Property Description:

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Opportunity to acquire a large four-level Baltimore rowhome offering 4 existing bedrooms, 1.5 bathrooms, and approximately 1,963 sq ft, providing investors with multiple exit strategies through either a lower-cost buy-and-hold renovation or more comprehensive fix & flip
***TAKE NOTE: Estimated monthly rental potential of approximately 2,100–2,400 following renovation. With 4 existing above-grade bedrooms and nearly 2,000 sq ft, investors can pursue a strong rental strategy without having to reconfigure the existing bedroom count
Main Level: Living room, dining room, convenient half bathroom, kitchen, and rear walk-out leading to a private fenced patio
Upper Level One: Two bedrooms and a full hall bathroom
Upper Level Two: Two additional bedrooms, providing a true 4-bedroom above-grade layout across the two upper levels
Lower Level: Full unfinished basement providing valuable storage and utility space. Ceiling height is estimated at slightly over 6 feet but less than approximately 6'6", so investors should underwrite this area primarily as unfinished storage/utility space rather than additional finished living area
***Recent Improvements: Roof replaced within approximately the past year • Water heater replaced within approximately the past year • Existing heating system is operational but older. ***BUY & HOLD STRATEGY: Approximately 35K target renovation budget to prepare the property for rental, with estimated monthly rent of approximately 2,100–2,400. ***FIX & FLIP STRATEGY: Approximately 90K target renovation budget for a more comprehensive renovation designed to maximize retail appeal, with a projected ARV of approximately 300K
Conveniently located near Johns Hopkins Hospital and the East Baltimore medical/employment corridor, with access to downtown Baltimore, public transportation, major commuter routes, shopping, dining, parks, and other major Baltimore employment centers