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💥 Lead-Free Baltimore End Unit — Offered @ Just 37% of ARV! Available

  • $68,550
  • 3 beds
  • 2 baths
1543 Penrose Walkthrough

1543 Penrose Ave, Baltimore, MD 21223

💥 Lead-Free End Unit in West Baltimore — Offered at a Deep Discount to ARV

This 3-bed, 2-bath end-unit rowhome starts with a junk haul, but ends with a great pay day for any investor looking to execute a value-add flip in a block that’s actively improving.

Built in 1988, this one already checks the lead-free box—saving time and cost up front. The structure is solid, and the layout is functional. You’re walking into a full cosmetic rehab with a strong comp base and resale potential just under $175K.

This is a Baltimore City flip with clarity and control, not a project that will stall out with surprises.


🧱 PROPERTY HIGHLIGHTS

✅ Built in 1988 = Lead-Free Construction
✅ End Unit = Extra Light & Visibility
✅ Rehab Scope = Paint, Flooring, Kitchen/Baths, Doors
🔹 Layout: 3BR / 2BA with full-height basement
🔹 Block is improving with multiple investor sales nearby
🔹 Easy Access to Route 40 and downtown


💡 WHY THIS DEAL MAKES SENSE

  • Priced at just 37% of ARV with clear upside

  • Cosmetic rehab only — no structural, demo, or layout rework

  • End unit with broad buyer appeal

  • Strong margin potential for both resale or rental fallback

  • Comps show demand and movement in the immediate area


⚠️ YOU SHOULD KNOW

This is a full interior rehab — all cosmetic.
Bath pipe repair is needed, but it’s a straightforward fix for the right crew.
The ROI equation is simple: buy low, update smart, exit strong.


🔢 THE NUMBERS THAT MATTER

ARV: $185,000
Price: $63,500
BUY IT NOW: $68,550


📈Comps:  https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=50493018531

Submit Offer Here 


🔒 Buy It Now Guidelines

Our “Buy It Now” program is only accessible for VIP buyers. Please review:

  1. Exclusive Access
    Available only for a short VIP window before hitting the broader list.

  2. Property Access
    No walkthroughs during the Buy It Now window. Full photos + video provided. Known condition issues (like bath plumbing) disclosed.

  3. Limited Time Window
    Submit quickly—Buy It Now expires soon.

  4. Offer Process
    If we receive 2+ Buy It Now offers, we’ll request best & final from those buyers only.

  5. Post-Window Access
    Property will be released to the full list with 1 scheduled showing afterward.

  6. Closing
    Target close: On or before 9/12/2025 at RESE Title.
    Cash or hard money preferred.

Geographic Information
County: Baltimore City, MD
High Sch Dist: Baltimore City Public Schools
Tax ID: 0319040166 049
Tax Map: 0019
Tax ID Alt: 19040166 049
Block: 0166
Tax Act Num: 040166 049
City Council Dist: 19
Lot: 049
Qual Code: Good
Sub Section: 04
Sub District: 0
Legal Subdivision: Ward 19
Assessment & Tax Information

 

Tax Year: 2025
County Tax (Est): $84
Municipal Tax (Est): $1,686
Asmt As Of: 2025
Annual Tax (Est): $1,770
Taxable Land Asmt: $14,000
Taxable Bldg Asmt: $61,000
State/County Tax: $84
Taxable Total Asmt: $75,000

 

Lot Characteristics

 

 

Zoning: R-8
Zoning Desc: General Residence District

 

Building Characteristics

 

Total Units: 1
Model: Rental Dw
Fireplace Total:
Bldg Condition: Good
Residential Units: 1
Property Class Code: R
Year Built: 1988
Codes & Descriptions

 

 

Land Use: R Residential
County Legal Desc: 14-6X64
Price:
$68,550
Address:
1543 Penrose Ave
Baltimore, MD 21223
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Townhouse
Year Built:
1988
Basement:
Unfinished

Call 410-316-6197 for more details

Property Location

Call Us!
410-316-6197