* * * 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!
* * * 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!
BRIGHT MLS #MDBC2112846
Dec 17, 2024
Sold
$290,000
$158/sq ft
Nov 20, 2024
Pending
—
Nov 20, 2024
Price Changed
$300,000
$163/sq ft
Nov 15, 2024
Listed
$275,000
$150/sq ft
BRIGHT MLS #1004139113
May 24, 2018
Listing Removed
—
Apr 27, 2018
Price Changed
$245,000
$133/sq ft
Nov 14, 2017
Listed
$275,000
$150/sq ft
BRIGHT MLS #1003766383
May 24, 2018
Listing Removed
—
Apr 27, 2018
Price Changed
$245,000
$133/sq ft
Oct 27, 2017
Listed
$275,000
$150/sq ft
BRIGHT MLS #1004111991
Nov 14, 2017
Listing Removed
—
Nov 7, 2017
Listed
$300,000
$163/sq ft
Public Records
Mar 3, 2004
Sold
$138,000
$75/sq ft
Public Records
Aug 16, 1978
Sold
$45,000
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,787 (+18.0%)
2025
$3,208 (−39.9%)
2024
$5,340 (−11.9%)
$76,000 + $107,800
$183,800
2023
$6,058 (+125.9%)
$76,000 + $107,800
$183,800
2022
$2,682 (−9.9%)
2021
$2,977 (+16.9%)
2020
$2,547 (−11.4%)
$76,000 + $88,400
$164,400
2019
$2,876 (+1.4%)
2018
$2,835 (+6.1%)
$56,200 + $96,600
$152,800
2017
$2,671 (+9.8%)
2015
$2,432 (+4.0%)
$56,200 + $81,300
$137,500
2014
$2,338 (−12.5%)
2013
$2,671 (+0.2%)
2012
$2,665 (−4.4%)
2011
$2,787
2010
$2,787 (−9.7%)
2009
$3,086
Tax history for 6340 Frederick Rd
Year
Property tax
Land + Additions
Assessment*
2026
$3,787 (+18.0%)
2025
$3,208 (−39.9%)
2024
$5,340 (−11.9%)
$76,000 + $107,800
$183,800
2023
$6,058 (+125.9%)
$76,000 + $107,800
$183,800
2022
$2,682 (−9.9%)
2021
$2,977 (+16.9%)
2020
$2,547 (−11.4%)
$76,000 + $88,400
$164,400
2019
$2,876 (+1.4%)
2018
$2,835 (+6.1%)
$56,200 + $96,600
$152,800
2017
$2,671 (+9.8%)
2015
$2,432 (+4.0%)
$56,200 + $81,300
$137,500
2014
$2,338 (−12.5%)
2013
$2,671 (+0.2%)
2012
$2,665 (−4.4%)
2011
$2,787
2010
$2,787 (−9.7%)
2009
$3,086
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.