Maryland
Halethorpe
4606 RIDGE AVENUE

$619,900

4606 RIDGE AVENUE, Halethorpe, MD 21227

3,374 sqft

Multi-Family Home
Built in 1915
0.29acre lot
—— car garage
$184/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Date Added:: May 9, 2025 at 05:00AM
Listing Office:: Fairfax Realty Premier : 3014399500
Listing Agent:: David A Alvarado : 2409979506
MLS ID:: MDBC2124580

General: Carpet
Appliances: RefrigeratorOven/Range - Gas
Basement: Other
Flooring: CarpetHardwoodVinyl
A/C: Ceiling Fan(s)Window Unit(s)
Heating: YRadiatorNatural Gas
Disability Feature: None

This listing courtesy of David A Alvarado, Fairfax Realty Premier

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Halethorpe Elementary School

4300 Maple Ave, Halethorpe, MD, 21227

Grades PK-5

0.35 miles away

Arbutus Middle School

5525 Shelbourne Rd, Halethorpe, MD, 21227

Grades 6-8

1.09 miles away

Maiden Choice School

4901 Shelbourne Rd, Halethorpe, MD, 21227

Grades PK-12

1.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.