$265,000
$274,900
3.6%For more information regarding the value of a property, please contact us for a free consultation.
1,824 SqFt
SOLD DATE : 07/08/2024
Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $145
MLS Listing ID MDBC2091594
Sold Date 07/08/24
Style Tudor
Abv Grd Liv Area 1,824
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $2,105
Tax Year 2024
Lot Size 2,311 Sqft
Acres 0.05
Property Sub-Type End of Row/Townhouse
Property Description
Welcome to 4419 Kenwood Ave, an exceptional business and investment opportunity situated in the thriving community of Baltimore County! Boasting commercial zoning, this property offers versatility and income potential for savvy investors.
Currently occupied by three tenants, each unit contributes to the property's steady rental income. The basement unit provides comfortable living space with a bedroom, full bathroom, and kitchen area. The tenant in this unit pays $500 a month through August, expressing interest in continuing their lease.
The main level is currently utilized as a flourishing beauty salon. The current salon tenant pays $750 a month and is hoping to stay to further enhance the property's income.
Ascending to the upper level, you'll find a residential unit featuring two bedrooms, a full bathroom, kitchen, and a private detached garage. Generating $1,000 in rent per month, this unit offers desirable living accommodations for tenants seeking comfort and convenience.
While noting that there is currently no A/C in the upper level unit, the property's sought-after location compensates with its desirable amenities and features.
Significant updates include a new roof and deck installed in 2022, ensuring longevity and appeal. Additionally, a new 50-gallon water heater was added in 2024, enhancing functionality and efficiency.
Electricity is separately metered for each unit, providing convenience and transparency for tenants. Gas expenses are covered by the landlord, simplifying utility management.
Nestled in a sought-after area, this property offers proximity to amenities, transportation, and entertainment, further enhancing its attractiveness to tenants and prospective businesses.
Don't miss out on this prime investment opportunity at 4419 Kenwood Ave. Schedule your showing today and explore the potential for lucrative returns and business success!
Location
State MD
County Baltimore
Zoning BL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Rear Entry, Additional Storage Area, Covered Parking
Garage Spaces 1.0
Water Access N
Accessibility Other
Total Parking Spaces 1
Garage Y
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Tudor
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore County Public Schools
Others
Tax ID 04141407001676
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Jose A Rivas • Keller Williams Gateway LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "