Change Real Estate Presents:

4606 Ridge Avenue
Halethorpe MD 21227

For Sale: $590,000.00 Active

List Date: 2025-08-07

Halethorpe
6 bedrooms
4 bathrooms
3,374 build ft2
12,500 land ft2

About This Property

LEGAL 4 Unit with 1 vacancy! Great opportunity to buy as an owner occupant and let the tenants help you build equity! 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 Gross potential income by taking units to market rents of over $5000/mo + other income. 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 Agent: David A Alvarado. Fairfax Realty Premier 240-997-9506 david@sea-rei.com

Property Features

Location Information
County:
Subdivision: HALETHORPE
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Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Window Unit(s)
Heating: Radiator
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1915
Legal Subdivision: Halethorpe
Subdivision Name: Halethorpe
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of David A Alvarado. Fairfax Realty Premier 240-997-9506 david@sea-rei.com

Property Photos [Click to enlarge]

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