5234 Benson Ave, Halethorpe, MD 21227

$415,000
1,923
SqFt

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List Price
$415,000
MLS#
MDBC2179890
Year Built
1915
Status
ACTIVE
Type
Multifamily
Living Area
1,923
County
Baltimore

Property Description

Exceptional Properties. Exceptional Clients. An outstanding investment opportunity in the heart of Halethorpe! This charming Victorian, converted into a three-unit multifamily property, is being delivered completely vacant, offering tremendous flexibility and income potential. Two major capital improvements have already been completed with a new boiler installed in 2025 and the roof was replaced in 2026. The roof ceiling is currently being insulated. Insulation will be complete prior to sale. Whether you're an investor looking to establish new leases at current market rental rates, a homeowner seeking to live in one unit while renting the other two, or a buyer envisioning a return to a grand single-family residence, the possibilities are plentiful! The home features two one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. Situated on an expansive lot with ample off-street parking, the property is just 1.2 miles from the Halethorpe MARC Station, 1.3 miles from UMBC, and minutes from I-95 and I-695. Additional amenities include shared basement laundry, generous storage space, a one-car garage, and parking for up to 10 cars. The property also has active lead certifications and rental licenses. With all three units delivered vacant, a brand-new roof, a new boiler, and multiple possibilities for ownership, this exceptionally well-priced property is ready for its next chapter! *Market rent for units likely to total $4,000 ($1550 top unit, $1350 first floor larger unit, $1100 first floor smaller unit)

Additional Information

Other Structures
Above Grade, Below Grade
Garage Spaces
1
Style
Craftsman
Cooling
Window/Wall
Heating
Radiant
Water
Public
Possession
Settlement
Days on Market
1
Acres
0.34
Ownership
Fee Simple

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Listing courtesy of AB & Co Realtors, Inc.. Contact: