth units and 2 - 2bd/1bth units. In place tenants have been at the property for many years and have signed extensions through 2025 and 2026. The property has been well maintained over the years and had its first vacancy in over 8 years. The unit is in good condition and requires minimal work to prepare for leasing to a new resident.

Rents:

1A - 2bd/1bth - leased for $1150/mo

1B - 2bd/1bth - leased for $1175/mo

2A - 1bd/1bth - vacant

2B - 1bd/1bth - leased for $1,100/mo

Plenty of on-site parking and great access for residents to the Marc Station, Route 1 and 695.

Good history of renting and potential to be a stable long term investment for the next own...