1932 Merritt Blvd, Dundalk, MD 21222
Here is the best Flip opportunity in all of Dundalk, the heart Baltimore County! This 3-bedroom, 2-bath single-family home is CLEAN…a real “grandma” type of house. Very well kept and has solid bones and has been well cared for… until recently. Water leaked into the basement, and now thereâs mold. Full disclosure: youâll smell it when you walk inâbut donât let that stop you. Fixing this is straightforward and the ROI speaks for itself.
WHAT YOUâRE WORKING WITH:
- Layout: 3 beds, 2 baths. Classic setup that buyers love.
- Condition: Clean and well-maintained aside from the basement issue.
- Mold: Yes, itâs there. But in our experience, gut the drywall and flooring, and dry it out properly, and youâre 90% of the way to a mold-free house.
WHY THIS IS A WIN:
- Big ROI Potential: Mold scares most buyers, but itâs a fixable problem. This property is priced with that in mind, leaving serious room for profit.
- Minimal Cosmetic Updates Needed: Beyond the basement, most of the house just needs a modern refresh.
FLIP STRATEGY FOR MAX PROFIT:
- Gut the Basement: Dry it out, treat it, and rebuild.
- Cosmetic Refresh: Update floors, paint, and fixtures throughout.
- Curb Appeal: Add some landscaping and touch-ups for that buyer-ready look.
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1,176 above grade sq ft/ 2,352 total sq ft
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3/2 layout
Here are the numbers:
ARV: $325k
Price: $169,500
BUY IT NOW: $173,950
(Buy It Now offers accepted for 3 hours following VIP text. If 2+ Buy It Now Offers are received, we will kindly ask for best and final only from these buyers)
Closing on or before 1/13/2025 at RESE Title. Cash or hard money only. Cash always preferred.
Submit Offer HereÂ
COMPS:Â https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=46996245074
Buy It Now Guidelines
Our âBuy It Nowâ program is only accessible for VIP buyers.
Please review the following guidelines to understand how the program works:
1. Exclusive Access
- The âBuy It Nowâ 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 âBuy It Nowâ 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 propertyâs 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 âBuy It Nowâ 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 âBuy It Nowâ 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 1/13/2025 at RESE Title.
- The preferred payment method is cash or hard money. Cash offers are always preferred for a smoother transaction.