$490,000 · BALTIMORE, MD 21215
Works for flippers · Landlords would lose money

Available

$490,000Asking price

8 bd · 3 ba · 3,895 sq ft · built 1930

BALTIMORE, MD 21215

No contract on file

via InvestorLift Classic

1 view · listed 6 days ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $720,000
Asking price: −$490,000
RepairsMiddle of the seller’s $40,000 – $80,000. Ours: $56,000 – $116,500: −$60,000
Loan, holding, closing20% down, 12% interest, 2 points, 84 days: −$54,966
Profit16.0% of ARV · flippers want 10%+: $115,034
Works

Works for a flipper up to $530,000.

OFFERPROP LLC

OfferProp

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Comps

Sales

Rents

ARV $720,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $687,000.

The sales behind this value are shown to members.

ARV $720,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

OFFERPROP LLC

OfferProp

No reviews yet

Seller Description

BALTIMORE, MD | RENOVATED TRIPLEX | CASH FLOW + VALUE-ADD POTENTIAL

Address: 25** Liberty Heights Ave, Baltimore, MD 21215Asking Price: $490,000 OBO3 Units | Fully RenovatedCurrent Rent: $1,800/MonthProjected Gross Rent: $5,100+/MonthShowings: Appointment Only

Excellent multifamily investment opportunity in Baltimore. This recently renovated 3-unit property features separate electric meters, individual mechanical systems, and additional rear-lot development potential. With one unit already leased and two additional units offering rental upside, investors have an opportunity to stabilize income without undertaking major interior renovations.

Unit Breakdown

Unit 1 — Basement | 2BR/1BA: Fully renovated, laundry hookup, est. rent $1,500/month.Unit 2 — 3BR/1BA | Occupied: Currently rented $1,800/month, one-year lease, open-concept layout, dedicated laundry room.Unit 3 — 3BR/1BA: Fully renovated, dedicated laundry room, est. rent $1,800+/month.

Investment Highlights

• $490K asking — offers encouraged• All 3 units recently renovated• $5,100+/month projected gross rent• $61,200+/year projected gross income• Separate electric meters & mechanicals• Shared building water meter• Rear parking pad• Additional rear lot with potential development upside

Investor Terms

Asking: $490,000 OBOUnits: 3Current Gross Rent: $1,800/MonthProjected Gross Rent: $5,100+/MonthAccess: Appointment Only

Buyer to verify leases, unit legality, utilities, projected rents, property condition, and rear-lot development feasibility.

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Disclosure: We are marketing our equitable interest in a Purchase and Sale Agreement. We are not the owners of the property, and this is not an offer to sell real estate. OfferProp participates in transactions as a principal, JV participant, or contractual interest holder where permitted. We do not act as a real estate broker, agent, or fiduciary unless expressly agreed in a separate, written, licensed brokerage agreement. Many opportunities involve assignment, novation, double closing, or other transfers of contractual rights or equitable interests, not the sale of real property by OfferProp LLC. Availability of services and required disclosures vary by state, property type, and transaction structure. No outcome, offer volume, pricing, or closing is guaranteed.