$32900 / 3br - Landlord / fix and flip

32900.00 $

Houses - Apartments for Sale
January 29, 2018
Country: United States
Region: Maryland
City: Baltimore
City area: 1612 N Monroe St, Baltimore, MD 21217
Address: 1612 N Monroe St, Baltimore, MD 21217
Description:

1612 N Monroe St Baltimore MD 21217

Investors and homeowners welcome!

$32,900 - 1500-1600 sq ft of living space 3BR 1BA or 4BR 2BA

Comps: (active)

1.) 1923 Fulton Ave N Baltimore MD 21217 ($45,000)

2.) 2724 Parkwood Ave Baltimore MD 21217 ($40,000)

3.) 2307 Reisterstown Rd Baltimore MD 21217 ($39,900)

4.) 1923 Division St Baltimore MD 21217 ($39,900)

5.) 1836 Harlem Ave Baltimore MD 21217 ($34,900)

**Buyers agent- 3% commission PLUS $1,000 bonus to agent with full price offer.**

Close to:
-Major Hwys 95/83
-Carver High School
-Coppin State University
-Baltimore Zoo
-Supermarkets
-Mondawmin Mall
-15 minutes from downtown inner harbor/casino/shopping

LANDLORDS:
**EXCELLENT long term - high cash flowing investment!**
-rental rehab estimate : $8k-$10k
-rent potential : $900-$1200/month
Comps:

1.) 1612 Appleton St Baltimore MD 21217
3bd 1.5ba condition 7/10 $1,000/month

2.) 1629 N Monroe St Baltimore MD 21217
3bd 1.5ba condition 5/10 $950/month

3.) 1040 N Stockton St Baltimore MD 21217
3bd 1ba condition 8/10 $1,100/month

4.) 2539 Francis St Baltimore MD 21217
3bd 1ba condition 9/10 $1,250/month

5.) 1921 Division St Baltimore MD 21217
3bd 1ba condition 7/10 $1,200/month

FIX AND FLIP INVESTORS:
**OH MY! What GREAT potential this property has!**
-this home has great bones in a great area

-Keep it a 3bd 1ba - full remodel - $20k-$25k = ARV $90k - $100k
-Comps:

1.) 1216 N Bentalou St Baltimore MD 21216
3bd 1.5ba 1544sq ft
sold for $139k

2.) 833 N Bentalou St Baltimore MD 21216
3bd 1ba 1410 sq ft
sold for $101k

-Convert to a 4bd 2ba (basement) - full remodel - $30k-$35k = ARV $105k-$115k
Comps:

1.) 2003 Whittier Ave Baltimore MD 21217
4bd 1ba 1660sq ft
sold for $115k

2.) 2018 Whittier Ave Baltimore MD 21217
4bd 1.5ba 1568sq ft
sold for $113,900

3.) 2125 Braddish Ave Baltimore MD 21216
4bd 2ba
sold for $135k

HOMEOWNERS:
**Perfect home for a FHA 203k loan!**
Great neighborhood

THIS PROPERTY WONT LAST LONG! TAKE ACTION TODAY!

Call/text 443-608-1735

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