(Baltimore, MD) Townhome with HUGE Potential 🏠 Lots of Material ON SITE 🛠️

Baltimore, MD, 21218
Sold
Listed at: June 13th, 2023
Price
$185,000
ARV
$325,000
Gross Margin
$140,000
Sq. Footage
1480
Type
Townhouse
Parking
On street
Year build
1912
Lot size
acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

DESCRIPTION

Introducing an exceptional investment opportunity in the vibrant neighborhoods of Old Goucher and Charles Village in Baltimore, MD! This townhome, brimming with potential, awaits a visionary investor who can unlock its true value. While it currently requires a full rehab, the property offers a unique advantage — an abundance of materials still on-site that will be included in the sale. With drywall and flooring readily available, the foundation for transformation is already laid.

Moreover, 90% of the windows have already been replaced, with the remaining windows conveniently located on the property. This presents a fantastic chance to complete the project and reap substantial profits. Recent sales in the vicinity have surpassed the $300,000 mark, serving as compelling evidence of the area's desirability. By executing this flip meticulously, we firmly believe that you can not only match those impressive comps but even surpass them. This is an opportunity for astute investors to seize the moment and maximize their returns in a sought-after neighborhood with immense potential.

PROPERTY DETAILS


Rehab Level: Heavy / Expert

Occupancy: Vacant

Construction: Brick

Windows: New

Plumbing: New

Furnace: Working Condition

Parking: Driveway

Roof: Great Condition (7 Years Old)

Recommended Rehab Budget: $65k-$80k


CLOSING AND ACCESS


**NO SHOWINGS WILL BE SCHEDULED UNLESS A SOFT/VERBAL OFFER IS PRESENTED FIRST**

**Please CALL Ahead to Schedule An Appointment*



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.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Trevor Wilcox

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Disposition manager