5410 Belle Vista Ave - Apartments FOR SALE


Baltimore, MD 21206- Waltherson
$275,000 USD
410-235-9500

NO PHOTO

$275,000 USD
Apartments - FOR SALE
null | 9.06% Cap Rate

5410 Belle Vista Ave
Baltimore, MD 21206
Waltherson


HIGHLIGHTS

  • High Projected Cash Flow — Strong returns based on market rents provide solid yield once both units are occupied.
  • Separate Systems + Tenant-Paid Utilities.
  • Bonus Basement Living Area — First-floor unit includes finished basement space and a private laundry room, adding usable square footage.

OVERVIEW

Waltherson Duplex Interiors: Located on a quiet residential block in Northeast Baltimore, this classic brick duplex features two self-contained apartments and a large rear yard. Apartment 1 is located on the first floor and basement and is configured as a two-bedroom, one-bath plus den. The basement includes a large central living space, and laundry room. Apartment 2 is located on the second floor and is configured as a one-bedroom, one-bath plus den. Kitchens in both units feature wood cabinetry, laminate countertops, 24? gas ranges, and laminate flooring. Bathrooms include modern vanities, ceramic tile tub surrounds, and either cast iron or steel tubs. Living areas are carpeted, with new wall-to-wall carpeting installed in the second-floor apartment. Utilities: This Waltherson duplex is well-positioned for streamlined management, with separate mechanical systems and tenant-paid utilities. Each unit has its own Goodman gas furnace with central air conditioning, allowing residents to control their interior climate. Rheem gas water heaters serve each apartment, and tenants pay their own gas and electric directly to BGE. All observable interior water supply lines are CPVC, with PVC used for interior drain lines. The landlord pays for water. What’s Special about Waltherson: According to LiveBaltimore.com, Waltherson is one of Baltimore City’s largest neighborhoods, with residents enjoying access to thriving, main street businesses within easy walking distance. This Hamilton duplex sits just one mile from the shops and restaurants of downtown Hamilton along Harford Road, and only a half mile from Belair Road, which offers grocery stores, dining options, and many personal services. With most homes owner-occupied, the area offers a quieter, more stable setting that appeals to long-term renters. These are practical, easy-to-maintain apartments in a location where well-priced units continue to lease quickly.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

2

PRICE/UNIT

$137,500

CAP RATE

9.06%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North East Baltimore City Duplex - Waltherson

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,619 SF

ZONING

R-4

APN/PARCEL ID

5818A-076

ASK ABOUT THIS PROPERTY

Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

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Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.