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
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✔ 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
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