Seller's Agent in 2024
Jamie Koehler
Cummings & Co Realtors
(443) 604-5875
2 in this area
115 Total Sales
Estimated Value: $281,000 - $342,203
***Offer received. Offer deadline is Tuesday 11/19 at 5:00 PM.*** Wow! Incredible opportunity to own a 3-unit property in the heart of desirable Catonsville, just one mile down the road from the main street, brimming with charming restaurants, cozy coffee shops, and boutique stores! This property offers flexibility and investment potential with two stable, long-term tenants and a newly renovated, ready-to-occupy vacant apartment. The main level and second level apartments each offer a 1 bedroom/1 bathroom layout and are rented for $925 per month, with reliable tenants who have called this property home for over 13 years! The walkout basement apartment has been fully refreshed and is ready for immediate occupancy with new LVP flooring, updated cabinets, a new formica countertop, fresh paint, new white appliances, a new standing shower, and a modern vanity. Live in it yourself and use the monthly rent from the other two apartments to defray your mortgage costs, or rent it – similar recent rental comps have commanded $1,190 - $1,295 in monthly rent! (See 114 Cherrydell Rd #1 that rented for $1,190 on 10/1/2024, 6310 Frederick Rd #2 that rented for $1,095 on 6/24/2024, 6324 Frederick Rd #2 that rented for $1,095 on 6/24/2024, and 29 N Symington Rd #1 that rented for $1,295 on 6/5/2024). All tenants share access to the on-site laundry. A 1-car garage and rear parking are available for the new owner, or the garage can be rented separately or bundled with the basement apartment for additional income. Written leases, lead certificates, and rental license in hand! All tenants are paid in full; no delinquency! Potential to increase cashflow by raising rents in the main and second level apartments, and leasing the garage and parking. Whether you’re an investor or looking for a home with income potential, this Catonsville property has it all!
Last Agent to Sell the Property
(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors Listed on: 11/15/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2483 Llc | $290,000 | Universal Title | |
| 2483 Llc | $290,000 | Universal Title | |
| Carpenter Dan | $138,000 | -- | |
| Carpenter Dan | $138,000 | -- | |
| Schreiber Norman | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2483 Llc | $232,000 | |
| Closed | 2483 Llc | $232,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/18/2024 12/18/24 | Sold | $290,000 | 0.0% | $158 / Sq Ft | |
| 12/17/2024 12/17/24 | Sold | $290,000 | -3.3% | $158 / Sq Ft | View Prior Sale |
| 11/20/2024 11/20/24 | Pending | -- | -- | -- | |
| 11/20/2024 11/20/24 | Price Changed | $300,000 | 0.0% | $163 / Sq Ft | |
| 11/20/2024 11/20/24 | Pending | -- | -- | -- | |
| 11/20/2024 11/20/24 | Price Changed | $300,000 | +9.1% | $163 / Sq Ft | |
| 11/15/2024 11/15/24 | For Sale | $275,000 | 0.0% | $150 / Sq Ft | |
| 11/15/2024 11/15/24 | For Sale | $275,000 | -- | $150 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,319 | $216,533 | -- | -- |
| 2024 | $5,319 | $183,800 | $76,000 | $107,800 |
| 2023 | $6,058 | $177,333 | $0 | $0 |
| 2022 | $2,682 | $170,867 | $0 | $0 |
| 2021 | $2,547 | $164,400 | $76,000 | $88,400 |
| 2020 | $2,547 | $160,533 | $0 | $0 |
| 2019 | $2,876 | $156,667 | $0 | $0 |
| 2018 | $2,835 | $152,800 | $56,200 | $96,600 |
| 2017 | $2,671 | $147,700 | $0 | $0 |
| 2016 | $2,647 | $142,600 | $0 | $0 |
| 2015 | $2,647 | $137,500 | $0 | $0 |
| 2014 | $2,647 | $137,500 | $0 | $0 |
Seller's Agent in 2024
Jamie Koehler
Cummings & Co Realtors
(443) 604-5875
2 in this area
115 Total Sales
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Buyer's Agent in 2024
Krishna Kandel
Taylor Properties
(410) 570-9819
8 in this area
19 Total Sales
Source: Bright MLS
MLS Number: MDBC2112164
APN: 01-0104650011
Ask me questions while you tour the home.