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Property view

6340 Frederick Rd, 
Catonsville, MD 21228

$290,000


2

Beds


3

Baths


1,839

Sq Ft


Townhouse

Sold

Listed by

Jamie L Koehler

Bought with Taylor Properties

Cummings & Co. Realtors, (410) 823-0033, realtor@cummingsrealtors.com

MLS#

MDBC2112846

Source:

BRIGHTMLS

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About This Home

6340 Frederick Rd

***Offer received. Offer deadline is Tuesday 11/19 at 5:00 PM.*** Wow! Incredible opportunity to own a 3-unit property in the heart of desirable Catonsville, just one mile down the road from the main street, brimming with charming restaurants, cozy coffee shops, and boutique stores! This property offers flexibility and investment potential with two stable, long-term tenants and a newly renovated, ready-to-occupy vacant apartment. The main level and second level apartments each offer a 1 bedroom/1 bathroom layout and are rented for $925 per month, with reliable tenants who have called this property home for over 13 years! The walkout basement apartment has been fully refreshed and is ready for immediate occupancy with new LVP flooring, updated cabinets, a new formica countertop, fresh paint, new white appliances, a new standing shower, and a modern vanity. Live in it yourself and use the monthly rent from the other two apartments to defray your mortgage costs, or rent it – similar recent rental comps have commanded $1,190 - $1,295 in monthly rent! (See 114 Cherrydell Rd #1 that rented for $1,190 on 10/1/2024, 6310 Frederick Rd #2 that rented for $1,095 on 6/24/2024, 6324 Frederick Rd #2 that rented for $1,095 on 6/24/2024, and 29 N Symington Rd #1 that rented for $1,295 on 6/5/2024). All tenants share access to the on-site laundry. A 1-car garage and rear parking are available for the new owner, or the garage can be rented separately or bundled with the basement apartment for additional income. Written leases, lead certificates, and rental license in hand! All tenants are paid in full; no delinquency! Potential to increase cashflow by raising rents in the main and second level apartments, and leasing the garage and parking. Whether you’re an investor or looking for a home with income potential, this Catonsville property has it all!

Home Facts

Townhouse

3 Baths

2 Bedrooms

Built in 1930

Price Summary

300,000

$163 per Sq. Ft.

MLS #:

MDBC2112846

Sold:

December 17, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,839 Sq. Ft.


Structure

Structure

Architectural Style:

Federal

Building Area:

1,839 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

3,484


Finances & Disclosures

Finances

Price:

$300,000

Price per Sq. Ft:

$163 per Sq. Ft.

Source:BRIGHTMLS
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