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Jamal L.
Pro Member
  • Investor
  • Baltimore, MD
155
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395
Posts

Minutes away From Ravens Stadium Hot Air BnB locale

Jamal L.
Pro Member
  • Investor
  • Baltimore, MD
Posted Dec 16 2017, 17:28
These things only come once a year Just Reduced minutes from Downtown Main Attractions 

1105 W. Hamburg st Baltimore Md 21230
  • 2br 1bth 1008 sqft
  • 7’ basement w/ Solid Structure
  • Super Hot Market for rehabs and rentals/ Air B-n-B
  • Heart of downtown 5 mins away Ravens stadium
  • Air Bnb Income potential
    https://www.eliotandme.com/1105_W_Hamburg_St_Baltimore_MD/_2743/estimate

    Beautiful well kept property in the heart of Downtown with a solid ARV of $188kARV $188k (Comps supported)

    New sale price $63k o.b.o

    closing cost $2.5k

    rehab cost $55k (Estimate)

    =$126,500 Acquisition and Rehab

    Projected net profit $67.5k everything considered

    Properties on the same street with identical square footage

    1158 W. Hamburg St. sold for $204k on 4/6/17
    1107 Nanticoke St. sold for $199k on 09/29/17
    1102 W. Hamburg St. sold for $185k on 10/5/17
    1129 W. Hamburg St. sold for $175k on 08/12/16

    There has been a minimum of 10 Rehabbed Properties on this block since 2012 and counting.


    Fair Market Value for Section 8 In Baltimore City
    • Property Management Available
    • Guaranteed Rent Program
    • http://livinglegacypm.com
    • For Project Management and Tenant placement needs
    • $2,500 EMD to take off market
      Buyer pays all closing cost
      POF required before viewing

      Call to schedule showing Jamal 410-656-8000
    View Pictures 
    Offering

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