Investment Opportunity

302 North Grantley Street Baltimore, MD 21229

Updated Porch-Front In Desirable Allendale Community! Easy Rental Or Flip
$89,900
Pending
$89,900
Asking Price
$200,000
Est. ARV
$110,100
Gross Equity
$1650-1850
Rent Range

About This Deal

Great opportunity in a strong homeowner pocket! This lovely porch-front home has already received many of the major updates and only needs a light turnover after being recently vacated.

The property features an updated kitchen and bathroom, newer plumbing and electrical, central A/C, hardwood floors, and a nice rear yard.

The finished basement has approximately 7-ft ceilings and offers excellent additional living space with the potential to be converted into a 3rd bedroom, adding even more value.

This is a great setup for either a buy-and-hold rental or an easy flip without taking on a major renovation. With homes of a similar size in the area selling for $190K-$200k, there is plenty of upside for the right investor.

Highlights:

* Porch-front rowhome

* Desirable homeowner area

* Updated kitchen & bathroom

* Newer plumbing & electrical

* Central A/C

* Finished basement with approx. 7-ft ceilings

* Potential 3rd bedroom

* Nice rear yard

* Recently vacated

* Only needs a light turnover

* Strong rental or flip potential

* Similar-sized homes have sold for $190K+

View Comparable Sales / Comps

Property Details

Property TypeTownhome
Bedrooms / Bathrooms2 Bed / 1 Bath
Rent Range$1650-1850
Estimated ARV$200,000
Square Footage840
Year Built1952
Comps Linkhttps://matrix.brightmls.com/DE.asp?ID=DE-313206460495&eml=YmVuQHJldm9sdXRpb25hcnlob21lYnV5ZXJzLmNvbQ==

Investment Breakdown

Purchase Price
$89,900
Est. ARV
$200,000
Gross Equity
$110,100
Estimated ARV − Purchase Price (rehab not supplied)

Map & Address

302 North Grantley Street Baltimore, MD 21229

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