406 N Patterson Park Ave, Baltimore, MD 21231

INVESTORS – HERE’S THE SCOOP:

This 2-bedroom, 1-bath “Patterson Park” row home has a finished basement is prime material for a quick flip. Located close to Fells Point, Hopkins, Amazon, and Patterson Park, it’s just waiting for the right investor to unlock its potential and cash in.

WHAT YOU’RE WORKING WITH:

• Layout: 1210 above grade square feet, 2 beds, 1 bath, and a finished basement for added space (perfect for that extra ROI bump).
• Condition: Solid bones, but needs a facelift to match the neighborhood’s charm.
• Location: Steps from Patterson Park—a high-demand area where renovated properties have lower than average DOM.

WHY THIS IS A WIN:

• After Repair Value (ARV): $260,000.
• Low Initial Investment: Priced to leave plenty of room for rehab AND profit.
• Fast Turnaround: Minimal demo required. You’re looking at cosmetic updates and some smart upgrades for max resale.

• 🏡 2 Bed / 1 Bath Layout

  • Finished and Dry Basement
  • 1,210 Above Grade Sq Ft / 1,815 Total Sq Ft

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  💰 Here Are the Numbers:

  • ARV: $260,000 (comps below)
  • Price: $109,500

  • BUY IT NOW: $109,500

  (Full Buy It Now rules Below. All 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.)

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  🔑 Closing Details:

  • Closing on or before 1/17/2025 at RESE Title.
  • Cash or Hard Money Only (Cash Always Preferred).

Submit Offer Here 

COMPS: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=47028867423

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 1/17/2025 at RESE Title.
• The preferred payment method is cash or hard money. Cash offers are always preferred for a smoother transaction.