HOT Restricted Address BALTIMORE, MD 21216

Features

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Facts

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Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Investor Opportunity! This home offers multiple options as a large group home, a two family home or restore it to a single family home where sales comps are in the $425,000-$450,000 range. This home enjoys a nice nighborhood feel and offers a large front porch that opens into the living room with decorative fireplace and a second living room or den. There is a large dining room, kitchen with porch access, and two bedrooms that share a full bathroom on the main level. A separate side entrance has stairs to the second unit that offers two more bedrooms plus a living room, eat-in kitchen and a full bathroom. There is a balcony off the kitchen. Stairs lead to the third floor that has 1-2 additional rooms. Hardwood is under all current floor coverings. Gas fired boiler with gas HWH and a 150 amp updated electric panel and wiring. Basement has a sump pump- some walls are damp but there is no standing water. There is a full bathroom in the basement which has had additional rooms in the past. There is evidence of past roof leaks but the roof was repaired four years ago and there have been no leaks since then. There is a two car garage in fair condition and a paved driveway adjacent to the rear yard. This is an estate sale and the home is being sold in as-is condition.

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