🌶️ 46% of ARV — And You Could Rent It Tomorrow

Property Description

1624 Carswell St, Baltimore, MD 21218

This is a 3-bedroom, 1.5-bath row home at $109,900 against a $240,000 ARV. The house is in great condition throughout.

Read that again. 46% of ARV on a property that is not gutted, not distressed, not falling apart. This house is clean, well maintained, and livable right now. The previous owner updated the windows, doors, kitchen cabinetry, countertops, sink, and bathroom fixtures over the years — and kept everything in excellent condition.

You could put a tenant in this house this month and collect $1,700-$2,100 per month while you plan your next move. Or you could push the finishes to retail standard and flip or BRRRR into a $240K exit. Either way, you are not starting from a mess. You are starting from a house that someone cared about for years.

That is not how most deals at 46% of ARV show up.

WHY THIS DEAL MAKES SENSE

💎 46% of ARV in turnkey condition. Entry at $109,900 against a $240,000 ARV — on a house that is clean, maintained, and functional. The discount is not because the property is destroyed. The discount is the opportunity.

🛠️ Could rent as-is today. The house is in rentable condition right now. At $1,700-$2,100 per month, you can start generating income immediately while you decide whether to hold, renovate, or BRRRR. That kind of optionality almost never comes with a deal at 46% of ARV.

📈 Updates already done over time. Windows, doors, kitchen cabinets, countertops, sink, and bathroom fixtures have all been updated by the previous owner. You are not replacing the things that cost real money — you are deciding how far to push the finishes beyond what is already there.

⏳ Flip or BRRRR — your call. Add modern finishes and sell at $240K. Or rent at $1,700-$2,100, refi at the appraised value, and pull your capital back out. The entry price and the condition of the house support both paths.

1,530 sqft — real living space. This is not a tight, cramped row home. 1,530 sqft with 3 bedrooms and 1.5 baths is a comfortable layout that works for retail buyers and tenants alike.

YOU SHOULD KNOW

This house is in great condition. It has been well maintained and is livable as-is. The previous owner took care of it — and it shows the moment you walk in.

The updates that have been done (windows, doors, kitchen cabinets, countertops, sink, bathroom fixtures) are functional and in good shape. What remains depends on your strategy. A landlord could rent this with minimal work. A flipper invests in modern finishes, flooring, paint, and presentation to push toward the $240K retail ceiling.

A showing will be scheduled this week. Details will be sent by text and email.

PROPERTY HIGHLIGHTS

• 3 Bedrooms / 1.5 Bathrooms
• 1,530 sqft
• Updated windows and doors
• Updated kitchen cabinetry, countertops, and sink
• Updated bathroom fixtures
• Well maintained — excellent condition throughout
• Baltimore City

THE NUMBERS THAT MATTER

• ARV: $240,000
• Price: $109,900
• ~46% of ARV
• Rent Potential: $1,700-$2,100/mo (rentable as-is)

📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=54519955770

If 2+ offers come in, we go straight to best & final with those two only.

Closing at RESE Title. Cash or hard money.

Submit Offer Here

VIP 24-HOUR EARLY ACCESS

VIP buyers get first look by text. Buy It Now offers accepted for 24 hours following the VIP text.
Full photos and walkthrough video are provided.

If no VIP offer is accepted, a one-time showing will be scheduled and completed this week. Showing notifications will be emailed to our full buyer list.