Baltimore MD Rowhome Walking Distance John Hopkins in Good Condition for Only $94,900! That's $45K+ LESS Than Updated Comps!
506 N Patterson Park Ave Baltimore MD 21205
| The Numbers | |
| Sale Price: | $94,900 |
| Needed Upgrades: | $25,000 |
| After Repair Value: | $140,000 |
| Spread: | $45,000 |
| Description of Home | |
| Type: | Townhome |
| Bedrooms: | 3 |
| Bathrooms: | 1 |
| Levels: | 2 |
| Parking: | Street |
| Square Feet Total: | 1280 |
| Sale Comps | |
| 512 N Port St - Sold - $160,000 | |
| 502 N Patterson Park Ave - Sold - $140,000 | |
| 524 N Patterson Park Ave N - Sold - $150,000 | |
| Rent Comps | |
| 446 N Patterson Park Ave - Rented - $1,775 | |
| 2113 Orleans St - Rented - $1,695 | |
| 230 Duncan St N - Rented - $1,650 |
Additional Information
INVESTOR SPECIAL!! This 3br, 1ba, 2lvl rowhome is a short walk to John Hopkins. Its in liveable condition now. The home does have a 3rd level, unfinished basement, that can NOT be lived in, but you can put some utilites down there and some storage. This home is an easy rehab for a newer or experience rehab to take advantage of a good equiity spread and GREAT CASH FLOW for the buy/hold investor as it should rent for $1,650+/month!. For you rehabbers out there, update this home and finish the basement and it sets up well to make BIG MONEY! Updated homes in the area are selling for $140K+. But you can buy this home for only $94,900. That's a $45K+ 'spread' to work with!! Hurry, this townhouse won't last long!! NOTE: This property is listed as under contract in MLS. We are the buyers of that property that are lookinig to immediately resell the home to someone like yourself after we buy it as a separate transaction.
Disclosures
All information, including figures, are provided in good faith, but are not guaranteed to be accurate. Buyers should conduct their own due diligence. We are not agents and this is not a pocket listing. We are under contract with the title holder and considered principals in the transaction. Anyone attempting to contact the title holder will be viewed as intentional interference with a contract and legal action may be brought against you. Additionally, you will be permanently removed from our mailing list and the mailing list of other major wholesalers in the area.