Multifamily Rehab Opportunity in 21216 – Already Gutted Assigned

  • $30000
  • 6 beds
  • 2 baths
  • 2500 sqft
Assigned

Previous Layout Included: 2-UNITS
Separate Entrances
3 bed/1 bath each
May have potential for use as a boarding house

In this zip code, rents range from $800-$1250 for 3 bed/1 bath units.
With an average around $1050 a month.
Individual rooms typically rent for $400-$500. For a potential of $3000 a month or more in rent – if renting by room/depending on the layout.

Original structure built in 1920.
Approximately 2500 sq ft

Has been brought down to original studs.
After minor clean-up and framing,
it will be ready for all mechanicals and finishing touches.

**Will need all trades**
Requires approximately 100K in repairs to bring to “rent ready” condition for the Rosemont area.

Does have a newer roof, windows, and siding. Some windows and siding will need to be replaced. Porch and balcony area are also in need of repairs.

Price:
$30000
Address:
1730 N Ellamont St
Baltimore, MD 21216
Square Feet:
2500
Bedrooms:
6
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1920
Basement:
unfinished

Additional Features

Call/Text 410-500-9133 or email (marylandestates@gmail.com) with questions, to obtain showing instructions, or to submit offers. All information is provided as a courtesy; buyers are responsible for their own due diligence regarding the condition and property information included in this email. *We are selling an assignable contract that allows you to purchase this property; we are not selling the property. Buyer pays ALL closing costs. POF and $1500 Non-Refundable deposit with title company required before contract will be assigned.*

Call (410) 500-9133 for more details

Property Location