7704 Fredkert

Balltimore, MD 21236

Introducing a fantastic entry-level opportunity to effortlessly manage three self-contained apartments in a detached, all-brick building with vinyl replacement windows. This property offers immense upside potential to enhance kitchens and baths, allowing you to achieve higher rental rates. With easy commuting for both tenants and landlords, you'll enjoy quick 5-minute access to I-695, conveniently situated between Belair and Harford Roads for seamless travel into Baltimore County or Downtown Baltimore City. Don't miss this chance to invest in a property with both immediate and long-term benefits! Built in 1969 as a garden style 3-unit apartment building, floorplans are spacious and thoughtful. Each unit has a private patio or balcony, two bedrooms and one bathroom. Eat-in kitchens have ample cabinet and counter space, safe spacing wall mounted ovens and gas cook-tops. Dishwashers were added for convenience, as well as washing machines. Clothes dryers are located in the private utility rooms that are located off of the patios and balconies. Most living areas have carpeting, with vinyl tile in kitchens and ceramic tile floor in the bathrooms. Two apartments have pedestal sinks; one apartment has a wall mounted sink. All bathrooms have a full tub with ceramic tile tub-surround. With mostly drywall throughout; the first-floor apartment features some wood paneling; there exists the possibility to obtain lead-free status. This apartment building was built with significant upgrades, unlike converted dwellings that were built in the 1900’s. With a copper water main, and interior copper water supply lines, an owner doesn’t have to worry about costly water main upgrades in the future. Interior drain lines are PVC or copper. Each unit has its own HVAC; two apartment have gas-fired forced air furnaces; one apartment has a gas boiler. All units benefit from central air conditioning. Each apartment also has their own 40-gallon, gas-fired water heater. With three electric meters and three gas meters, tenants easily pay their own utilities. Landlords aren’t bothered with pesky monthly bills for public service utilities. The current owner pays for the water bill; a savvy investor would charge this back to the tenants and increase monthly cash flows. Tenants enjoy plenty of off-street parking and a large yard. The front parking lot pull-around can fit 2 cars easily, and there is a large parking pad for 5 cars in the rear. Neighborhoods in Northern Baltimore City, especially those between the Harford Road and Belair Road corridors, benefit from large yards and a much less dense population. Fredkert Avenue, anchored by the Maryland School for the Blind, Parkwood Cemetery, and Double Rock Park, provides ample open space, contributing to the quiet and stable atmosphere of 7704 Fredkert for investors and tenants alike. All kinds of stores and services front Belair and Harford Roads, so tenants have many options for shopping, dining, and recreation. Less than two miles north, The Putty Hill Plaza is home to major retailers like Giant Food, Weis, LA Fitness and more. A mile west, to Harford Road, are more national and local tenants, like Petco, Chipolte and more, including the neighborhood favorite bar – Racer’s Cafe. Harford & Belair Roads are popular for traveling north and south, from Downtown Baltimore and points through Baltimore County and well into Harford County. I-695, for points east and west, is 5-minutes away.

Listing courtesy of Ben Frederick Realty, Inc. 4109163331



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