109 S Stricker St, Baltimore, MD 21223

BALTIMORE INVESTORS – HERE’S A GREAT PROPERTY WITH A BIG CHAP TAX CREDIT:

Investors- imagine the pride you will have when listing this Union Square beauty! (CHAP Tax Credits are available on this property! Full CHAP explanation here)

Step into the charm of the Union Square Historic District with this 4-bedroom, 2-bathroom row home that blends classic character with modern updates from a prior full rehab! Featuring Georgia Pine floors, 10-foot ceilings, exposed brick walls, and working fireplaces in the living and dining rooms, this property is perfect for buyers seeking timeless style and comfort.

The spacious updated kitchen, complete with stainless steel appliances, flows into a versatile breakfast or office space, offering plenty of room for functionality and creativity. Conveniently located near stadiums, the Inner Harbor, and the University of Maryland Medical School, this home provides easy access to I-95 and 295, making it ideal for professionals and families alike.

WHAT YOU’RE WORKING WITH:

• Layout: 2,140 above grade square feet, 4 beds, 2 baths, plenty of space to turn this into a dream home for your end buyer.
• Condition: Good Bones, Cosmetic Work Only – Forget the heavy lifting. A facelift will do the trick here!
• ROI Potential: The margins are there—run your numbers, and you’ll see why investors love this area.

WHY THIS IS A WIN:

• After Repair Value (ARV): $275,000
• Available CHAP Tax Credits!
• Fast Turnaround: No major structural headaches—focus on the cosmetics and reap the rewards.

• 🏡 4 Bed / 2 Baths Layout

  • Unfinished basement (smaller size, not livable)
  • 2,140 Above Grade Sq Ft / 2,620 Total Sq Ft

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  💰 Here Are the Numbers:

  • ARV: $275,000 (comps below)
  • Price: $134,999

  • BUY IT NOW: $137,500

  (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 2/14/2025 at RESE Title.
  • Cash or Hard Money Only (Cash Always Preferred).

Submit Offer Here 

COMPS: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=47123639768

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 2/14/2025 at RESE Title.
• The preferred payment method is cash or hard money. Cash offers are always preferred for a smoother transaction.