🏠 Dated SFH Needs Your Rehab 🚀

Baltimore City, Baltimore, MD, 21207
Sold
Listed at: October 5th, 2023
Price
$169,500
ARV
$360,000
Gross Margin
$190,500
Sq. Footage
1251
Type
Single-Family
Parking
Detached Garage
Year build
1925
Lot size
acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Are you looking for your next profitable flip? Look no further as this could be THE exciting opportunity just waiting for you!

Nestled just half a mile away from the renowned Forest Park Golf Course, this Baltimore City property boasts a prime corner lot, ensuring maximum visibility and future potential.

While this investment house needs some TLC and updates, it presents a golden opportunity for those willing to invest in its transformation. With a little work, you can unlock its hidden potential and significantly increase its value.

🏡 Key Details:

3 beds/1 bath, 1,251 ab gr sq ft

1/2 mile away from Forest Park Golf Course

2-car detached garage

Unfinished basement

COMPS: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=40304023442

THERE WILL BE A ONE TIME SHOWING THIS FRIDAY. RSVP BY EMAIL.

ARV: $360,000

Repairs: $70-85,000 but please do your own diligence

Purchase Price: $169,500, (closing by 11/10/2023 or ASAP)

Our own internal financial analysis shows this deal with a 21% Net Return after holding costs have been calculated.

This represents a NET MARGIN OF $77,590!

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

Joshua Hines

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Disposition manager