Townhouse in Balitmore, MD - Fells Point 21231
Property: 2029 Eastern Ave. Baltimore, MD 21231
Type: Rowhome (end of group)
Sale Price: $140,000
Estimated Repairs: 40k
After Repair Value: $250,000 - $260,000
Area Rentals: $1,300 - $1,800
Bedrooms / Baths: 2 / 1.5
Square Ft: 1,540
Pictures: https://www.dropbox.com/sh/jw1rjhejdnm7nzb/AACrzUWrNp-5lDnDdlYeuKqma?dl=0
Notes about property:
Wood floors
Exposed brick
Located a short walking distance from the water
Close to Boston St w/ easy access to Canton and the Harbor
Repairs (w/ possible estimates)
- Flooring (refinish hardwood & misc)– 5k
- New Kitchen – 15k
- 2 New bathrooms – 12k
- Windows – 2k
- Misc – 5k
Total estimated repairs = 39k + 10% contingency = $42.9k
Comps :
2234 CAMBRIDGE St – $234,000
https://www.redfin.com/MD/Baltimore/2234-Cambridge-St-21231/home/9861847
2533 FLEET St – 263,000
https://www.redfin.com/MD/Baltimore/2533-Fleet-St-21224/home/28671563
2607 FOSTER Ave - $267,500
https://www.redfin.com/MD/Baltimore/2607-Foster-Ave-21224/home/9868501
523 CHESTER St - 210,000
https://www.redfin.com/MD/Baltimore/523-S-Chester-St-21231/home/9860699