Baltimore, MD 21215
3 bd1 ba1,100 sfBuilt 1920
Gross spread$180,000
Description
CALL / TEXT LIZ @ [contact details hidden] FOR MORE INFO! Bed / Bath Count: 3 Bed / 1 Bath Property Type: Interior Brick Townhome – Greenspring (Baltimore City) Sq Ft: Approximately 1,100 Sq Ft Above Grade + Unfinished Walkout Basement (Estimated) Year Built: 1920 Mechanicals / Highlights: Well-positioned brick rowhome in Baltimore City's Greenspring neighborhood featuring mini-split A/C systems already installed, reducing a major renovation expense. Property offers an unfinished walkout basement providing additional storage and value-add potential. Already updated in key areas, it is ready for a cosmetic renovation or immediate rental placement. The home backs to a quiet open lot, offering additional privacy and improved tenant/end-buyer appeal. Excellent opportunity for investors seeking a light-value-add flip, BRRRR, or turnkey rental with minimal mechanical work required. ARV: $225,000+ Rental Potential: Estimated $1,650–$2,650+/month Rental Comps: • 2612 Loyola Northway – Rented for $2,650/month (2/19/26) • 2536 Loyola Northway – Rented for $1,650/month (12/1/25 – no central A/C or mini-splits) Comps: • 2452 Shirley Ave, Baltimore, MD 21215 – Sold $225,000 (10/31/25) • 2503 Loyola Southway – Sold $253,500 (5/20/26) • 2616 Oswego Ave – Sold $245,000 (11/5/25) Investment Notes: Value-add opportunities with major mechanical improvements already completed are becoming increasingly difficult to find at this price point. Renovated comparable sales have reached $225K–$250K+, while nearby rentals demonstrate strong cash-flow potential. The existing mini-split systems, unfinished walkout basement, quiet location backing to open space, and cosmetic rehab scope make this an ideal opportunity for investors seeking a quick flip or an income-producing rental with multiple exit strategies. Mini-Split A/C Already Installed Approx. 1,100 Sq Ft Above Grade Unfinished Walkout Basement Vacant & Ready for Immediate Closing Cosmetic Renovation Opportunity Backs to Quiet Open Lot Strong Rental Comps up to $2,650/Month ARV $225K+ Excellent Flip, BRRRR, or Buy-and-Hold Opportunity Vacant and ready for a quick close. Strong Baltimore City investment with substantial upside and multiple exit strategies.
$/sqft vs market
Median of 10 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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