2635 Loyola Southway, Baltimore, MD 21215
4BR / 2BA at 18% of ARV — Full Rehab, Large Spread, $275K Ceiling
This is a vacant 4-bedroom / 2-bathroom row home priced at $48,500 against a $275,000 ARV. That is roughly 18 cents on the dollar.
This is a full rehab. Nothing has been updated — roof, HVAC, electrical, plumbing, kitchen, baths, and finishes all need work. The property is vacant and on lockbox. You can walk it today.
The basement is already partially finished, which gives you livable square footage that most comps in this pocket do not have. That is built-in upside for the investor who executes this correctly.
At 18% of ARV on a 4-bed / 2-bath, the math on this deal is not close. It is wide open.
WHY THIS DEAL MAKES SENSE
- 18% of ARV. Entry at $49,500 against a $275,000 resale ceiling. Even with a full rehab budget and holding costs, the spread on this deal is substantial.
- 4 bedrooms, 2 bathrooms. The bedroom and bathroom count is already where it needs to be for maximum resale value. No layout changes required to hit the top of the comp range.
- Partially finished basement. Additional livable space that most competing listings do not offer. This is a built-in advantage at resale — a feature you do not have to create, just improve.
- Vacant and accessible. No tenants, no notice period, no waiting. The property is on lockbox. Walk it, scope it, and submit.
YOU SHOULD KNOW
This is a full gut renovation. Every system needs attention — roof, HVAC, electrical, plumbing, water heater. The kitchens and baths are outdated and the finishes throughout need to be replaced.
That is also why the price is $49,500.
The investor who buys this is getting a 4-bed / 2-bath with a partially finished basement in a zip code where updated homes sell near $275K — and they are getting it at a price that leaves room for a full renovation budget with real margin on the other side.
This is not a cosmetic refresh. This is a ground-up value creation play for an investor who knows how to run a full rehab.
THE NUMBERS THAT MATTER
✔ ARV: $275,000
✔BUY IT NOW PRICE: $49,500
Submit Offer Here
📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=DE-241940101077
One-time showing Friday, April 3, 2026. Text to RSVP: (410) 316-6197
VIP buyers: property is on lockbox — walk it anytime.
If 2+ offers come in, we go straight to best & final with those two only.
Closing on or before April 30, 2026 at RESE Title. Cash or hard money.
PROPERTY HIGHLIGHTS
- 4 Bedrooms / 2 Bathrooms
- Partially Finished Basement
- Vacant — On Lockbox
- R-6 Zoning (General Residence)
- Year Built: 1920
- Lot: 22 x 100
- Full Rehab Required (all systems, finishes, kitchen, baths)
INVESTOR MATH — FLIP SCENARIO
| After Repair Value (ARV) | $275,000 |
| Less Selling Costs (~8%) | -$22,000 |
| Net Resale Proceeds | $253,000 |
| Purchase Price | $48,500 |
| Estimated Rehab (high) | $120,000 |
| Estimated Holding Costs | ~$15,000 |
| Total Investment | ~$183,500 |
| Estimated Gross Spread | ~$69,500 |
THE NUMBERS THAT MATTER
✔ ARV: $275,000
✔BUY IT NOW PRICE: $48,500
Submit Offer Here
📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=DE-241940101077
Buy It Now Guidelines
Our “Buy It Now” program is only accessible for VIP buyers.
Please review the following guidelines to understand how the program works:
1. Exclusive Access
- The “Buy It Now” program is available for a short window exclusively to VIP buyers. This is a unique opportunity to purchase properties at a discounted price before they are opened to the broader market.
2. Property Access
- During the “Buy It Now” window, there will be no access to the property. However, we provide full pictures and walkthrough videos to assist you in assessing the property.
- Any specific notes on the condition will be shared, and if there are known latent defects, we will highlight those for transparency.
- We encourage you to reach out with any questions regarding the property’s condition.
3. Limited Time Opportunity
- This is a brief and exclusive window for purchasing. Once the program opens, interested buyers must act quickly, as the buying process will close at the advised time.
4. Offer Process
- The “Buy It Now” price will secure the deal unless we receive two or more offers. In the event that we receive multiple Buy It Now offers, we will kindly request the buyers to submit their best and final offers.
5. Post-Window Access
- After the “Buy It Now” window closes, the property will be made available to our entire buyers list via email.
- A one-time showing will be organized for all buyers interested in the property.
6. Final Selection
- After the showing, we will select the best and highest offer for the property.
7. Offer Acceptance
- Buy It Now offers will be accepted for 3 hours following the VIP text notification.
- If 2 or more offers are received, we will request best and final offers only from those buyers.
8. Closing Details
- The closing date will be set for on or before Apr 30, 2026 at RESE Title.
- The preferred payment method is cash or hard money. Cash offers are always preferred for a smoother transaction.
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