Available
$95,000(ARV: $280,000)34% of ARV

Baltimore, MD 21216

4 bd1 ba1,700 sfBuilt 1925

2 days ago

Gross spread$185,000

Description

FOREST PARK BALTIMORE 21216 BRICK ROW | 4 BDS + BASEMENT VALUE-ADD | SAME-STREET SALES TO 292K (NOT IN MLS) Sold Sight Unseen-No Access until we have a ratified contract with the buyer Overview Solid interior brick rowhome featuring 4 bedrooms, 1.5 bathrooms, approximately 1540 square feet above grade and 930 square feet below grade. Traditional layout with covered front porch, living room, dining room and kitchen with rear exit to the backyard. All 4 bedrooms and the full bathroom are located on the upper level. Full unfinished basement offers strong value add potential, including additional finished living space and possible rear parking. Existing half bathroom in the basement has a toilet already installed, providing an opportunity to expand the bathroom during renovation. Property Features and Condition Interior brick rowhome with covered front porch entrance. Approximately 1540 square feet above grade. Approximately 930 square feet of unfinished basement space. Roof approximately 12 years old. Upper level windows recently replaced. Rear alley access with potential for a parking pad. Basement has good ceiling height and an existing half bathroom. Renovation Strategy Complete an estimated 105000 renovation focused on updating the main living areas and finishing the basement. Finish the approximately 930 square foot basement to increase usable living space. Expand the existing lower level half bathroom to potentially create an additional full bathroom. Potential finished living area of approximately 2470 square feet, subject to verification of measurements, permits and applicable requirements. Evaluate rear alley access for a potential parking pad. Target a renovated property with approximately 4 bedrooms and 2.5 bathrooms, subject to the final approved layout. Comparable Sales and ARV Support 3804 Woodhaven Ave sold for 280000 with 4 bedrooms, 2.5 bathrooms and 2376 finished square feet. 3818 Woodhaven Ave sold for 292000 in September 2026. 3916 Woodhaven Ave sold for 275000 in October 2026. Three recent same street sales provide strong resale support in the 275000 to 292000 range. Conservative target after repair value is 280000. Investment Numbers Purchase Price: 95000 Estimated Renovation: 105000 Total Purchase and Renovation Basis: 200000 Target ARV: 280000 Potential Gross Spread: 80000 Gross spread is before closing costs, financing, holding costs, selling expenses and other transaction costs. Location and Resale Appeal Located in an established Northwest Baltimore residential neighborhood. Convenient access to the Liberty Heights corridor, Coppin State University, Mondawmin area shopping and nearby parks and recreation. Recent renovated sales on Woodhaven Avenue demonstrate established buyer demand for updated homes. Baltimore City homebuyer assistance programs may help broaden the potential owner occupant buyer pool for a renovated property. Seller and Settlement Details Seller is downsizing and currently searching for a 2 bedroom rental. Seller may offer some flexibility with settlement timing. Seller is targeting a move between year end and mid January. Closing Date: Thursday, December 31, 2026. Offer Requirements and Access Final and best offer deadline is Tuesday, November 3, 2026 at 9 AM. Submit offers through the designated website. Proof of funds and LLC documents must be uploaded for offer consideration. Property access is not available until a contract with a buyer has been ratified. A walkthrough will then be coordinated. Craig can assist with questions about available property pictures or video. Buyers must perform their own due diligence and independently verify property condition, renovation costs, finished square footage, permits and ARV. Buyers are responsible for property cleanout and all closing costs. Transaction Terms and Restrictions Seller of equitable interest only. Property is not owned by the assignor. Transaction involves the sale of an equitable interest under contract. Property is currently under contract with [representative]. Any transaction will be completed through an assignment of its contract. Do not visit the premises, trespass or contact the seller without express written consent from [representative]. Do not remarket the property without MarketPro consent. Unauthorized seller contact may result in legal action. [representative] does not collaborate with other wholesalers.

Verified — contract control only

The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.

$/sqft vs market

This deal$56/sqft
Market median$151/sqft
Difference−63% below

Median of 9 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms4
Bathrooms1
Square feet1,700
Lot size2,352 sf
Year built1925
ConditionMajor Repair
OccupancyVacant
ParkingStreet

Systems & condition

Roof age11-20 yrs
HeatingOther
Air conditioningCentral AC
FoundationOther
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Property information

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