Remington Townhome: $108K Spread Near The Ave

A Prime Remington Location

This 3-bedroom, 2-bath townhome at 2612 Hampden Ave sat in one of Baltimore's most sought-after neighborhoods -- Remington, just steps from The Avenue's restaurants, shops, and nightlife. We acquired the property at $179,299, representing just 53% of the $340,000 after-repair value. The walkable urban location and strong rental demand made this a standout opportunity for our buyer network.

What We Found Inside

Built in 1912, the 1,260 sqft home had good bones and several advantages. The finished basement already had plumbing installed, and the roof had been recoated approximately two years prior with no active leaks. The kitchen and bathrooms were functional but dated -- a classic modernization play. The basement walkout access and larger bedroom count differentiated it from comparable row homes in the area.

The Moderate Renovation

The buyer invested $35,000 in a moderate renovation focused on modernization. The kitchen was fully updated with shaker cabinets, quartz countertops, stainless appliances, and a subway tile backsplash. Both bathrooms received new tile, vanities, and fixtures. The hardwood floors were refinished throughout, new lighting installed, and the entire interior repainted. The finished basement was cleaned up with new flooring to serve as a recreation space.

Closing the Deal

After a four-month renovation timeline, the property listed at $339,900 and sold for $323,000. With the $179,299 purchase, $35,000 in renovations, and approximately $15,000 in closing and holding costs, the buyer walked away with roughly $93,700 in profit. The Remington location ensured strong buyer interest from young professionals and couples drawn to the neighborhood's energy.

Key Takeaway

Location-driven deals in Baltimore's emerging neighborhoods offer a powerful combination: entry prices that still reflect older conditions, but resale values driven by neighborhood transformation. Remington, Hampden, and surrounding areas continue to appreciate as retail and dining options expand. Getting in at the right basis through off-market sourcing is the competitive advantage.