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About the Listing CCRL7 - 3023965
House hacking opportunity! Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage with rental income, this updated 4-unit property, with 1 leased unit and 3 move-in ready units, offers flexibility and an opportunity to earn an estimated $56,400 in annual rental income! Located on a well-maintained block just a stone's throw from the Baltimore County line, 3916 Maine Ave is a standout with its lush green yard and clean exterior presentation. The interior continues to impress. THE OCCUPIED UNIT : The tenant pays $1,100/month plus a $106 utility reimbursement, providing immediate income from day one. THE MOVE-IN READY UNITS : The remaining three units have been recently updated and are move-in ready. Each offers 2 bedrooms and 1 full bathroom, abundant natural light, modern LVP flooring, updated kitchens, modern appliances, improved bathrooms, and has its own individual furnace, AC condenser, and water heater. Projected rents for each of the vacant units is $1,200/month (see 3510 Milford Ave #12 which was a 2 bedroom, 1 full bathroom unit that leased for $1,200), bringing the property's estimated gross income to roughly $4,700/month, or $56,400/year. The versatility here is hard to beat! Live in one unit and use the rental income to offset your mortgage costs, create a multigenerational living arrangement with family while maintaining your independence, or lease all four units and maximize income. One of the vacant units is conveniently located on the main level, offering an option for main-level living, which isn’t easy to come by. To make the transition even easier, the owner already holds a 4-unit rental license and a lead free lead certificate for the occupied unit. Don’t let this one get away; schedule a showing today!
Listing Highlights
Status
Pending
Days on Site
22
Property Type
Multi-Family
MLS ®
MDBA2217084
Year Built
1966
Total Square Footage
0
Lot/Acreage
0.35
Interior Details
- Bedrooms: 8
- Bathrooms: 0 Full
- Appliances: Disposal, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Water Heater
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Luxury Vinyl Plank
- Above Ground Sq Ft: 0
- Below Ground Sq Ft: 0
- Basement:
- Other: Bathroom - Tub Shower,Combination Dining/Living,Combination Kitchen/Dining,Combination Kitchen/Living,Dining Area,Entry Level Bedroom,Family Room Off Kitchen,Floor Plan - Open,Upgraded Countertops
- Water: Public
Exterior Details
- Lot Description: Front Yard,Interior,Rear Yard,SideYard(s),Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-1-E
- Roof:
- Others: Gutter System,Sidewalks,Exterior Lighting,Street Lights,Excellent
- Sewer: Public Sewer
- Parking Features: Public,Paved Parking,On Street
Financial Details
- Tax Amount: $3,540
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
3916 Maine Ave Baltimore, MD 21207
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