Hot Deal 2 Properties side by side Package Deal in 21218

Baltimore, MD, 21218
Sold
Listed at: March 11th, 2024
Price
$250,000
ARV
$630,000
Gross Margin
$380,000
Sq. Footage
3000
Type
Townhouse
Parking
On street
Year build
1920
Lot size
0 acres
Bedrooms
5
Bathrooms
2
Half Bathrooms
0
Summary

πŸ’₯ Check out our brand new Package Deal Fixer Upper opportunity ➑️πŸ’₯

 

These 2 single-family 3 story townhomes are a great fix and flip / hold opportunity! Located in 21218, these 2 properties have great potential for high returns. Being on a busy & active investment block, this block is up & coming.
Tons of development nearby!

Call Nathan at 410-927-1107 for more info before this deal sells!

 

Property Details πŸ‘ (730 / 732)

Rehab Level: Cosmetic Rehab / Full Rehab
Construction: Concrete
Electrical Panel: Great Condition (wired throughout) / Good condition (electric panel and pre-cut for wiring to be ran through)
Furnace: N/A / Good Condition HVAC in place - need duck work throughout
Water Heater: Great Condition / Great Condition
Windows: Brand New / Good Condition 
Roof: Great Condition - Recently surfaced / Good condition
Occupancy: Vacant
Additional Details: These properties share a backyard so the renovation would be convenient for your crew. Grants are available for end buyer

 

Points of InterestπŸ“ 

5 minutes from Penn Station πŸš…
7 minutes from MICA 🏫
8 minutes from Johns Hopkins University 🏫
10 minutes from Johns Hopkins HospitalπŸ₯
Easy access to North Avenue

 

 

Flip Comps πŸ“Š

ARV: ~ $315k (Highest profit potential is to keep the property at 3 levels - according to buyer feedback on other comps)

 

710 E 21st St (5 / 2.5 / 2,130) - ACT (18 DOM) - $329,000 (On-Market) (unfinished basement)

703 E 21st St (6 / 2.5 / assessor) - ACT (20 DOM Since Last Price Drop) - $324,000 (On-Market) (unfinished basement)

310 E 22nd St (4 / 2.5 / 2,600) - Sold 10/6/23 (34 DOM) - $315,000 (On-Market) (unfinished basement)

333 E 22nd St (5 / 2.5 / 3,200) - Sold 12/20/23 (49 DOM) - $300,000 (On-Market) (unfinished basement)

 

--Older Sold Comps on Same Block--

708 E 21st St (4 / 2.5 / 2,250) - Sold 6/7/22 - $259,000 (On-Market) Current Estimated Value: $283 - 305k (unfinished basement)

715 E 21st St (5 / 2 / 2,000) - Sold 3/1/23 - $200,000 (On-Market) Current Estimated Value: $210k (unfinished basement)

 

 
Access: Shedule Showing
Need to schedule your appointment now?
Call Nathan✨
410-926-1107

 

Financing Available ➑️ https://beltwaylending.com/
πŸ’₯YOU CAN ALSO CLICK THE WIN IT NOW BUTTON TO AVOID ALL BIDDING AND LOCK IT DOWN BEFORE SOMEONE ELSE DOESπŸ’₯
We are direct to seller on all contracts.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Nathan Foust

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