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4008 SOUTHERN AVE Baltimore, MD 21206
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Key Details
Sold Price $299,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,777 sqft
Price per Sqft $107
Subdivision Waltherson
MLS Listing ID MDBA2117976
Sold Date 06/04/24
Style Converted Dwelling
Abv Grd Liv Area 2,777
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $4,393
Tax Year 2023
Lot Size 7,100 Sqft
Acres 0.16
Property Description
Embrace a unique investment opportunity at 4008 Southern Ave, Baltimore, MD 21206, where versatility meets value in a vibrant urban setting. This distinctive property hosts four separate apartments, each featuring a one-bedroom, one-bathroom layout, perfectly designed for maximized living space and rental appeal. Its prime location promises a blend of residential tranquility and convenient access to Baltimore's rich tapestry of cultural, educational, and recreational offerings, making it an irresistible choice for tenants and ensuring a steady rental demand.
Ideal for both seasoned and novice investors, this property offers the perfect entry into the multi-unit investment sphere or an innovative house hacking scenario. Live in one unit, experiencing the city's charm firsthand, while the other three apartments work for you, turning expenses into income. With its potential for stable cash flow, tax benefits, and appreciation, 4008 Southern Ave stands as a wise investment in your financial future and a tangible step towards achieving real estate success. Step into a property that not only promises a home but also an investment strategy, catering to those who see beyond the present and invest in tomorrow.
Currently, two apartments are being rented at $750/month and the 3rd tenant is in the process of being evicted. The 4th unit is rehabbed and ready for a new tenant to move in. All licenses and leases are up to date and can be verified.
Location
State MD
County Baltimore City
Zoning R-3
Rooms
Basement Other
Interior
Interior Features 2nd Kitchen
Hot Water Electric
Heating Radiator, Baseboard - Electric
Cooling Other
Fireplace N
Window Features Double Hung
Heat Source Electric
Exterior
Exterior Feature Porch(es)
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Porch Porch(es)
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327025854A004
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Michael Zwarick • Keller Williams Realty Centre