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✨ Flip This House Listed @ 29% ARV Available

  • $69,900
  • 3 beds
  • 2 baths
2607 Garrett Walkthrough

2607 Garrett Ave, Baltimore, MD 21218

Duplex at 29% of ARV — Same-Block Comp Pending at $240K

This is a 2-unit townhouse in near Clifton Park priced at $69,900. A nearly identical property on the same block is currently pending at $240,000. Keep it as a 2 unit and rent, or renovate and flip as a 1 unit.

Past renovation: The building was renovated in 2008. Lower unit is a 2-bed / 1-bath with a fully finished walkout basement including a rec room and full kitchen. Upper unit is a 1-bed / 1-bath with its own kitchen and living space. HVAC is installed. Both units are separately metered and income-ready.

Discount: This price is being sold at such a discount since there are holdover tenants in place, who have been given notice and are cooperative. They are behind on rent. The next investor takes this on with clear notice already served and a path to vacancy.

At 29% of ARV with a duplex layout, this deal works as a flip, a BRRRR, or a long-term hold.


WHY THIS DEAL MAKES SENSE

💎 29% of ARV with a same-block comp. Entry at $69,900 against a $240,000 pending sale on the same block. This is not a projection — the comp is right there.

🛠️ Duplex layout already built. Two separate units, two kitchens, two bathrooms, separate living spaces. The conversion work is already done. You can leave it as is or convert back to a single unit and flip this house

2008 renovation as your baseline. The building was renovated 18 years ago. Structure, layout, and systems were already addressed. The rehab is about updating finishes and refreshing units, not rebuilding infrastructure.

📈 Multiple exits with real flexibility. Flip the whole building. BRRRR it and refi at the new value. Or update both units, place tenants, and hold for cash flow. The duplex layout gives you options that a single-family does not.


THE NUMBERS THAT MATTER

  • ✔ ARV: $240,000
    ✔ Price: $69,900
    One time showing Friday April 3, 2026.
    Text to RSVP: (410)316-6197
    Offers Accepted until April 4, 2026 @ 5 pm only

Submit Offer Here 

📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=DE-240935604172

YOU SHOULD KNOW

The tenants currently in the building have been given notice to vacate and are cooperative. They are behind on rent. This is not an eviction battle — it is a transition already in progress.

The investor who buys this inherits a building with notice already served and a clear path to vacancy. Once vacant, the rehab scope is focused on updating kitchens, baths, and finishes across both units to match the standard set by the $240K pending comp on the same block.

The spread at 29% of ARV gives you room to do the work right and still exit with strong margin — whether you flip or hold.


PROPERTY HIGHLIGHTS

  • 2 Separate Units (Lower + Upper)
  • Lower Unit: 2 Bed / 1 Bath + Finished Walkout Basement w/ Rec Room & Kitchen
  • Upper Unit: 1 Bed / 1 Bath w/ Kitchen & Living Room
  • HVAC System Installed
  • Renovated in 2008
  • R-6 Zoning (General Residence)
  • Year Built: 1940
  • Lot: 17 x 75
  • Holdover Tenants: Notice served, cooperative, behind on rent

 

Submit Offer Here 

 

Geographic Information
County: Baltimore City, MD
High Sch Dist: Baltimore City Public Schools
Tax ID: 0309164114E004
Tax Map: 0009
Tax ID Alt: 09164114E004
Block: 4114E
Tax Act Num: 164114E004
City Council Dist: 09
Lot: 004
Qual Code: Average
Sub Section: 16
Sub District: 0
Legal Subdivision: Ward 9
Assessment & Tax Information

 

Tax Year: 2026
County Tax (Est): $56
Municipal Tax (Est): $1,126
Asmt As Of: 2026
Annual Tax (Est): $1,182
Taxable Land Asmt: $20,000
Taxable Bldg Asmt: $55,000
State/County Tax: $56
Taxable Total Asmt: $58,400

 

Lot Characteristics

 

 

Zoning: R-6
Zoning Desc: General Residence District

 

Building Characteristics

 

Total Units: 1
Model: Rental Dw
Fireplace Total:
Bldg Condition: Average
Property Class Code: R
Year Built: 1940
Codes & Descriptions

 

 

Land Use: R Residential
County Legal Desc: 17-6X75
Price:
$69,900
Address:
2607 Garrett Ave
Baltimore, MD 21218
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Duplex
Year Built:
1940
Basement:
Partially finished

Call 410-316-6197 for more details

Property Location

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410-316-6197