Coleherne Rd, Baltimore, MD 21229, USA

🔥 Baltimore Value-Add Opportunity – Coleherne Rd (21229)

💰 Price: $142,000
📈 ARV: ~$225,000

3 Bedrooms | 1 Full Bath + 1 Powder Room | ~1,216 SqFt Above Grade
➕ ~300 SqFt Walkout Basement

This well-located 3BR rowhome offers a strong value-add opportunity in a stable, owner-occupied neighborhood with limited turnover. The home already has several key updates completed, making this a light-to-moderate rehab with clear upside.

🏡 What’s Already Done:

• Updated kitchen with granite countertops, stainless steel appliances, cabinets & backsplash

• Decent flooring throughout

• Light paint & optional recessed lighting

• Strong curb appeal + nice rear deck

🛠️ Value-Add Scope:

• Paint + fixture refresh

• Two bedrooms have textured walls (optional replacement)

• Bathroom: reglaze or full update depending on exit strategy

• Basement: prior water heater leak → flooring removed, minor wall discoloration

  • Needs paint + new flooring

  • Walkout basement with flexibility:

    • Keep powder room or convert to full bath

    • Open layout or wall off for bedroom/flex room

🚗 Parking & Street:

• Plenty of street parking

• Wide 4-lane street allows easy traffic flow even with parked cars

📊 Comps & Area Notes:

• 4624 Coleherne Rd (same street)

• Very few sales in this pocket — longstanding homeowners

• Surrounding comps from earlier this year support $230K–$250K

💡 Why This Deal Works:

• Updated kitchen already completed

• Flexible basement layout for added value

• Stable neighborhood with proven resale strength

• Ideal for flip, BRRRR, or hybrid hold

🔥 Solid bones, clear upside — submit your offer before this one’s gone.