Property Description

837 Lyndhurst St, Baltimore, MD 21229

Grandma's House With Great Features: Rear Parking, Finished Basement, 2 Full Baths

A Profitable Flip or a Great BRRRR — The Bones Are Good and the Features Are Built In

At 49% of ARV, this is a real rehab — but it is not the kind of project that surprises you with years of neglect.

The home has been well cared for over the decades and is structurally solid. What it needs is exactly what today's retail buyers expect: an updated kitchen, modern bathrooms, fresh flooring, paint, fixtures, and mechanical improvements where needed.

The upside here is that you are not paying to create value through additions or expensive reconfigurations. The value is already built into the property.

A finished basement. Two full bathrooms. Private rear parking for two vehicles. An enclosed porch. These are features that already exist — and they are the same features that help renovated homes stand out in Baltimore's resale market.

WHY INVESTORS LIKE YOU LIKE THIS DEAL

Buy at 49% of ARV

• Purchase Price: $119,150
• ARV: $245,000–$260,000

Enough margin for a quality renovation while maintaining room for holding costs, resale expenses, and profit.

Comps: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=54886525848

The Expensive Features Are Already There

Many rehabs require spending money just to become competitive. This one already offers:

• Rear parking for two cars
• Finished basement
• Two full bathrooms
• Enclosed porch
• Brick construction

Those are not line items in your renovation budget. They are already part of the property.

Renovation Scope Is Defined

The house has been occupied and maintained for decades but has seen very few modern updates. Expect renovations to include:

• Kitchen renovation
• Bathroom updates
• Flooring throughout
• Interior paint
• Lighting and fixtures
• Plumbing evaluation (upstairs toilet currently not functioning — likely cast-iron issue)
• General finish updates throughout

This is a renovation project — not a structural redevelopment.

Roof and Windows Have Been Addressed

The roof has had patchwork repairs within the last 1–2 years. Windows have been updated from the originals. Neither is brand new, but both have been touched more recently than most comparable properties at this price point.

PROPERTY HIGHLIGHTS

• 3 Bedrooms / 2 Full Bathrooms
• Rear parking for 2 cars
• Finished basement (600 sqft)
• Enclosed porch
• 1,200 sqft above grade
• Brick center-unit row home
• Windows updated from originals
• Roof repaired within last 1–2 years
• Built: 1940
• R-6 Zoning
• Baltimore City

THE NUMBERS

• ARV: $245,000–$260,000
• Price: $119,150
• ~49% of ARV

📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=54886525848

If multiple offers are received, we will request best and final from the top buyers only.

Cash or hard money. Closing with RESE Title.

Submit Offer Here