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$289,900   Price Analysis
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4008 Southern Ave
Baltimore, MD 21206
4 bed None bath 2,777 SqFt ($104/SqFt)
7,100SqFt lot. Built 1915
Listed 2024-03-15
Ⓧ USDA Ineligible
due to location

near Baltimore

Embrace a unique investment opportunity at 4008 Southern Ave

* Sale Pending *

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. Idel 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, turni ng 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 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.


Presented by Eric Lisica at
Keller Williams Flagship of Maryland.
Listing Agent Photo

Property MLS #MDBA2117976 from BrightMLS

Bedrooms: 4

2nd Kitchen
Basement

Heating Features: Radiator, Baseboard - Electric
Heating: Yes

Lot Size Acres: 0.1629936
Lot Size Square Feet: 7100

Parking Features: Concrete Driveway

Number of Units: 4
Number of 1 Bedroom Units: 4

School District: BALTIMORE CITY PUBLIC SCHOOLS

Gardenville Elementary School is a public elementary school located approximately 0.4 miles away.
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Stadium School is a public middle school located approximately 2.5 miles away.
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Cathedral Christian Academy is a private elementary and middle school located approximately 0.5 miles away.
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City Neighbors High School is a public high school located approximately 1 miles away.
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Annual Tax Amount: 4393.0
Source Listing Status: Pending
County: BALTIMORE CITY
Source Property Type: Multi-Family
Area: BALTIMORE CITY
Source Neighborhood: WALTHERSON
Postal Code Plus 4: 5564
Subdivision: WALTHERSON
Township: Baltimore City
Property Subtype: Quadruplex
Source System Name: C2C

Price Changed 2024-04-14
$289,900
BrightMLS
Relisted 2024-04-02
$299,900
BrightMLS
Listing removed 2024-03-31
$0
BrightMLS
Listed 2024-03-15
$179,900
BrightMLS
Sold 2022-02-15
$222,600
BrightMLS
Listed 2022-01-04
$150,000
BrightMLS

Total Square Feet Living: 3906
Year Built: 1915
Construction Materials: Frame
Property Age: 109
Structure Type: Detached
House Style: Converted Dwelling
Total Below Grade Area: 1129
Architectural Style: Detached
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.