4606 RIDGE Ave
arbutus, MD 21227$600,000
- contract signed
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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 owner.
Details
3,374 Sq Ft
0.29 Private Acres Exterior Space
Investment
$4,195 Annual Tax
Built in 1915
MLS/Listing ID MDBC2124580
4 Units
Amenities & Features
Shingle
Parking - Circular Driveway
Heating - Natural Gas
Stone
Block
Vinyl
Hardwood
Carpet
Cooling - Window Units
Cooling - Ceiling Fans
Construction - Vinyl Siding
Construction - Frame
Style - Colonial
Refrigerator
Listing Courtesy of FAIRFAX REALTY PREMIER, DAVID A ALVARADO - 240-997-9506
Source of Data: BRIGHT MLS
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All information deemed reliable but not guaranteed. Last date updated: 04/26/2025.
Source: Bright Multiple Listing Service, Inc.
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