1,452 SqFt
1,452 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,452 sqft
Price per Sqft $134
Subdivision Park Heights
MLS Listing ID MDBA2156774
Style Converted Dwelling
Abv Grd Liv Area 1,452
Originating Board BRIGHT
Year Built 1955
Annual Tax Amount $2,879
Tax Year 2024
Lot Size 2,266 Sqft
Acres 0.05
Lot Dimensions 22' x 103'11''
Property Sub-Type Interior Row/Townhouse
Property Description
● Strong Location: Steps from Towanda Rec Center, Druid Hill Park, and less than a 7-minute walk to the West Cold Spring Light Rail.
● Proven Cash Flow: Projected 10.2% cash-on-cash return with a 9.04% cap rate.
East Arlington Multi-Family Interiors:
This two-unit, end-of-group row home offers spacious two-bedroom apartments with practical layouts and recent updates. Kitchens include laminate countertops, wood cabinets, and 30” gas ranges. Bathrooms feature modern vanities and cast-iron tubs with either ceramic tile or vinyl enclosures. Plaster walls and ceilings maintain the building's original feel, while newly laid luxury vinyl tile in the living areas and kitchens provides a clean, low-maintenance finish. Ceramic tile flooring in the bathrooms offers durability and easy upkeep. A covered front porch—rare for this tree-lined street—gives tenants a private outdoor space to enjoy, while the large backyard provides additional room for recreation.
Utility Breakdown:
Each apartment is separately metered for gas and electric, giving tenants control over their own utilities. Heating is provided by individual Slant Fin gas-fired furnaces, while hot water comes from two 50-gallon electric water heaters. Observable plumbing consists of copper supply lines and PVC drain lines. Free laundry is available in the basement, adding convenience for tenants.
What is Special About 4002 Edgewood:
This East Arlington multi-family is conveniently located between the Towanda Recreation Facility and Druid Hill Park, offering residents access to both modern amenities and abundant green space. The Towanda Rec Center is Baltimore City Recreation & Parks' newest STEM and fitness facility serving the Park Heights community, featuring a state-of-the-art fitness center, equipment room, and STEM classrooms. Just minutes away, Druid Hill Park provides 745 acres of outdoor space with amenities like disc golf, a pool, playgrounds, and a variety of athletic fields and courts.
Public transportation is easily accessible, with the West Cold Spring Light Rail Station less than a seven-minute walk away. The neighborhood also benefits from north- and south-running thoroughfares lined with grocery stores, restaurants, and shopping options, making daily errands and commuting a breeze.
Location
State MD
County Baltimore City
Zoning R-6
Rooms
Basement Full, Rear Entrance, Interior Access
Interior
Hot Water Electric
Heating Radiator
Cooling Window Unit(s)
Inclusions 2 gas ranges, 2 refrigerators, 1 clothes washer; 1 clothes dryer
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Asphalt
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0315243100P002
Ownership Ground Rent
SqFt Source Estimated
Special Listing Condition Standard
rakan.a@firststatehometeam.com
1521 Concord Pike, Suite 102, Wilmington, DE, 19803, United States