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4308 Belair Road, Baltimore, MD 21206
$150,000
4308 Belair Road, Baltimore, MD 21206View this property at 4308 Belair Road, Baltimore, MD 21206
4308 Belair RoadBaltimoreMD21206
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Property Description
Price Reduction! Great buy for an investor or a user. This property has been recently renovated and more recently refreshed. The many updates include a recent rubber membrane roof. A fully equipped beauty salon could be adapted for other uses, such as a nail salon, spa or barber shop. it is spotless and turn key. Above is a spacious renovated apartment with a renovated kitchen containing stainless steel appliances and white cabinets. The original hardwood floors are refinished. There is also a roof deck. The property is being delivered vacant. The market value rents are $950 for the apartment and $1250 for the salon. The tenants pay most utilities. The current taxes are low. The property has great numbers as an investment property. The cap rate would be over 12%. There is a large fenced back yard that could be used for parking. However, parking is also abundant on the street. This would also be a good candidate for live in part and rent part or live where you work. It is an attractive block with a heavy traffic flow and high visibility. It is also about a block from a lovely park. It is located convenient to Hopkins Hospital and downtown. It's also just a few miles 'west of I-95. This is perfect for a first time investor. It's ready to rent and will have a great positive cash flow.
Full Property Details
Full Property Details for 4308 Belair Rd
General
- Sold For: $150,000
- Taxes: $1,729 (2022)
- Status: Closed
- Type: Duplex
- MLS ID: MDBA2097472
- Added to Site: 246 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Floor Plan - Traditional, Other, Wood Floors
- Appliances: Oven - Double, Refrigerator, Stainless Steel Appliances
- Flooring: Hardwood, Vinyl
Exterior
- Exterior Features: Other
- Porch/Patio/Deck: Deck(s)
Parking
- Total Spaces: 6
- Parking Features: Crushed Stone
- Parking Type: Driveway, On Street, Parking Lot
Location
- Municipality: Baltimore City
- County: Baltimore City
- Development Name: Gardenville
- Subdivision: Gardenville
- Driving Directions: South of Moravia Rd. just north of Herring Run Park
- Location Details: Middle Of Block
- City Limits: Yes
School Information
- School District: Baltimore City Public Schools
Heating & Cooling
- Cooling Type: Wall Unit, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available, Phone, Sewer Available, Other
Structural Information
- Architectural Info: Converted Dwelling
- Architectural Style: Converted Dwelling
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Connecting Stairway, Interior Access, Improved, Water Proofing System, Full
- Foundation: Other
- Stories/Levels: 3
- Square Feet: 1,758
- Sq. Ft. Source: Assessor
- Living Area: 1,470 Sq. Ft.
- Year Built: 1927
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- 1 Bedroom Units: 1
Lot Features
- Property View: City
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,859
- Lot Size Source: Estimated
- Lot Features: Front Yard, Rear Yard
- Zoning: R-7*
- Lot Description: Front Yard, Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $135.28
- Ground Rent: $90
- Operating Expenses: $5,790
- Assessment Year: 2023
- City/TownTax: $1,647
- City/TownTax Freq: Annually
- County Tax: $82
- County Tax Freq: Annually
- Tax w/Assessment: $88,533
- Tax Amount: $1,729
- Tax Year: 2022
- Terms: Standard Sale
- Owner Pays: Common Area Maintenance, Insurance, Management, Miscellaneous, Repairs, Taxes - Real Estate, Water, Advertising/Licenses and Permits, Other
- Landlord Pays: Common Area Maintenance, Insurance, Management, Miscellaneous, Repairs, Taxes - Real Estate, Water, Advertising/Licenses and Permits, Other
- Tax Total Finished Sq. Ft.: 1470
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Ground Rent
- Inclusions: All appliances and fixtures and salon equipment
- Section: 1
- Lot Number: 003A
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Schools
Schools serving 4308 Belair Rd
School District:Baltimore City Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Gardenville Elementary School
5300 Belair Rd, Baltimore, MD 21206 | K-5 | 1 mi | |
1300 Gorsuch Ave, Baltimore, MD 21218 | PK-5 | 2.1 mi | |
6401 Pioneer Dr, Baltimore, MD 21214 | 9-12 | 2.6 mi | |
100 Kane St, Baltimore, MD 21224 | 9-12 | 2.9 mi | |
1400 Orleans St, Baltimore, MD 21231 | 9-12 | 2.9 mi | |
1301 McCulloh St, Baltimore, MD 21217 | 9-12 | 3.8 mi | |
1100 Covington St, Baltimore, MD 21230 | 9-12 | 4.3 mi | |
1500 Harlem Ave, Baltimore, MD 21217 | 9-12 | 4.6 mi | |
100 N Calhoun St, Baltimore, MD 21223 | 9-12 | 4.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4308 Belair Rd
Date
Details
Price
Change
Source
12/05/2023
Sold
$150,000
-6.19%
MLS
10/30/2023
Price Reduced
$159,900
-3.09%
MLS
9/11/2023
Listed
$165,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4308 Belair Road, Baltimore, MD 21206 (MLS# MDBA2097472) is a Duplex property that was sold at $150,000 on December 05, 2023. This property was listed by Melvin Knight from our Baltimore Roland Park Office.Want to learn more about 4308 Belair Road? Do you have questions about finding other Duplex real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.