4606 Ridge Avenue Halethorpe, MD $ 595,000
4606 Ridge Avenue
$ 595,000
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4606 Ridge Avenue

Halethorpe, MD, 21227
$ 595,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 3,712

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Multi-Family Home for sale in Halethorpe, MD

for $595,000 with 6 bedrooms. This home was built in 1915 on a lot size of 0.29.

Wonderful opportunity to own 4 units with a great unit mix in Halethorpe! 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 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.

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Multi-Family Active

Price

$ 595,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 4,195

Style

Colonial

Lot Size

0.29

Year Built

1915

Town/City

Halethorpe

County/Region

Baltimore

MLS | Web ID

MDBC2124580

Features
General
Living Area 3374
Sewer Public Sewer
Heating Radiator
Cooling Ceiling Fan(s) Window Unit(s)
Utilities Above Ground
Possession 0-30 Days CD 31-60 Days CD Immediate
Roof Shingle
Appliances Refrigerator Oven/Range - Gas
Zoning RESIDENTIAL 04
Patio/Porch Features Deck(s)
Architectural Style Colonial
Construction Materials Frame Vinyl Siding
School District BALTIMORE COUNTY PUBLIC SCHOOLS
Exclusions Any personal property belonging to Tenants
Year Built 1915
Electric 100 Amp Service
Property Subtype Quadruplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Gross Income 48172.50
Accessibility None
County BALTIMORE
Operating Expense 19302.29
New Construction N
Property Type Multi-Family
MaintenanceExpense 4434.54
Subdivision Name HALETHORPE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions From Washington Blvd (near 695) travel southeast .5 miles take slight right onto Ridge Ave. Travel .5 miles and property will be located on right hand side.
City HALETHORPE
Disclosures Lead Based Paint - Federal Lead Based Paint - State Lead Inspection Certificate Available Prop Disclaimer
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 12500.00
Number of Units Leased 3
Tax Annual Amount 4195.0
Home Warranty Y/N N
Property Condition Good
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 176.35
Acceptable Financing Cash Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Legal Subdivision HALETHORPE
Tax Lot 227
Association Recreation Fee N
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Interior
Interior Amenities Carpet
Heating Fuel Natural Gas
Basement Other
Flooring Carpet Hardwood Vinyl
Hot Water Natural Gas
Total Stories 4
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Window Features Double Pane Vinyl Clad
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Parking Features Circular Driveway Paved Driveway
Water Source Public
Type of Parking Off Street Parking Lot
Foundation Details Block Stone
Water View Y/N N
Lot Dimensions 1.00 x
Lot Size Acres 0.29
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 106200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4606
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* Excluded Features
List By
Fairfax Realty Premier

Broker

david@sea-rei.com

Email

Affordability Calculator

$4,062
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,712
Monthly Property Taxes
$350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533313 Elementary School
3533198 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2025$595,000 -0.83% Price Down
4/12/2025$600,000 Listed Price

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4606 Ridge Avenue, Halethorpe, MD, 21227 is a Multi-Family Home for sale at $595,000 with a lot size of 0.29. 4606 Ridge Avenue has 6 bedrooms, 0.0 baths, and was built in 1915. The property's zip code is 21227 which is in Halethorpe, MD