6 property portfolio in Opportunity Zone in Westport neighborhood of Southwest Baltimore. Perfect for Opportunity Zone investment or 1031 exchange. Estimated rental income $4500 - 5000. Estimated total renovation budget of 50k.
1. 2248 Sidney Avenue, Baltimore, MD 21230
2. 2249 Sidney Avenue Baltimore, MD 21230
3. 2356 Sidney Avenue Baltimore, MD 21230
4. 2302 Cedley Street Baltimore, MD 21230
5. 2220 Cedley Street Baltimore, MD 21230
6. 2239 Sidney Baltimore, MD 21230
If the properties only need a combined reno budget of $50k will that qualify for an opportunity zone investment? I thought EOZ projects needed to be substantially rehabilitated in order to qualify.
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