3916 MAINE AVE, Baltimore, MD 21207
3916 MAINE AVE, Baltimore, MD 21207
3916 MAINE AVE, Baltimore, MD 21207
3916 MAINE AVE, Baltimore, MD 21207
3916 MAINE AVE, Baltimore, MD 21207
3916 MAINE AVE, Baltimore, MD 21207
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Julie Cicali

Julie Cicali

+1(609) 300-3023
Listed by Jamie Koehler • Cummings & Co. Realtors
$ 450,000
Est. payment | /mo

0.35 Acres Lot

Save
$ 450,000
Est. payment | /mo
Save

0.35 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Subdivision Forest Park

MLS Listing ID MDBA2217084

Style Contemporary

Year Built 1966

Annual Tax Amount $3,540

Tax Year 2025

Lot Size 0.346 Acres

Acres 0.35

Property Sub-Type Detached

Source BRIGHT

Property Description

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 $60 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!

Location

State MD

County Baltimore City

Zoning R-1-E

Interior

Interior Features 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

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Luxury Vinyl Plank

Inclusions refrigerators, stoves

Equipment Disposal, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Water Heater

Fireplace N

Appliance Disposal, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Water Heater

Heat Source Natural Gas

Exterior

Water Access N

View Garden/Lawn, Street

Accessibility None

Garage N

Building

Lot Description Front Yard, Interior, Rear Yard, SideYard(s)

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0315022734 009

Ownership Fee Simple

Security Features Main Entrance Lock

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Julie Cicali

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 300-3023

julie@luxeandlocalliving.com

9400 Atlantic Ave, Margate City, NJ, 08402-2309, USA

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3916 MAINE AVE