bemorerealestates

PATTERSON PARK

2 UNITS
BOTTOM FLOOR IS A CLEAN STOREFRONT ALREADY COLLECTING A RENT OF $1,600 A MONTH, LONG TERM TENANTS. HAS 0.5BATH
TOP FLOOR NEEDS REHAB, ROUGHLY 35K/40K IN REPAIRS IN ORDER TO MAKE IT A LUXURY STUDIO, LUXURY 2BED 1BATH, LUXURY OFFICE SPACE. WILL POTENTIALLY COLLECT $1,300 TO $1,600 IN RENT.
VERY NICE NEIGHBORHOOD (PATTERSON PARK). 6 MINUTES AWAY FROM JOHN HOPKINS HOSPITAL WHICH MAKES THE UNIT A PERFECT FIT FOR NURSES OR STUDENTS & INTERNS.
HOUSE SQFT: 1,540
RESIDENTIAL AFTER REPAIR VALUE: $380K
RESIDENTIAL PROPERTY 
•101 N STREEPER ST BALT MD SAME SQFT: 1,596 END UNIT SOLD 03/22/21 $380,000
ASKING: 209K OBO
GOOD OPPORTUNITY FOR INVESTORS: $380K (ARV) - $209K (PURCHASE PRICE) - $75K (UPDATES/REPAIRS) = $96,000 (POTENTIAL PROFIT).

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Quick & Effective Callout yesterday. All praise is due to Allah.