Investment Opportunity

925 Academy Avenue Owings Mills, MD 21117

🔥$215K! Owings Mills Detached Deal, $375K+ARV, Rental Shape-Delivered Vacant
$215000
NEW
$215000
Asking Price
$375000+
Est. ARV
$50,000
Estimated Equity
$3000-$4000
Rent Range

About This Deal

Investor opportunity in Owings Mills! This 4-bedroom, 2-bath property is currently under contract for $201,000 and offers an interesting setup with potential for multiple living spaces.

The upstairs is already configured as a separate apartment with its own private entrance and has been recently renovated and is in great condition. It also features its own kitchen, which is not pictured in the listing photos.

The property may have the potential to be converted or utilised as two separate units, subject to buyer verification of zoning, licensing, permitting, and utility requirements. Please note that the property currently has only one BGE meter.

The property is currently tenant occupied but will be delivered vacant at closing. The majority of personal belongings shown in the property will also be removed prior to delivery.

View Comparable Sales / Comps

Property Details

Property TypeDetached
Bedrooms / Bathrooms4 Bed / 2 Bath
Rent Range$3000-$4000
Estimated ARV$375000+
Estimated Rehab$60000
Square Footage1216
Lot Size7500
Year Built1925
BasementPartially Finished
Heating / CoolingRadiator
AccessAppointment
OccupancyDelivered Vacant
Title CompanyCharter Title
Earnest Money Deposit$5,000

Investment Breakdown

Purchase Price
$215000
Estimated Rehab
$60000
Est. ARV
$375000+
Estimated Equity
$50,000

Map & Address

925 Academy Avenue Owings Mills, MD 21117

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