Investment Opportunity

1918 Penrose Avenue Baltimore, MD 21223

Truly Turnkey Rental In West Baltimore, Can’t Beat The Price
$65,000
Pending
$65,000
Asking Price
$150k-175k
Est. ARV
-$64,850
Gross Equity
$1550-1850
Rent Range

About This Deal

Investor-friendly opportunity on a clean, quiet block. This property is truly turnkey and ready to rent today

🏠 3 bedrooms upstairs, all with windows

➕ Potential 4th bedroom on the main level — currently the dining room but already has a door

🔥 Furnace in place

🍳 Updated kitchen with stainless steel appliances

🛁 Updated bathroom with separate shower and bathtub

🧺 Washer & dryer included

⬇️ Clean, dry basement

🔒 Fully fenced, private backyard

Perfect buy-and-hold opportunity for an investor looking to skip the rehab and get a property into their rental portfolio immediately. Just place your tenant, and start collecting rent!

Property Details

Property TypeTownhome
Bedrooms / Bathrooms3 Bed / 2 Bath
Rent Range$1550-1850
Estimated ARV$150k-175k
Square FootageYear Built
Year Built1920

Investment Breakdown

Purchase Price
$65,000
Est. ARV
$150k-175k
Gross Equity
-$64,850
Estimated ARV − Purchase Price (rehab not supplied)

Map & Address

1918 Penrose Avenue Baltimore, MD 21223

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