5602 Benton Heights Ave Baltimore, MD 21206
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About this home
Welcome to 5602 Benton Heights Ave, this recently updated home features 4 bedrooms and 3 full baths. Nestled on a quiet street in Baltimore’s 21206 zip code. This inviting property blends classic charm with modern updates, with brand new roof w/ transferable warranty (2025), Newer water heater & forced air heat (2024) making it ideal for a homeowner or investor. Step inside to a bright living area with fresh paint, updated light fixtures, accent wall, and a seamless flow into the dining room, kitchen, laundry and family room w/ in wall electric fire place and media wall which can be converted into a 5th main level bedroom. The open basement with endless potential, deck right off the family room perfect for entertainment . The kitchen features breakfast bar w/pendant lighting ample cabinet space and room to personalize to your taste. Upstairs offers a Master suite with full bath, walk in closet, 3 comfortable bedrooms with good natural light and a full bathroom. The partially finished lower level w/ side entrance provides additional storage or potential to finish as extra living space, home office, or rec room. Outside, enjoy a deck and back yard, perfect for relaxing, gardening, or entertaining. The property also includes covered front porch that adds to its curb appeal. Located minutes from major commuter routes, shopping, public transportation, and local schools, this home offers both convenience and value. With fully renovated value of $330-350k+, this property is perfect whether you’re looking to move right in, add to your rental portfolio, or a home owner looking to gain sweat equity. 5602 Benton Heights Ave is a fantastic opportunity in a growing area. Qualified buyers can receive up to $5k from MMP program. ***Property just needs the condenser to have central air. Seller to provide the buyer credit for the condenser at closing***
Source: BRIGHT #MDBA2187464
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
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