642 S Payson St, Baltimore, MD 21223

Every once in a while, a cash cow just walks out in front of you. It looks ordinary, and unsuspecting…until you run your numbers!

Are you ready?

Here’s a property that’ll moo-ve cash into your pocket!

This home is the definition of a “cash cow”—and it’s practically begging to be milked for profits. With a purchase price of just $64,500 and potential monthly rent of $1,400 to $1,500, this property nearly doubles the famed “1% rule.” That means you’re looking at an investment that checks all the boxes for BRRRR (Buy, Rehab, Rent, Refinance, Repeat) investors looking to have zero cash in the deal after refinance.

Imagine a property that keeps the cash flowing without much fuss or extra work. With just minimal investment for rehab, you’re ready to rent and start bringing in returns. This place is the kind of deal that seasoned investors dream of—the one where you get the cow and the milk for nearly free after refinance.

Investors, you know the drill: this gem won’t sit on the market long. Cash cows like this don’t just wander onto your radar every day, so don’t let this one slip away!

This one is almost turnkey and less than a mile from Carroll Park and Montgomery Park!

🏡 Key Details:

• 2 beds / 2 baths

• Unfinished basement

• New flooring in living room

ARV: $ 165,000

Price: $ 62,950          

BUY IT NOW: $64,500

(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 11/27/2024 at RESE Title.  Cash or hard money only. Cash always preferred.

Submit Offer Here 

COMPS: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=46598649029

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 11/27/2024 at RESE Title.
• The preferred payment method is cash or hard money. Cash offers are always preferred for a smoother transaction.