Property Description

$149,950 ASKING | $325,000 ARV | ~46% OF ARV

This house was fully rehabbed once already. That's why a 1920 detached has hardwood floors, central air, gas heat, stone counters, a front porch and off-street parking on a level, fenced quarter-acre lot.

It needs to be done again. But you're not starting from nothing.

Three recent closings in the area:

• 2505 Oakley Ave — same street — $324,900 (5/2, 1,572 SF, 0.14 ac)
• 2912 Dupont Ave — $335,000
• 3020 Virginia Ave — $400,000 (4/3.5, 1,950 SF, 0.14 ac)

We're calling the ARV $325,000 — the bottom of that range.

This one sits on seventy percent more land than any of them, with 624 SF of unfinished basement on top of 1,248 above grade. Finish it and you're at 1,872 SF — past the same-street comp and closing on Virginia Ave.

THE OPPORTUNITY

Detached single family, not a rowhome — in a zip where nearly all competing inventory is rowhomes on fifteen feet of frontage with no yard at all. That's the product difference, and it's already built.

The roof is the number on this deal. Storm damage, insurance approved repairs rather than a full replacement, and attic mold requiring remediation. Price the replacement and the remediation together — that single line item decides whether this works for you.

Beyond that the interior needs updating throughout: kitchen, bath, flooring refinish, paint and finishes.

📈 Comps & Market Data

FLIP IT OR HOLD IT

Renovate and exit into the $325K–$400K range — or rent it at $2,200/month on a $149,950 basis.

Four bedrooms, a fenced yard and off-street parking rent well in 21215. You don't have to pick before you walk it.

INVESTOR SNAPSHOT

• ARV: $325,000 — comps $324,900 / $335,000 / $400,000
• Price: $149,950
• Est. rent: $2,200/month
• 4 BR / 1.5 BA
• Detached single family
• 1,248 SF above grade + 624 SF unfinished basement
• 50 x 207 lot — 0.24 acres, level and fenced
• Off-street parking
• Hardwood floors · central AC · gas heat
• Wood cabinets + stone countertops
• Open front porch
• Roof — storm damage, replacement needed
• Attic mold — remediation required

TERMS

Cash close, no financing contingencies.

Offer Deadline: Friday, Sept 18 @ 5:00 PM Closing: 9/30/2026 at RESE Title EMD: $2,500

If 2+ offers are received, we'll go directly to best & final with the strongest buyers.

Submit with proof of funds and your proposed closing timeline.