🔥 Baltimore City Townhome | 3 Bed 1.5 Bath | Moderate Rehab w/ $290K-300K+ ARV | Finished Basement
⭐ Property Features
- Home Type: Townhome
- Bedrooms/Bathrooms: 3 Bed / 1.5 Bath
- Square Footage: 1,280 sqft
- Basement: Finished, ceiling height over 7 feet, wood paneling with older tile flooring, half bath
- Parking: Rear parking pad
- Condition: Dated finishes throughout, mostly cosmetic updates needed
- HVAC: Central air; system dates to 1999
- Plumbing: Reported in working condition, type not specified
- Roof/Structure: Approximately 10 years old; dining room floor shows some warping
- Windows: Vinyl, replaced in 2014
- Flooring: Hardwood throughout main living areas, older carpet in some rooms, older tile in basement
- Kitchen Features: Original kitchen, approximately 20 years old
- Year Built: 1952
📍 Location Highlights
Located on a quiet block directly adjacent to Morgan State University in the Northwood area of Baltimore City. Strong rental demand corridor given proximity to the university and surrounding residential pocket.
🔧 Investor Notes / Value-Add Potential
- ARV: $290K-300K+ | Asking: $174,000
- Moderate rehab scope: updated kitchen and bathroom finishes, flooring refresh, hot water heater replacement, and HVAC nearing end of useful life
- Walk-up attic offers potential for additional finished living space
- Fenced rear yard with patio and parking pad add rental appeal
- Recent comps in Northwood have sold in the $250K-$300K range over the last 1-2 years
- Strong fit for fix-and-flip or buy-and-hold rental repositioning strategy
💰 Investor Numbers
Asking Price: $174,000
ARV: $290K – 300K
EMD: $5,000
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COMPS:
1537 Stonewood Rd, Baltimore, MD 21239 $310k (5/26)
1905 Heathfield Rd, Baltimore, MD 21239 $300k (9/26)
2013 Ramblewood Rd, Baltimore, MD 21239 $290k (8/26)
1615 Burnwood Rd, Baltimore, MD 21239 $290k (active, not rehabbed)
📝 Access Policy
- To respect the seller and streamline the process, we prioritize buyers who provide a preliminary offer range, proof of buying criteria, or, when applicable, proof of funds.
- Showings are limited and offered only to buyers who indicate they are prepared to perform within reasonable proximity to the listed price expectations
📍 INVESTOR DISCLOSURES
- As always, we co-op with all agents
- All offers via our wholesale assignment contract (not a sale of equity).
- Cash / Hard Money / Private Money only.
- Proof of funds required.
- EMD: $5,000 within 24 hrs of contract acceptance.
- Closing with Lakeside Title Company.
- As-Is sale; buyer to perform due diligence
- Expected settlement: November 16th, 2026
CLICK TO MAKE AN OFFER
📞 Questions Before Submitting an Offer?
Contact our dispositions manager: