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2926 ERDMAN AVE Baltimore, MD 21213
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Key Details
Sold Price $205,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,686 sqft
Price per Sqft $121
MLS Listing ID MDBA2073590
Sold Date 03/10/23
Style Federal
Abv Grd Liv Area 1,686
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $2,240
Tax Year 2023
Lot Size 435 Sqft
Acres 0.01
Property Description
Incredible investment potential in blossuming Bel-Air Edison. Walking distance from shopping and right next to public transportation, 2926 Erdman Avenue presents a unique opportunity to update and expand the current income of this two-unit duplex. The Upstairs Unit is now VACANT and can be updated cosmetically to provide over $1,300+ in rent per month! The downstairs unit is occupied with a month-to-month tenant who is happy to stay if possible. The current owner has spent over $10,000 on a main drain line with cleanout which on Erdman Avenue is a rarity. A home warranty is in place and can transfer over to the new owner for repairs prior to winter. Current rents are $840 for downstairs unit and $1,100 for upstairs unit - market has shown potential to get $900 for downstairs and $1,250+ for upstairs. Savvy investors don't miss this opportunity for a rare 2 unit investment to add to your portfolio or renovate and create a profitable residence!
Location
State MD
County Baltimore City
Zoning R
Interior
Hot Water Natural Gas
Heating Central
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0308244155 061
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Keji A Ogunleye • Fairfax Realty Elite