Investment Opportunity

1545 Abbotston Street Baltimore, MD 21218

Cheap Coldstream-Montebello Investment Opportunity-Huge Redevelopment Zone
$55,000
New
$55,000
Asking Price
$225k-275k
Est. ARV
-$54,775
Gross Equity
$1850-2250
Rent Range

About This Deal

Priced to sell in rapidly improving Coldstream-Montebello

This 3-bedroom Baltimore rowhome is in older, lived-in condition but has strong bones, a great footprint, and plenty of upside. The property features an expansive open layout, a basement with well over 7 feet of ceiling height, a large covered front porch, and a clean, spacious backyard.

The real opportunity here is the location and momentum of the neighborhood. Coldstream-Montebello is seeing significant investment, grant funding, and redevelopment activity, with renovated homes in the surrounding area pushing into the mid-$200Ks. Inventory investors can actually make numbers work on is getting harder to find.

Highlights:

* 3 Bedrooms

* Forced air heat

* High-Ceiling Basement – 7+ Feet

* Large, Open Floor Plan

* Strong Bones / Solid Rehab Candidate

* Large Front Porch

* Clean Backyard

* Strong Renovation & Appreciation Potential

* Priced for an Investor Exit

View Comparable Sales / Comps

Property Details

Property TypeTownhome
Bedrooms / Bathrooms3 Bed / 1 Bath
Rent Range$1850-2250
Estimated ARV$225k-275k
Square FootageYear Built
Year Built1920
Comps Linkhttps://matrix.brightmls.com/DE.asp?ID=DE-320748379889&eml=YmVuQHJldm9sdXRpb25hcnlob21lYnV5ZXJzLmNvbQ==

Investment Breakdown

Purchase Price
$55,000
Est. ARV
$225k-275k
Gross Equity
-$54,775
Estimated ARV − Purchase Price (rehab not supplied)

Map & Address

1545 Abbotston Street Baltimore, MD 21218

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