Welcome to 503 Academy Road – a beautifully renovated two-unit multi-family property offering a fantastic investment opportunity with the added potential for owner-occupant living! Fully renovated in 2017, this property is ideal for investors or someone looking to live in one unit while renting out the other for additional income.
Please note that the photos are only of Unit B. Both units are similar, but Unit A is slightly larger. Unit A is currently leased for $2,525 per month. Unit B is vacant and has previously leased for $2,300 per month. Both units were renovated at the same time and have similar finishes, featuring a spacious floor plan with two bedrooms and one and a half bathrooms.
Both units are equipped with modern upgrades, including stunning wood floors, neutral paint, and updated kitchens and bathrooms. The kitchens are modern and stylish, boasting granite countertops and stainless steel appliances.
For added convenience, both units are separately metered and each has its own washer and dryer in the basement.
The property also offers a large shed with overhead door and electric, perfect for additional storage or hobby use. The spacious backyard provides ample space and could have potential for future development or subdivision (buyer to verify with local authorities).
With its prime location in Catonsville, this multi-family property presents both a strong investment opportunity and a comfortable living space for tenants. Whether you're looking to live in one unit and rent the other, or rent out both for maximum return, 503 Academy Road is a perfect choice! Don't miss out on this gem – schedule your tour today!
3,716 Sq Ft
0.81 Private Acres Exterior Space
Other
$5,243 Annual Tax
Built in 1915
MLS/Listing ID MDBC2121798
2 Units
Listing Courtesy of THE KW COLLECTIVE, MATTHEW SPENCE - 410-952-3489
Source of Data: BRIGHT MLS
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 04/25/2025.
Source: Bright Multiple Listing Service, Inc.
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