đ„ Baltimore City Rowhome | 3BD/1BA | Moderate Rehab w/ $220K+ ARV
â Property Features
- Home Type: Rowhome
- Bedrooms/Bathrooms: 3 BD / 1 BA
- Square Footage: 1,248 sq ft
- Basement: Unfinished, low ceiling height
- Condition: In need of moderate renovation â cosmetic and system-level work required
- HVAC: Furnace needs replacement; window AC units for cooling
- Plumbing: Functional
- Roof/Structure: Replaced 2018
- Windows: Updated 2005
- Flooring: Hardwood throughout main and upper levels; tile in kitchen and bathroom
- Kitchen Features: Updated approximately 2005; functional condition
- Year Built: 1920
đ Location Highlights
Located on Edmondson Ave in West Baltimore, this property sits along a well-traveled corridor with proximity to I-695 and downtown Baltimore. The area draws consistent investor activity given its rental demand and accessible price points relative to citywide ARVs.
đ§ Investor Notes / Value-Add Potential
- Moderate rehab candidate â cosmetic updates and system replacements needed; structural and plumbing reported functional
- 2018 roof is a significant capital expenditure already completed, reducing post-purchase overhead
- Hardwood floors throughout add recoverable value with refinishing
- Asking $51K against a $220K+ ARV â strong spread for a fix-and-flip or rental repositioning play
- Recommended strategy: fix-and-flip primary; buy-and-hold/rental repositioning as secondary given West Baltimore rental demand
đ°Â Investor Numbers
Asking Price: $51,000
ARV: $220,000
EMD: $3,000
COMPS:
2822 Harlem Ave, Baltimore, MD 21216: $220K
2649 W Lafayette Ave, Baltimore, MD 21216: $210K
2425 Lauretta Ave, Baltimore, MD 21223: $205K
đ 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
đ 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: $3,000 within 24 hrs of contract acceptance.
- Closing with Lakeside Title Company.
- As-Is sale; buyer to perform due diligence
- Expected settlement: October 8th!
CLICK TO MAKE AN OFFERÂ
đ Questions Before Submitting an Offer?
Contact our dispositions manager: