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💰 Vacant Triplex – Light Rehab = $950/Month Cash Flow! Available

  • $94,150
  • 7 beds
  • 3 baths
  • 2,880 sqft

📍21502 National Pike NE, Flintstone, MD 21530

🔥 TRIPLEX  Needs Cosmetic Renovation Only! Check out these cash flow numbers 👇🏼

This vacant Triplex is the perfect cash flow opportunity for an investor looking to add value and create instant equity. With cosmetic upgrades, this property will be rental-ready and positioned to cash flow immediately.

Why This Deal Makes Sense

Strong ARV – $230,000 after renovations
Value-Add Play – Needs cosmetic rehab to maximize rent potential
High Cash Flow Potential – Strong rental demand in the area
Management Ready – 10% management fee already factored into cash flow calculations

Property Breakdown

Property Breakdown

🏠 3 Rental Units (Vacant – Needs Light Rehab)

  • Apartment 1: 2 bed / 2 bath – $800 rent
  • Apartment 2: 2 bed / 1 bath – $750 rent
  • Apartment 3: 3 bed / 1 bath – $900 rent
    💰 Total Monthly Rental Income: $2,450

Financial Breakdown

📊 ARV: $230,000
💰 Loan Amount (75% of ARV): $172,500
🏦 Monthly Mortgage (P&I @ 7%): $1,147.65
🏡 Monthly Property Taxes: $101.42
🔹 Total PITI: $1,249.06
🛠 10% Property Management Fee: $245.00


💵 Net Monthly Cash Flow (Post-Rehab): $955.94

 

This is a prime BRRRR opportunity—buy at a discount, rehab, refinance, and hold for long-term cash flow. Move fast—deals like this don’t sit long!


💰 THE NUMBERS 💰

ARV: $230,000

Price: $92,450

BUY IT NOW: $94,150

 

(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 3/26/2025 at RESE Title.  Cash or hard money only. Cash always preferred.

 

Submit Offer Here 

Comparable sales: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=46929737551

 

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 3/26/2025 at RESE Title.
  • The preferred payment method is cash or hard money. Cash offers are always preferred for a smoother transaction.
Geographic Information
County: Allegany, MD
Municipality: Unincorporated
High Sch Dist: Allegany County Public Schools
Tax ID: 0103002284
Tax Map: 0007
Tax ID Alt: 03002284
Tax Act Num: 002284
City Council Dist: 03
Parcel Number: 169
Grid: 0021
Qual Code: Fair
Sub District: 0
Sub Parcel: 0169
Assessment & Tax Information

 

Tax Year: 2024
Asmt As Of: 2024
Taxable Land Asmt: $15,200
Taxable Bldg Asmt: $98,100
Taxable Total Asmt: $113,300

 

Lot Characteristics

 

 

SQFT: 11,761
Acres: 0.2700

 

Building Characteristics

 

Total SQFT: 4,800
Residential Type: Standard Unit
Residential Design: 1.5 Story
Stories: 1.50
Total Units: 1
Abv Grd Fin SQFT: 2,880
Below Grade Unfin SQFT: 1,920
Model: Standard Unit
Fireplace Total:
Porch/Deck: Porch
Porch Type: 1 Story Open
Bldg Condition: Fair
Full Baths: 4
Total Baths: 4.0
Exterior: Frame
Dormer #: 40
Stories Desc: 1.5
Roof: Metal
Porch/Deck SQFT: 200
Heat Delivery: Radiators
Property Class Code: R
Basement Type: Yes (Type Unknown)
Sewer: Public
Year Built: 1956
Total Below Grade SQFT: 1,920
Other Amenities: Extra Kitchen
Sec 1 Construction: Sec 1 Area: 200 Sec 1 Story Type: 1
Sec 1 Description: 1 Story Open Porch Sec 1 Dimensions: Sec 1 Type:
Sec 2 Construction: Sec 2 Area: 1920 Sec 2 Story Type: 1.5B
Sec 2 Description: 1 1/2 Story with Basement Sec 2 Dimensions: Sec 2 Type:
Codes & Descriptions

 

 

Land Use: R Residential
County Legal Desc: S/S OLD RT 40 FLINTSTONE 100X117 100X120
Use Type: 1.5 Story With Basement
Price:
$94,150
Address:
21502 National Pike NE
Flintstone, MD 21530
Square Feet:
2,880
Lot Size:
11,761
Bedrooms:
7
Bathrooms:
3
Terms:
Assignment of Contract
Property Type:
Multi-family
Year Built:
1956

Call 410-316-6197 for more details

Property Location

Call Us!
410-316-6197