5301 EDMONDSON AVENUE

BALTIMORE , MD 21229

MLS#: MDBA2186238

$699,000

Status: Active
Listing number: MDBA2186238
Listing provided by: Coldwell Banker Realty
Listing agent phone: None
Last update: 8 days ago
On site: 8 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1928

Sq.Footage

N/A

Great investment opportunity near Catonsville just inside the Baltimore City line. Four 1-bedroom/1-bathroom units have been rented, and one 2-bedrooms/1-bathroom unit has recently been renovated as an owner’s suite or as a rental unit for a new tenant. Gross annual rent for the rented 4 units is $61,200 ($5,100/month), and can be $79,200 ($6,600/month) if the fifth unit (2BR/1BA) is rented out. Let the rent income pay the mortgage. Well maintained: unit renovations (floor, kitchen) in 2021-2025 with updates on furnace, water heater, roof in the last several years. Separate electric meters for all units. Conveniently located near Rt 695 and major highways for a short commute to UMBC, UMB, and downtown Baltimore. Two-car attached garage can be leased for additional income as well as the income from the coin laundry.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street, Garage, Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.33

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $699,000

  • Tax Amount

    7720.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    012

  • Water Source

    Public

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Listing Courtesy of Takashi Yoshioka , Coldwell Banker Realty

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Great investment opportunity near Catonsville just inside the Baltimore City line. Four 1-bedroom/1-bathroom units have been rented, and one 2-bedrooms/1-bathroom unit has recently been renovated as an owner’s suite or as a rental unit for a new tenant. Gross annual rent for the rented 4 units is $61,200 ($5,100/month), and can be $79,200 ($6,600/month) if the fifth unit (2BR/1BA) is rented out. Let the rent income pay the mortgage. Well maintained: unit renovations (floor, kitchen) in 2021-2025 with updates on furnace, water heater, roof in the last several years. Separate electric meters for all units. Conveniently located near Rt 695 and major highways for a short commute to UMBC, UMB, and downtown Baltimore. Two-car attached garage can be leased for additional income as well as the income from the coin laundry.

5301 EDMONDSON AVENUE

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- property

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