Halethorpe, MD 21227 4606 Ridge Avenue
$600,000
19 more
Presented By: Fairfax Realty Premier
Beds • 6
Beds • 6Home Details
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.
Presented By: Fairfax Realty Premier
Interior Features for 4606 Ridge Avenue
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
BasementOther
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringCarpet, Hardwood, Vinyl
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesCarpet
Total Stories4
Window FeaturesDouble Pane, Vinyl Clad
General for 4606 Ridge Avenue
Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesRefrigerator, Oven/Range - Gas
Architectural StyleColonial
Association Recreation FeeN
CityHALETHORPE
Construction MaterialsFrame, Vinyl Siding
Contingency TypeAppraisal, Financing Approval, Home Inspection
Cool FuelNone
CoolingCeiling Fan(s), Window Unit(s)
CountyBALTIMORE
DirectionsFrom Washington Blvd (near 695), travel southeast .5 miles, take slight right onto Ridge Ave. Travel .5 miles and property will be located on right hand side.
DisclosuresLead Based Paint - Federal, Lead Based Paint - State, Lead Inspection Certificate Available, Prop Disclaimer
Electric100 Amp Service
ExclusionsAny personal property belonging to Tenants
Garage Y/NNo
Gross Income48172.50
HeatingRadiator
Home Warranty Y/NNo
Lease TypeYearly
Legal SubdivisionHALETHORPE
Lot Size Square Feet12500.00
Lot Size UnitsSquare Feet
MaintenanceExpense4434.54
ModificationTimestamp2025-04-24T16:56:52
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
NumberOfUnitsVacant1
One Bedroom Units Count2
Operating Expense19302.29
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnerPaysAdvertising/Licenses and Permits, Insurance, Management, Pest Control, Sewer, Water, Gas, Lawn/Shrub Care
OwnershipFee Simple
Patio/Porch FeaturesDeck(s)
Possession0-30 Days CD, 31-60 Days CD, Immediate
Price Per Sq Ft Total AG177.83
Property ConditionGood
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
School DistrictBALTIMORE COUNTY PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeDetached
Subdivision NameHALETHORPE
Tax Annual Amount4195.0
Tax Assessed Value372033.0
Tax Lot227
Tax Year2024
Total SQFT4758
Two Bedroom2
UtilitiesAbove Ground
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRESIDENTIAL 04
Exterior for 4606 Ridge Avenue
Foundation DetailsBlock, Stone
Land Assessed Value106200.00
Land Use CodeR
Lot Dimensions1.00 x
Lot Size Acres0.29
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesCircular Driveway, Paved Driveway
Parking Lot - # of Spaces6
PoolNo Pool
Total Parking Spaces6
Type of ParkingOff Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
