🔥 Reisterstown 3BD/1.5BA Rowhome | $246K / $365K+ ARV | Updated, Minor Cosmetic Rehab Only!
⭐ Property Features
- Home Type: Rowhome
- Bedrooms/Bathrooms: 3 BD / 1.5 BA
- Square Footage: 1320
- Basement: Semi-finished; laundry/utility room unfinished, remainder finished, ceiling height over 7 ft
- Condition: Updated throughout recently; light rehab needed
- HVAC: Functional
- Roof/Structure: No known issues reported
- Flooring: New vinyl throughout main level
- Kitchen Features: Updated/newer kitchen
- Year Built: 1973
📍 Location Highlights
Falling Spring Court sits in a quiet cul-de-sac in Reisterstown, MD, with convenient access to I-795 and proximity to the Baltimore metro employment corridor. The area supports strong owner-occupant and rental demand across the Baltimore County submarket.
🔧 Investor Notes / Value-Add Potential
- Minor cosmetic rehab opportunity — primary updates (kitchen, bathrooms, flooring, basement) already completed within the last 1-2 years. Remaining scope is minimal:
- Utility/laundry room finish-out and any cosmetic touches; mechanicals reported in good working condition
- Quiet cul-de-sac location with rear patio adds retail appeal for fix-and-flip exit
- ARV: $365K | Asking: $246K — approximately $119K gross spread before rehab and carrying costs
- Recommended strategy: fix-and-flip or buy-and-hold rental repositioning
💰 Investor Numbers
Asking Price: $246,000
ARV: $365,000
EMD: $5,000
COMPS:
23 Black Oak Ct, Reisterstown, MD 21136: $365K
1 Glyndale Ct, Reisterstown, MD 21136: $315k (not renovated)
12331 Boncrest Dr, Reisterstown, MD 21136: $305k (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 5th!
CLICK TO MAKE AN OFFER
📞 Questions Before Submitting an Offer?
Contact our dispositions manager: