3318 Chesterfield Ave, Baltimore, MD 21213

🔥 Prime Baltimore Deal: Easy Flip or Instant Rental

Investors, here’s a great opportunity: This property offers flexibility—ideal for a quick, profitable flip OR an immediate, cash-flowing rental with minimal effort.

Why This Deal Works:

• Minimal Rehab Needed: This home is already turnkey and was recently rented via section 8. It is a 3/2 with a fully legal bedroom in the finished basement. Cosmetic touch-ups will boost value immediately.
• Instant Equity: Strong comps support a robust ARV of $230,000, meaning there’s substantial equity waiting to be unlocked.
• High Demand Rental Area: Previously rented via Section 8, this property offers strong, consistent rental demand. It can cash flow immediately with minimal updates.

Investment Strategy Options:

1. Fix & Flip:

• Purchase Price: $113,219
• Renovation Cost: ~$10,000-$40,000 depending on your strategy (primarily cosmetic updates)
• ARV: $230,000
• Profit Potential: $60,000+ net profit after closing and selling expenses.

2. Instant Rental (Minimal Updates):

• Estimated Monthly Rent: $1,800
• Annual Rental Income: $21,600
• Mortgage (P&I @ 7%, 30 yrs, 80% LTV of ARV): ~$1,224/month

THE NUMBERS THAT MATTER

• ✔ ARV: $230,000
  ✔ Price: $110,333
  ✔BUY IT NOW: $113,333

If 2+ offers come in, we go straight to best & final with those two only.

Submit Offer Here 

📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=48189512682

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 4/7/2025 at RESE Title.
• The preferred payment method is cash or hard money. Cash offers are always preferred for a smoother transaction.