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Off-Market

7611 Gum Rd

Dundalk, MD 21222, USA

List price

$110,000

2

beds

2

baths

780

sq ft

1950-01-01

built

Single Family

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Story

COMING SOON

Overview: Location, location, location. This suburban single family fixer upper in Dundalk on Gum Rd and North Point Rd is just one block from Walmart and minutes to I-695. This house needs significant renovation and is best suited for a fix and flip investor, rental investor, or a primary residence buyer with a FHA 203k renovation loan.

Estimated rehab: 

  • $50,000 (low)
  • $75,000 (conservative)
  • $90,000 (high)

Comps:

  • 1307 N Point Rd, Dundalk, MD 21222 
  • 7605 Poplar Rd, Baltimore, MD 21222
  • 16 Lombardy Dr, Baltimore, MD 21222

Property details

19 details the seller has shared

19 details

Property

· The bones — what the buyer sees first

Bedrooms

2

Full baths

2

Finished sq ft

1,030 sq ft

Above-grade sq ft

780 sq ft

Below-grade finished sq ft

250 sq ft

Year built

1950

Stories

2

Units

1

Property type

Single Family

Condition (1–5)

2

Neighborhood

Dundalk

County

Baltimore County

Financials

· What it earns and what it costs to hold

ARV (after repair)

$215,000

Tax-assessed value

$144,933

Property tax rate

1.1%

Cap rate

10%

Cash-on-cash return

25%

Monthly cash flow

$550 /mo

Features

· Comfort, climate, and curb appeal

Basement

Partially Finished

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