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REDUCED Long-Term Development Play

$ 170,000
4503 Frederick Avenue, ,
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480
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.
-
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.
$170,000
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.
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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.
$198,685
Comps
Comps are similar homes that have recently sold close to the subject property. Make sure to compare differences in size, condition, and features.
$154,974 - $228,488
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.
$1,350 / Month

Description

Fix & Hold * Long-Term Development Play

4503 Frederick Ave
Baltimore, MD 21229
3 – 4 beds 1.5 baths 1,664 sqft
Unfinished English Basement

Zestimate®: $206,389
Rent Zestimate®: $1,500 /mo
https://www.zillow.com/homedetails/4503-Frederick-Ave-Baltimore-MD-21229/36542648_zpid/

Lot Size 1.84 Acres
ZONED R-6
Zoning Map – https://www.screencast.com/t/dA9hy0HKfQK0
https://planning.baltimorecity.gov/sites/default/files/transform%20legend_red_0.pdf

New Construction Tax Credit – https://www.dropbox.com/s/7unh1olmb83wby1/Newly_Constructed_Dwelling_Summary%20Tax%20Credit.pdf?dl=0

Arial View – https://www.screencast.com/t/nN2uEscbneU
Fix & Hold Now. Develop land later.
HIGHEST & BEST USE – Build up to 25 Townhouses

Asking:
$195K with 35K of Seller Financing for 2 Years
$170K Cash Purchase

PICS / VIDEO – https://www.dropbox.com/sh/78cmnb4hqryibq9/AAAXe9M7kYH-xWYMItcO2paaa?dl=0

Address: 4503 Frederick Avenue
City:
Area:
State/County:
Zip: 21229
Country: United States
Open In Google Maps
Property Id : 29375
Price: $ 170,000
walkscore43 / Car-Dependent more details here

Active Life

Activate Body
(4.35 miles)Activate Body
Active Physical Therapy
(25.75 miles)Active Physical Therapy
WIPEOUTRUN Baltimore
(3.82 miles)WIPEOUTRUN Baltimore

Restaurants

Black Kettle
(2.38 miles)Black Kettle
G&M Restaurant
(4.08 miles)G&M Restaurant
El Agave
(2.25 miles)El Agave

Shopping

The Gallery
(4.29 miles)The Gallery
Collins Avenue Thrift
(0.46 miles)Collins Avenue Thrift
The Rotunda Shopping Center
(5.04 miles)The Rotunda Shopping Center

Transportation

Next Destination Transportation
(4.31 miles)Next Destination Transportation
Zulk Transportation
(6.64 miles)Zulk Transportation
C&C Lawn Care
(3.34 miles)C&C Lawn Care

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