💰 Baltimore City 3BD/2BA SFH | $165K / $385K+ ARV | Garage + Large Yard
⭐ Property Features
Home Type: Single Family Home (multi-unit configuration — main unit + basement apartment)
Bedrooms/Bathrooms: 3 BD / 2 BA (main); additional 3 BD / 1 BA upper unit; basement apartment unit
Square Footage: 1,236 sq ft
Lot Size: 9,180 sq ft
Basement: Unfinished, basement apartment present, water intrusion noted
Parking: Detached garage + large yard
Condition: Not livable — heavy rehab required throughout
HVAC: Radiator heat, no central air
Roof/Structure: Front porch requires structural repair
Windows: Not specified
Flooring: Original hardwood floors throughout
Kitchen Features: Not specified
Year Built: 1936
📍 Location Highlights
Located in the 21214 ZIP corridor of Baltimore City, this property sits in an area with consistent investor activity and comparable sales ranging from $390K to $420K. Quick access to major Baltimore City thoroughfares and established rental demand make this a viable repositioning target.
🔧 Investor Notes / Value-Add Potential
- Heavy rehab opportunity priced to reflect scope — asking $165K against a $385K ARV leaves significant room for renovation budget and margin
- Multi-unit configuration (main home plus basement apartment) adds rental income potential beyond a standard single-family flip
- Original hardwood floors throughout — preservable asset that can reduce finish costs if salvageable post-rehab
- Detached garage and large yard with shed offer additional value-add and curb appeal upside
- Recommended strategy: Fix-and-flip or rental repositioning for investors comfortable with heavy/full gut rehab scope
💰 Investor Numbers
Asking Price: $165K
ARV: $385K
EMD: $5,000
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COMPS:
5313 Elsrode: $385k, 6/30/26 (terrible curb appeal)
3212 Wisteria: $378k, 6/1/26 (not renovated)
📝 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: October 7th, 2026
CLICK TO MAKE AN OFFER
📞 Questions Before Submitting an Offer?
Contact our dispositions manager: