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21613, MD

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21613, MD

$60,000 · CAMBRIDGE, MD 21613
Tight for flippers

Available

$60,000Asking price

2 bd · 1 ba · 840 sq ft · built 1925

CAMBRIDGE, MD 21613

No contract on file

via InvestorLift Classic

Listed Oct 30

Tight for flippers

The Numbers

Sells for (ARV)From the listing: $100,000
Asking price: −$60,000
RepairsMiddle of the seller’s $15,000 – $50,000. Ours: $0 – $7,000: −$32,500
Loan, holding, closing20% down, 12% interest, 2 points, 73 days: −$6,912
Profit0.6% of ARV · flippers want 10%+: $588
Tight

Works for a flipper at $51,000 or less.

HK EQUITY GROUP

Liz Keyser

No reviews yet

Comps

ARV $100,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $98,000.

The sales behind this value are shown to members.

ARV $100,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

HK EQUITY GROUP

Liz Keyser

No reviews yet

Seller Description

CAMBRIDGE RENTAL OPPORTUNITY | $60K START | $70K BIN! $100K+ ARV | $1,700+/MONTH RENTAL POTENTIAL! CALL/TEXT LIZ @ 667-401-4552 FOR MORE INFO/QUESTIONS!

Looking for an affordable rental investment with strong income potential? This 2-bedroom, 1-bath Colonial in Cambridge offers an attractive entry point for investors looking to expand their rental portfolio or complete a value-add BRRRR project!

Built in 1925, the property features 840 SQFT above grade, a 1,753 SQFT lot, and recent improvements including NEW CARPET AND A NEW HEATER!

Currently tenant occupied but TO BE DELIVERED VACANT AT CLOSING, giving the next owner the flexibility to complete renovations, reposition the property, and establish new rental income.

With nearby sold comps reaching $114K and a rental comparable at $1,700/month, this one deserves a closer look!

PROPERTY DETAILS

Estimated ARV: $100,000+

Estimated Rental Potential: $1,700+/Month

Bedrooms: 2

Bathrooms: 1

Property Style: Colonial

Above-Grade Living Area: 840 SQFT

Lot Size: 1,753 SQFT

Year Built: 1925

Basement: None

Recent Improvements: New Carpet & Heater

Occupancy: Tenant Occupied, Delivered Vacant at Closing

RECENT SOLD COMPARABLES 622 Washington St — SOLD $114,000 | 3/17/26

810 Washington St — SOLD $89,000 | 3/6/26

818 Washington St — SOLD $80,000 | 11/14/25

Estimated ARV: $100,000+

RENTAL INCOME POTENTIAL 430 High St, Cambridge — RENTED $1,700/Month | 12/19/25

Based on this rental comparable, the property has estimated rental potential of $1,700+/month, depending on renovations, finishes, and market conditions.

At $1,700/month, that represents:

$20,400 Potential Annual Gross Rental Income

$1,700 Potential Monthly Gross Rental Income

Approximately 29.1% Annual Gross Rent-to-Purchase-Price Ratio at $70K BIN

These are gross income projections before renovation expenses, vacancies, taxes, insurance, maintenance, management, and other operating costs.

WHY INVESTORS SHOULD TAKE A LOOK AFFORDABLE ENTRY POINT: Starting at just $60K with a $70K BIN.

RECENT IMPROVEMENTS: New carpet and heater already installed.

VACANT AT CLOSING: Opportunity to complete improvements and establish new tenancy.

$100K+ ESTIMATED ARV: Nearby sold comps ranging from $80K to $114K.

$1,700+/MONTH RENTAL POTENTIAL: Attractive projected rental income following appropriate renovations.

MULTIPLE EXIT STRATEGIES: Buy and hold, BRRRR, or renovation and resale.

STARTING AT $60,000 | BUY IT NOW $70,000!Whether you're looking to add an affordable rental to your portfolio or capitalize on a value-add opportunity, 729 Washington St is worth running your numbers!

Currently tenant occupied. Property will be delivered vacant at closing. Please do not disturb tenants. All access must be coordinated in advance.

Liz Keyser | HK Equity Group 667-401-4552