$275,000

5410 BELLE VISTA AVE, Baltimore, MD 21206

  • 1,680 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $164/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

With 20% down, your monthly out-of-pocket cost to live in one unit of this Hamilton-Waltherson duplex is just $374 after applying market rent from the second unit toward your PITI. With FHA or conventional financing and as little as 3.5% down, total monthly PITI is approximately $2,332 + PMI. Apply the projected $1,250 rent from the other apartment, and your cost drops to just $882/month. That’s before deducting mortgage interest and property taxes—an added tax benefit that renters never get! Apartment 2, the vacant second-floor unit, is an ideal owner’s unit with a comfortable 1BR + den layout, a modern bath, and all-new wall-to-wall carpeting. Apartment 1 spans the first floor and basement, offering 2BR + den, a finished lower-level living area, and a private laundry room. Both units feature wood cabinetry, laminate counters, 24" gas ranges, and ceramic tile tub surrounds. Located just a mile from the shops and restaurants of downtown Hamilton and a half mile from Belair Road retail, this Hamilton-Waltherson location offers walkable access to daily amenities and a more stable, owner-occupied setting. These are easy-to-maintain, easy-to-rent units in a neighborhood where well-priced housing continues to lease quickly. For straight investors, this property projects a 10.7% cash-on-cash return and a 9.06% cap rate based on market rents—making it a solid addition to any cash flow–focused portfolio.

Listing Status:
Active
Listing Office:
Ben Frederick Realty, Inc. : 4102359500
Listing Agent:
Will A Cannon III : 4109163331
MLS ID:
MDBA2176490
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Converted Dwelling
  • Roofing: Asphalt
  • General: BrickBlock
  • Originating MLS: BRIGHT_MAIN
  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • County: BALTIMORE CITY-MD
  • Zoning: R-40327025818A076
  • Utilities: 100 amp service
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Tenant's possessions excluded.

This listing courtesy of Will A Cannon III, Ben Frederick Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gardenville Elementary School

5300 Belair Rd, Baltimore, MD, 21206

Grades KG-5

0.19 miles away

B

Baltimore International Academy

4410 Frankford Ave, Baltimore, MD, 21206

Grades KG-8

0.42 miles away

C

City Neighbors High School

5609 Sefton Ave, Baltimore, MD, 21214

Grades 9-12

0.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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