$285,000 · GLEN BURNIE, MD 21060
Works for flippers · Landlords would lose money

Available

$285,000Asking price

3 bd · 1 ba · 1,616 sq ft · built 1940

GLEN BURNIE, MD 21060

No contract on file

via InvestorLift Classic

1 view · listed Oct 7

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $410,000
Asking price: −$285,000
RepairsMiddle of the seller’s $25,000 – $55,000. Ours: $48,000 – $86,000: −$40,000
Loan, holding, closing20% down, 12% interest, 2 points, 76 days: −$31,107
Profit13.1% of ARV · flippers want 10%+: $53,893
Works

Works for a flipper up to $297,000.

TRINITY EQUITY HOMES

Art Sanchez

No reviews yet

Comps

Sales

Rents

ARV $410,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $368,000.

The sales behind this value are shown to members.

ARV $410,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

TRINITY EQUITY HOMES

Art Sanchez

No reviews yet

Seller Description

Great opportunity for an investor looking for a fix-and-flip in Glen Burnie. The property offers 1,616 square feet with 3 bedrooms and 1 bathroom and has solid potential for a renovation and resale. Property Highlights: 3 Bedrooms / 1 Bathroom 1,616 SF Fix & Flip Opportunity Currently Tenant Occupied Property will be vacant at closing Established Glen Burnie location Convenient access to major roads, shopping, dining, parks, and recreation Schools: Glen Burnie is served by Anne Arundel County Public Schools. School ratings vary by specific address. Current Glen Burnie ratings include several schools in the 4–7/10 range, with some higher-rated options in the surrounding area. Nearby Attractions & Amenities: Friendship Park BWI Trail Sawmill Creek Park Southdale Shopping Center Easy access to the Baltimore/Washington corridor and BWI Airport area Flood Zone: To be verified by exact property address. Anne Arundel County has multiple FEMA flood zones throughout Glen Burnie, so the specific property needs to be checked before marketing it as non-flood or flood zone. Investor Notes: Tenant occupied at this time, but seller expects the property to be delivered vacant at closing. Buyer to verify all property details, zoning, schools, flood zone, measurements, and renovation requirements.Reach out to Raquel @904-490-6153

DISCLAIMER: This is an assignment of contract. A legally binding purchase contract with a memorandum has been signed with the Seller, giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or contact the owner will result in legal action. If property is listed it is listed by our preferred agent at on market price. Off market price is honored for assignment terms.

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.