440K+ Gross Margin!
🏡 Massive 5/5 Baltimore SFH For Flip/Rental
Pad Split Opportunity: Rent Out Per Room
Buy: $195,000
ARV: $635,000
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Call or Text Us: 321-384-5006
Key Features
5 Bd/ 5ba 🛁 (4 Full, 1 Half)
Partially Finished Basement
Radiant Heating
Total Area: 4,500 sqft
Fireplace
Property Details
5 bed/5 baths single-family home in a historic neighborhood offers a great opportunity for investors interested in fixing and flipping. Priced at $195k with an ARV of $635k, this 4,500 sqft property has plenty of space for a full renovation.
It features heating, a fireplace, a partially finished basement, and convenient parking with a carport and attached garage. The property sits on an 8,760 sqft lot.
The property is close to a college enabling an investor to maximize rental income by renting out per room.
Pictures: https://drive.google.com/drive/folders/1HtyPM6kCaXo96qbqb1YXp-X5eO6vGJYJ?usp=sharing
COMPS
4101 Saint Paul St, Baltimore, MD 21218
Sold on 03/25/24
Sold: $808,500
4300 Wendover Rd, Baltimore, MD 21218
Sold on 05/09/24
Sold: $725,000
Investor Analysis
This property presents an excellent investment opportunity in the vibrant market of Baltimore, MD. Located in a rapidly appreciating neighborhood, this property offers significant potential for both short-term flips and long-term rental income. With the right strategy, investors can capitalize on the growing demand in the area and maximize their returns.
Key Investment Highlights:
Gross Margin Potential: Priced below market value, offering a substantial profit margin for a flip.
Strong Market Demand: High demand for rentals due to proximity to amenities, transportation, and employment centers.
Located in a Historical Area: Unique opportunity to capatlize on a rare LARGE house with huge upside for the right investor.
Cons:
- Large Renovation budget needed to have this property sell at or near the suggested ARV.
- Market fluctuations may affect profitability.
- Ongoing management and maintenance costs.
Investment Strategies:
Flip Potential: High ARV potential with significant returns after cosmetic upgrades.
Buy-and-Hold: Steady rental income and long-term appreciation in a strong rental market.
BRRRR Strategy: Ideal for buying, rehabbing, renting, refinancing, and repeating the investment cycle.
Conclusion:
Promising investment opportunities with flexible strategies for immediate profit or long-term gains. Strong market demand and prime location make it a valuable addition to any investment portfolio.
Click Here For Pictures
COMPS
4101 Saint Paul St, Baltimore, MD 21218
Sold: $808,500
4300 Wendover Rd, Baltimore, MD 21218
Sold: $725,000
CLICK 'WIN IT NOW' TO AVOID BIDDING WAR $195K!
More Details:
- Year Built: 1925
- Total Area: 4,500 sqft
- Heating: Radiant
- Parking: Carport, Garage - Attached 🚗
- Lot: 8,760 sqft
- Brick Construction
- Roof: Shake / Shingle
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DISCLAIMER:
- All offers are Cash or Private Lender Only.
- Deposits for all properties are non-refundable.
- Properties are sold AS-IS with NO inspection period; Please inspect first.
- Buyer pays all closing costs for buyer and sellers.
- Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion of Citywide Investments, LLC, actual repair cost, rent, and/or ARV may vary.
- Citywide Investments, LLC is not a licensed contractor or appraiser.
- Taxes, Insurance, and Closing Costs are estimates. Actual cost may vary.
- The seller has an equitable interest in this property and is advertising the sale of this contract as it is assignable.
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