Investment Opportunity

524 South Milton Avenue Baltimore, MD 21224

Rare Rehab Opportunity in the Heart of Canton!
$125,000
NEW!
$125,000
Asking Price
$400k-$550k+ With Buildout
Est. ARV
$125,000
Estimated Equity
$3000-$4000
Rent Range

About This Deal

 

This is an incredible opportunity in one of Baltimore’s most desirable neighborhoods. Located in the heart of Canton, just down the street from Bmore Licks and surrounded by some of the neighborhood’s best dining, shopping, and entertainment, this property sits in a highly sought-after location with extremely limited available inventory.

The property needs a full renovation, but that’s exactly what makes it exciting. This is a true blank canvas with tremendous potential for an investor, developer, or experienced renovator looking to create something special.

Renovate the existing footprint or explore the potential to build up, add a second story, and expand the property to maximize its value. Depending on the scope, design, square footage, and finishes, renovated and expanded properties in the area can support values in the mid-$500,000s and potentially higher. Buyer to independently verify zoning, expansion possibilities, permits, and comparable values.

Important: This property is being sold through receivership. Buyers must provide proof of funds along with a realistic contractor renovation budget demonstrating the financial ability to complete the project.

Opportunities like this are increasingly difficult to find in Canton. Bring your contractor, bring your vision, and move quickly—this one won’t last long.

View Comparable Sales / Comps

Property Details

Property TypeRowhome
Bedrooms / BathroomsNA Bed / NA Bath
Rent Range$3000-$4000
Estimated ARV$400k-$550k+ With Buildout
Estimated Rehab$150k-$200k
Square Footage832
Year Built1915
BasementUnfinished
Heating / CoolingNA
AccessLockbox
OccupancyVacant

Investment Breakdown

Purchase Price
$125,000
Estimated Rehab
$150k-$200k
Est. ARV
$400k-$550k+ With Buildout
Estimated Equity
$125,000
Estimated ARV − Estimated Rehab − Purchase Price

Map & Address

524 South Milton Avenue Baltimore, MD 21224

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