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Baltimore- Belair-Edison fixer upper- Fix and Flip or Buy and Hold

$ 55,000 160000
2915 Edison Highway, Baltimore, MD, USA
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51
ARV
Seller's estimated After Repaired Value (ARV). Your ARV will depend on your plans for the property. Always do your own due diligence. Then make an offer.
$160,000
Price
Seller's asking price. Your negotiation starts here. Make an offer. You may get a counter-offer to start negotiations. Make enough offers and you'll get some accepted.
$55,000
Repairs
Seller's repair estimate. Your repair budget will depend on your experience and on your plans for the property. Always best to visit the property to finalize your numbers. Then make an offer.
$50,000
Zestimate©
A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value.
$136,349
Comps
Comps are similar homes that have recently sold close to the subject property. Make sure to compare differences in size, condition, and features.
$92,717 - $148,620
Rent Zestimate©
A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.
$1,250 / Month

Subject Property and Comparables

             
# Address Beds/Baths Sq. ft. Last Sale Date Last Sale Price
1
3517 Juneway
4 / 2.0 1500 11/27/2019 $152,500
2
3503 Juneway
3 / 2.0 1200 02/07/2020 $149,900
3
3618 Elmley Ave
3 / 2.0 1200 02/06/2020 $141,000
4
3628 Elmley Ave
3 / 2.0 1500 05/15/2019 $110,000
5
3064 Mayfield Ave
3 / 2.0 1100 12/03/2019 $79,150
6
3237 Elmora Ave
3 / 2.0 896 01/10/2020 $75,000
7
3515 Juneway
4 / 2.0 1800 10/21/2019 $72,000

Description

3/1 brick inside fixer upper  with 1280 ft2. Needs total rehab but is in a hot area where values are rising and across from Catholic High School. Porch front with 3 bedrooms and 1 bath upstairs. Some work done to do an open concept 1st floor. Basement has 8 foot ceilings, so easy to put a 4th bedroom to get rent to $1600/mo+ Section 8, or fix and flip for 160 ARV. Needs about 50k worth of work. Has a slate roof, and house next door at 2917 is under contract for 155k to settle soon.

Address: 2915 Edison Highway, Baltimore, MD, USA
City:
State/County:
Zip: 21213
Country: United States
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Property Id : 31238
Price: $ 55,000 160000
Property Size: 1 280,00 ft2
Rooms: 6
Bedrooms: 3
Bathrooms: 1
Repairs Estimate?: 50000
After Repaired Value: 160000
If Rented, Monthly Rent?: 1600
NOI (Net Operating Income): 700
walkscore76 / Very Walkable more details here

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Transportation

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(0.54 miles)Baltimore Auto Transport
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