Home Details
4807 Cordelia Ave Fully Renovated, Affordable, and Positioned for Growth
Baltimore, MD 21215
Seller Is Motivated + Offering Closing Assistance
Step into a freshly renovated home that gives you modern comfort, financial breathing room, and a smart long-term investment all in one package.
Renovations & Upgrades
New kitchen
Updated bathrooms
Electrical + plumbing upgrades
Natural hardwood floors
Fresh paint & fixtures
Finished basement (potential 3rd bedroom or rentable space)
Two off-street parking spaces
Location Wins
Nearby conveniences include Mondawmin Mall (approx. 1.2 miles, 57 min), Mondawmin Metro Station (approx. 1.3 miles, 58 min), Sinai Hospital (approx. 1.9 miles, 710 min), and Coppin State University (approx. 4.3 miles, 1215 min). Close to local parks and the Pimlico Race Course redevelopment area, with BWI Airport roughly 3035 minutes away. Everything you need is within quick reach.
Buying here now is positioning yourself before the growth wave hits.
Affordability Snapshot (Rough Estimate)
(These are ballpark numbers buyers can actually picture)
If priced around $200,000 (example):
With a 6% interest rate
3% down payment
Approx. mortgage: $1,350$1,500/month
Thats often less than rent for a two-bedroom in Baltimore.
With seller closing help:
Your out-of-pocket to move in can drop dramatically, making this one of the easiest homes to secure financially.
Investor ROI Snapshot (Rough Estimate)
Based on average rental rates in this area:
2-bed renovated homes: $1,600$1,850/month
3-bed or basement-suite setups: $1,850$2,200/month
With a mortgage around $1,350$1,500, your potential cash flow after expenses sits in the positive range, depending on your setup.
And with Pimlicos redevelopment, the appreciation upside is very real.
This property fits:
First-time buyers
House hackers
Investors
Anyone wanting move-in-ready living with future value built in
Why This Home Makes Sense in Todays Economy
With rates easing and inventory increasing, buyers finally have leverage especially when a seller is offering help.
A fully renovated home + closing assistance + a growing neighborhood = smart purchase + low stress + strong future upside.
Presented By: Berkshire Hathaway HomeServices PenFed Realty