🏡 Fully Renovated Turnkey Row Home in Irvington — Garage + Private Driveway
🔑 Rare Off-Street Parking & Move-In-Ready Cash Flow
- 🚗 Private driveway AND a garage — off-street parking almost unheard of on a Baltimore city block, and a major draw for quality long-term tenants.
- 🛠️ Fully renovated top to bottom — no deferred maintenance. Open-concept main level with new LVP flooring, recessed lighting, and fresh paint throughout.
- 💵 Projected rent ~$1,900/month — roughly a 14% gross yield and an estimated ~9.3% cap rate at the $159,900 price (see analysis below).
- 🏦 Instant equity — priced ~$40K under a ~$200K after-repair value supported by recent nearby sales AND current listings.
📊 Investment Highlights
- 🍳 Updated kitchen: white shaker cabinets, quartz counters, and a full stainless appliance package (refrigerator, electric range, microwave, dishwasher).
- 🛏️ 3 spacious bedrooms with brand-new carpet and large windows; updated full bath with tub/shower.
- 🧱 Fully finished basement with its OWN full bath and tiled walk-in shower — ideal flex space, home office, guest suite, or potential 4th sleeping area.
- ☀️ Bright primary bedroom with open rear views; covered front porch and front yard.
- 🚗 Attached garage + private driveway at the rear (garage is as-is — great bonus storage/parking).
- 🧱 Classic all-brick construction, built 1940, ~1,440 sq ft finished living space.
📍 Irvington / West Baltimore Insights
- 🛣️ Right on the Frederick Avenue (Route 40) corridor — quick access to I-95, I-695, and downtown.
- 🏥 Minutes from Ascension Saint Agnes Hospital, a major area employer.
- 🎓 Near CCBC Catonsville and the Westside’s retail and employment hubs — steady rental demand.
- 🏘️ Established, owner-occupant-friendly west-side pocket with strong appeal to long-term tenants.
📈 Comps & Market Support (~$200K ARV)
- Recent sales: 4210 Frederick Ave (next door) sold $185,000; nearby renovated 3-beds — 794 N Grantley $180K, 3382 Dulany (3/2) $175K, 10 Mardrew (3/2) $170K.
- Current listings: comparable renovated 3-bed rowhomes in 21229 are asking ~$200,000–$210,000 (including a 3-bed at $207K), with an area median around $209K.
- Premium feature: 4220’s private driveway + garage is a differentiator most nearby comps don’t have — supporting the top of the range.
⭐ Why 4220 Frederick Ave Stands Out
- 🚗 Parking you can’t replicate — driveway + garage set this rental apart from typical row homes.
- 🌟 True turnkey — renovated and rent-ready from day one.
- 💡 Built-in equity + cash flow — $159,900 entry with ~$1,900 rent potential and ~$40K upside to a ~$200K ARV.
Secure this rare turnkey West Baltimore home with parking, cash flow, and equity. 📲 Call Cris Now — (919) 675-2747
📊 Cap Rate Analysis
Cap rate ~9.3% based on projected $1,900/mo rent, estimated FY2026 property taxes, insurance, management, and reserves, and estimated closing costs; ~14% is gross yield. ARV and comps are opinions of value based on recent nearby sales and current listings — buyer to verify all figures and perform own due diligence.