5505 HAMLET AVENUE, BALTIMORE, MD 21214

$163,000

An exceptional opportunity for INVESTORS AND CASH BUYERS seeking a property rich in character, charm, and long-term potential. This is a value-add opportunity that should not be overlooked. Welcome to 5505 Hamlet Avenue - a classic Colonial offering timeless architectural appeal, including a welcoming front porch, a rear attached deck,… Read More a durable slate roof, and a thoughtfully updated radiator heating system (February 2025). Ideally positioned on a well-situated lot with off-street parking and a shared driveway, this property presents a rare opportunity to reimagine and enhance a home with strong underlying fundamentals. The residence features a traditional floor plan with defined living and dining spaces, complemented by abundant natural light throughout. The kitchen offers table space, pantry storage, and convenient access to a powder room, providing an excellent foundation for a future redesign. Upstairs, three bedrooms and one full bath are accompanied by an upper-level two walk-in attic - a rare and valuable feature with potential for expanded living space or a private primary suite. The lower level, currently unfinished, includes laundry, storage, and walk-out access to the backyard. Notably, the basement also features a dual gas meter, presenting potential for conversion to a multi-unit configuration, subject to county approval. Buyers are strongly encouraged to conduct their own due diligence and consult with the county regarding zoning, permitting, and any intended structural improvements. The flat, fully fenced backyard further enhances the property's appeal, offering ample space for outdoor living, future expansion, or redevelopment. The setting is complemented by mature landscaping, including a Japanese maple shrub that adds seasonal beauty and charm. While the home requires a full renovation due to prior water damage, key systems have been addressed, providing a solid framework for transformation and value creation. Offered strictly ''AS IS'' and priced accordingly, this property is ideally suited for seasoned investors, renovators, or developers looking to unlock its full potential. With its desirable layout, architectural character, and generous lot, this is a strategic acquisition with significant upside. ***The home will be available for showings and tours beginning Thursday 6/11/26 at 10:00 AM.***OPEN HOUSE THU 6/11 AND FRI 6/12 BOTH FROM 10AM TO 12 NOON. DEADLINE MONDAY JUNE 15TH AT 3:00PM. Read Less

Courtesy of Kya Abellard, Coldwell Banker Realty 301-718-0010

Listing Snapshot

Days Online

Last Updated

Jun 10, 2026

Property Type

Single Family Residential

Beds

Full Baths

Partial Baths

Square Ft.

1,568

Lot Size

0.17 Acres

Year Built

1900

MLS Number

MDBA2218966

Additional Details

Basement

Daylight, Partial, Connecting Stairway, Full, Interior Access, Outside Entrance, Rear Entrance, Sump Pump, Unfinished, Walkout Level

Building

Built in 1900, Living area: 1568, Levels: 3, Construction Materials: Copper Plumbing, Vinyl Siding

Cooling

Window Unit(s)

Accessibility Features

None

Floors

Wood

Foundation

Concrete Perimeter

Heating

Baseboard - Electric

Interior Features

Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Pantry

Lot

0.17 acres

Property

Major Rehab Needed, Other structures: Above Grade, Below Grade

Roof

Slate

Sewer

Public Sewer

Taxes

Annual Amount: $4,356, Lot: 013, Year: 2025, Zoning: R-3

Utilities

Water Source: Public, 220 Volts

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