💰 Baltimore City 3BD/2BA Rowhome | $146K Ask / $320K+ ARV | End-of-Group w/ Large Yard
⭐ Property Features
Home Type: Rowhome (End of Group)
Bedrooms/Bathrooms: 3 Bed / 2 Bath
Square Footage: 1,320 sq ft
Lot Size: 4,134 sq ft
Basement: Unfinished, just over 7 ft ceiling height, occasional water intrusion at front bump-out during heavy rain events
Construction: Brick rowhouse, 1915 build
Condition: Full rehab needed — interior and exterior
HVAC: Gas hot water radiator system; furnace (2005); water heater (approx. 6 years old); no central air
Plumbing: Working
Roof/Structure: 5-10 years old; exterior siding bump-out requires attention
Windows: Mostly original; a few in need of replacement
Flooring: Hardwood throughout
Kitchen Features: Last updated approximately 20 years ago
Year Built: 1915
📍 Location Highlights
Gorsuch Avenue sits in the Pen Lucy/Govans corridor of Baltimore City, minutes from York Road and the Belvedere Square retail hub. The area draws consistent investor activity, supported by proximity to Morgan State University and strong rental demand along the northeast Baltimore corridor.
🔧 Investor Notes / Value-Add Potential
– End-of-group rowhome with a large yard and shed — a layout premium that supports higher finished values in this submarket.
– High ceilings and hardwood floors throughout provide strong cosmetic bones; property requires a full, heavy rehab across all systems and finishes.
– Exterior work needed including siding and bump-out repairs; roof is relatively recent at 5-10 years old, reducing one major capital line item.
– Asking price of $160,000 against a $310,000 ARV creates a $174,000 gross spread — room for a full renovation budget and investor margin.
– Best suited for fix-and-flip; experienced investors comfortable with full-scope rehabs will find the most value here.
💰 Investor Numbers
Asking Price: $146k
ARV: $320k
EMD: $3k
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COMPS:
3210 Ellerslie Ave, Baltimore, MD 21218
3502 Ellerslie Ave, Baltimore, MD 21218
1118 Montpelier St, Baltimore, MD 21218
📝 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: September 21st!
CLICK TO MAKE AN OFFER
📞 Questions Before Submitting an Offer?
Contact our dispositions manager: