2942 Edmondson Ave, Baltimore, MD 21216
PRICE: $59,900
RENT RATE: $1,500
FLIP ARV: ~$150,000
Looking for a beautiful turnkey rental that doesn’t require rehab, you can buy it for $60,000 and rent it for $1,400 – $1,600?! This would be the one!
Everything other than new appliances is already done, remodeled, replaced, and ready to rent out! OR if you need a quick flip, make this one a little prettier and list it on the MLS for a quick profit!
Property details:
- 3 bedrooms
- 1 bathroom
- 1,216 sq ft
- New floors
- New paint
- New light fixtures
- New kitchen
- New bathroom
- New shower
- New toilet
- Large basement cleaned out with new, bright lights
RENTAL COMPS: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=DE-2037793578216&eml=a29keUB0aGVpbXBhY3Rob21ldGVhbS5jb20=
1.) 2942 Arunah Ave -Just rented for $1,700 with ONLY 2 BEDROOMS
You could throw a football to this one around the corner with only 2 beds rented at $1,700.
2.) 3019 Arunah Ave – Rented $1,500
3.) 2761 Rayner Ave – Rented $1,800
4.) 3025 Rayner Ave – $1,725
SALES COMPS: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=DE-2037793578216&eml=a29keUB0aGVpbXBhY3Rob21ldGVhbS5jb20=
1.) 2919 Arunah Ave, Baltimore, MD 21216 SOLD NEXTDOOR $175,000
2.) 3029 Arunah Ave, Baltimore, MD 21216 SOLD $217,500 (because more bathrooms)
3.) 2858 Harlem Ave – SOLD $150,000 (NOT FLIPPED)
Text and Call Kody at 410-343-4909
Submit Offer
- As always, we co-op with all agents.
- This is a wholesale assignment deal.
- Cash/hard money/private money only.
- All offers will be due by 10am on Friday August 25th.
- Offer to be selected by 12pm on Friday August 25th.
- Proof of funds required to enter into Agreement & take house off the market.
- EMD: $10,000
- EMD if we have closed on a property together this year: $5,000.
- EMD must be delivered within 24 hours.
- Buyer must be able to close within 14 days.
- RESE Title Company.
- MUST CLOSE WITH RESE TITLE COMPANY.
- Property sold as-is including contents.
- Buyer to pay ALL closing costs.
- The showing / walkthrough is your inspection and your inspection period.
- Attempting to contact the seller or walk the property without our permission will result in being blacklisted from all lists and properties.
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Premises Address: | 2942 EDMONDSON AVE BALTIMORE 21223-1011 |
Legal Description: | 20X90
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