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Off-Market

The Alameda

Baltimore, MD 21218, USA

List price

$175,000

Single family house

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Story

APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL

Prime Off-Market SFH Quick Cosmetic Fix & Flip / Buy & Hold
End Buyers Only (Quick Close)
Address: The Alameda, Baltimore, MD 21218
Bed: 3 Bed
Bath: 2.5 Bath
Sqft: 1280 (~2500 Total)
Built: 1956
Stories: Tri-level; Split Foyer Stairs Layout
Garage: Attached Closed Garage
Occupancy: Owner Occupied, Delivered Vacant.
Closing Date: 10/21/2024
Marketing Channel: Off-Market
EMD: $7500 Non-Refundable (Refundable only if title isn’t delivered free & clear)
HOA: None
Access: Upon request with POF
Exit Strateg(ies)y: Quick Fix & Flip or Buy & Hold
Closing Company: Terrain Title & Escrow
Scope of Work:
- Trash out
- Full cosmetic rehab
- New roof
- Working Water, Plumbing, Electrical, Heating/Cooling
Market Rent: $1,975/mo (Rent Zestimate)
Value Adds:
- Attached Closed Garage, Driveway, & Street Parking
- Prime location
Comparative Market Analysis After Repair Value (ARV): $350,000
Purchase Price: $175,000 OBO
Est. Flip Rehab: ~$70,000
Comps (Sold <6/mo.):
ARV:
- 1309 Lakeside Ave; 3Bed/2bath; Sold $358,000 7/29/24
- 1202 Lakeside Ave; 3Bed/3Bath; Sold $335,000 6/24/2024
- 4009 Deepwood Rd; 3Bed/3Bath; Sold $395,000 7/19/2024
- 4203 Eastview Rd; 3Bed/2Bath; Sold $335,000 9/23/24
- 1318 Windemere Ave; 3Bed/2Bath; Sold $318,000 8/20/2024
- 915 Cator Ave; 3Bed/4Bath; Sold $350,000 3/29/2024
As-is:
- 3310 The Alameda; 3Bed/2Bath; (Smaller, Worse Condition): Sold $165,375 (8/5/2024)
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Property details

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Property type

Single family house

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Ā· Past sales, updates, and deal mechanics

Reason for sale

Testing the market

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