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  • Price$139,900
  • Sq. Ft.2,880
  • Acres0.04
  • Built1949
  • 4 W Overlea Ave
  • BALTIMORE, MD 21206
  • MLS® #: MDBC489746
  • Office: Execuhome Realty

Out-of-State Owners. Dissolved Partnership. Must Sell!! Tremendous Opportunity! Est. 2,880 SqFt Over 3 levels. Awesome Commercial ~Business Local~ Zoning! Estimated $2,750/m once Fully Leased. Offered Vacant to Allow New Buyer Most Options ~ have Own Business or Lease Out for Maximum Rental Income. Previous Use - 1st Floor Barbershop Rented for $1,100/m. 2BD Upstairs Apt $1,050/m. Lower Level (unrented previously) estimate $600+/m. Permitted Uses Include Offices, Drugstore, Dry-Cleaning, Florist, Dance Studio, Carry-Out Restaurant, Social Club, Veterinarian, Pet Shop, NanoBrewery, Beauty Shop, Jewelry Store, Medical Clinic, Tavern, Commercial Film Production Etc~(Full Permitted Uses are Uploaded in Docs). Main Floor has Large, Wide Full Building Width Front Room, Large and Long Back Room w/ Bonus Side Entrance & Additional Private Backroom and Bath. Perfect Set Up for So Many Businesses! Attractive Upstairs 2BD 1BA Apartment with Hardwood Floors, Large Bedrooms, Open Kitchen and 18~ Wide Living Area is Perfect to Minimize Your Mortgage and Run Your Business Possibly Rent Free!! (Estimate Payment Including Taxes and Insurance with 5% down on a $140k purchase is $1,017/m). Partially Finished, Full Lower Level w/Half Bath and Separate Rear Entrance could be Leased Separately or as Overflow Space for Main Floor. Property likely needs New Boiler for Main Floor and New Furnace for Lower Level. Upstairs Apartment is in Great Shape Including est. 2 Year Old Furnace. Otherwise, just Cosmetic Improvements to Fit Your Vision and Possible Lower Level Buildout. Ideally Located across the Baltimore County Line (low taxes), a Block from Major Bus Routes, a Mile from I- 695 & Set Just Slightly Back from the Busyness of Harford Rd. This Property has a Rare Combination of Location, Cashflow & Potential!! Do Not Miss Out.

Essential Information

  • MLS® #MDBC489746
  • Price$139,900
  • Bathrooms0.00
  • Square Footage2,880
  • Acres0.04
  • Year Built1949
  • TypeMulti-Family
  • Sub-TypeDuplex, Detached
  • StyleFederal
  • StatusPending

Community Information

  • Address4 W Overlea Ave
  • SubdivisionOVERLEA
  • CityBALTIMORE
  • CountyBALTIMORE-MD
  • StateMD
  • Zip Code21206

Interior

  • HeatingForced Air
  • CoolingCentral A/C
  • Has BasementYes

Basement

Full, Partially Finished, Outside Entrance

Exterior

  • ExteriorBrick and Siding
  • RoofFlat, Rubber

Additional Information

  • Date ListedMarch 24th, 2020
  • Days on Market15
  • ZoningBL

Listing Details

  • Listing Office:Execuhome Realty
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