🔥 East Baltimore Rowhome Near Hopkins 3BD/3.5BA | $208K / $365K+ ARV | Light Cosmetic Only
⭐ Property Features
- Home Type: Rowhome (End-of-Group, 3-Story + Basement)
- Bedrooms/Bathrooms: 3 BD / 3.5 BA (Loft convertible to 4th bedroom with door addition)
- Square Footage: 2500 sq ft
- Lot Size: 1725 sq ft
- Basement: unfinished; suitable for mechanical/storage use
- Condition: Good overall—cosmetic work needed
- HVAC: Central air; mechanicals in good condition; system approximately 8-10 years old (renovated in 2016)
- Plumbing: No major issues; minor wear consistent with rental use
- Roof/Structure: Approximately 15 years old; no active leaks reported; end-of-group corner structure
- Windows: Updated as part of the 2014-2016 full renovation
- Flooring: Hardwood throughout; carpet in some areas (recently replaced in select rooms)
- Kitchen Features: Open-concept kitchen and living room layout
- Year Built: 1920
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📍 Location Highlights
Located on Jefferson Street, 4 blocks from Johns Hopkins Hospital, one of Baltimore City’s strongest rental demand corridors and a consistent driver of investor activity in East Baltimore. Immediate access to a dense pool of medical staff, students, and university-affiliated professionals.
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🔧 Investor Notes / Value-Add Potential
- Light cosmetic rehab only—the property underwent a full gut renovation from 2014 to 2016; mechanicals, windows, and systems updated at that time
- Loft space offers a straightforward path to a 4-bedroom configuration with a door addition, potentially lifting rental income and ARV
- Open-concept main level with half bath; 3.5-bath layout is above average for the price point and neighborhood comp set
- Asking $208K against $365K+ ARV—strong spread for a cosmetic-level deal 4 blocks from a major institutional employer
- Fix-and-flip or rental repositioning
💰 Investor Numbers
ARV: $365K
Asking Price: $208K
EMD: $5K
🏚️ ARV COMPS:
- 817 N Chester St: $472k, only 2 bed
- 2331 E Madison St: $390k
- 513 N Patterson Park Ave: $320k, smaller, not end of group
📝 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: $5000 within 24 hrs of contract acceptance.
- Closing with Lakeside Title Company.
- As-Is sale; buyer to perform due diligence
- Expected settlement: July 3rd, 2026
CLICK TO MAKE AN OFFER
📞 Questions Before Submitting an Offer?
Contact our dispositions manager: