Property Description

4305 Fairfax Rd, Baltimore, MD 21216

3BR / 1.5BA at 45% of ARV — New Roof Done Last Year

This 3/1.5 has a new roof and has been owner-occupied for 20+ years, though it does need updating throughout. But being priced at 45% of ARV leaves you room to rehab as you see fit while still making a healthy profit.

The roof was replaced last year. The water heater was replaced recently. Central air and heat are installed. The basement is partially finished and usable. Rehabbed 3-beds in this pocket rent for $1,900 per month.

$104,590 against a $235,000 ARV. Walk it, scope it, and run your own numbers.

WHY THIS DEAL MAKES SENSE

• 45% of ARV. Entry at $104,590 against a $235,000 ARV. Rehab is required, but the gap between the purchase price and the ARV is wide enough to cover the scope and still produce a return.
• Roof replaced last year. The roof is in good condition. On a rehab, that is one major line item you do not need to budget for.
• $1,900/mo rent potential. Rehabbed 3-bedrooms in this pocket rent for $1,900. At this entry price, the property works as a flip, a BRRRR, or a long-term rental hold.
• Central air and heat installed. Systems are in place. Factor their age and condition into your renovation plan, but you are not installing from scratch.
• Owner-occupied 20+ years. The house has been lived in and maintained — not abandoned. The basement is partially finished and adds usable space below grade.

YOU SHOULD KNOW

This property needs rehab. Kitchen, bathrooms, windows, flooring, paint, and finishes throughout all need to be addressed.

The roof is the one major item that is already done. The water heater is recent. Central air and heat are installed. Beyond that, assume you are touching everything. Walk the property and scope it yourself before submitting.

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

PROPERTY HIGHLIGHTS

• 3 Bedrooms / 1.5 Bathrooms
• Roof replaced last year
• Water heater replaced recently
• Central air + central heat installed
• Partially finished basement
• Owner-occupied 20+ years
• Baltimore City

THE NUMBERS THAT MATTER

• ARV: $235,000
• Price: $104,590
• ~45% of ARV
• Rent Potential: $1,900/mo

📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=54725940624

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