APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET AN INSTANT LOAN QUOTE AND PRE APPROVAL
š„ Baltimore Value-Add Deal | Updated Systems | $100K+ Spread š„
Address: 2862 Pelham Ave, Baltimore, MD 21213
Price: $125,000
ARV: ~$223,000
Property Overview
Solid 3-bed, 1.5-bath brick rowhome offering 1,164 sq ft with a finished basement and multiple recent updates. This is a medium rehab opportunity with strong upside for investors targeting a flip or rental.
Key Features
-
3 Beds / 1.5 Baths
-
1,164 Sq Ft
-
Finished Basement (lower ceiling) + Half Bath + Walkout
-
Front Porch + Fenced Backyard
-
Built in 1927
Condition & Systems
-
Roof: <5 years old
-
Boiler: Replaced last year
-
Kitchen: Updated ~8 years ago
-
Bathroom: Updated ~5 years ago
-
Hardwood floors in good condition
-
Plumbing: Copper
-
Electrical: Original but functional
-
No central A/C
-
Rehab needed: Mostly cosmetic + minor updates
Investment Highlights
-
~$100K spread to ARV
-
Major systems already updated
-
Basement adds usable space and value
-
Ideal for fix & flip or buy-and-hold
-
Strong comps supporting resale
Comparable Sales
-
2739 Chesterfield Ave ā Sold $240K
-
2750 Pelham Ave ā Sold $225K
-
2709 Pelham Ave ā Sold $203K
Deal Potential
-
Flip into the ~$210Kā$240K range depending on finishes
-
Rental with strong cash flow potential
-
Light-to-moderate rehab with good upside
ā” Deals with updated systems and this kind of spread in Baltimore donāt last ā move quickly
ā ļø OfferMarket listings are third-party listings. For your safety, please use the "Talk to Seller" feature built into each listing. This allows our team to review communications and helps prevent scams on the platform.
Resources:
Ready to invest? OfferMarket is a real estate investing platform featuring off-market deals, private lending, investment property insurance. Get an instant loan quote and pre-approval for this listing. Start exploring deals now!
