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4006 Pinewood Avenue, Baltimore, MD 21206

Beds
4
Sqft
1,560

View property features, location on map, relevant school information and overview from seller's agent.

Listed byAlberti Realty, LLC
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Overview

Discover an exceptional investment opportunity with this turn-key 2-unit duplex in the highly desirable Overlea area of Baltimore. This property is ideal for both seasoned investors and those looking to house hack their way into real estate, offering the potential for strong cash flow of $3,000 or more per month.

The duplex features two well-appointed units, with Unit 1 currently vacant and previously rented for $1,500, making it primed for new tenants. Unit 2 is already generating income at $1,400 per month, with the potential for both rents to be raised. The steady tenant market in Overlea makes this an attractive option, allowing you to enjoy reliable passive income while benefiting from an appreciating asset surrounded by single-family homes selling for $350,000 to $400,000.

Recent upgrades enhance the appeal of this property, including a brand-new roof installed in 2023, featuring 50-year asphalt shingles for long-lasting durability. Unit 1 was fully renovated in 2023, showcasing stylish vinyl flooring, modern stainless steel appliances, and elegant quartz countertops. Additionally, the main drain line was replaced in 2024, ensuring peace of mind for future maintenance. The heat pumps, approximately seven years old, have also been recently serviced, providing efficient climate control for your tenants.

With rental rates in the area remaining stable since 2023, there's ample potential for rent increases in the future. The property was appraised at $295,000 in 2023, underscoring its value in a thriving neighborhood. Don’t miss your chance to seize this incredible opportunity before it hits the market!

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Square feet
1,560
Lot size (acres)
0.17
Year built
1985

Utilities

Heating
Electric, Forced air
Cooling
Central air, Ceiling fan(s), Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$3,823

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: MDBA2184914 Last checked:

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