Must See - Great Single Family

4509 Woodlea Ave, Baltimore, MD 21206

$165,000 After Repair Value -
$80,000 Asking Price -
$15,000 Cost of Repairs =
$70,000 Potential Profit

Property Details

Asking Price $80,000

After Repair Value $165,000

Costs of Repairs $15,000

Potential Profit $70,000

Living Area 1900 ft2

Property Type Single Family House

Bedrooms 5

Bathrooms 2

Half Bathrooms N/A

Parking 0

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $1

Yearly Expenses N/A

Property Taxes $3,100

Net Operating Income N/A

Cap Rate N/A

Property Description

Google Album - http://bit.ly/2ngNq3C3 level cape cod in very good condition. Main level has living room, dining room, kitchen, enclosed sunroom off kitchen, 2 bedrooms and full bath. Upper level is 2 bedrooms and a 3rd room that could be converted into a small bathroom or kept as a large closet. Lower level is has potential for a rental unit with living area, kitchenette, full bathroom and bedroom. ARV is $160,000.$172,000 - https://www.redfin.com/MD/Baltimore/5305-Nuth-Ave-21206/home/11092179$183,000 - https://www.redfin.com/MD/Baltimore/4523-Mannasota-Ave-21206/home/11116223$165,000 - https://www.redfin.com/MD/Baltimore/4607-Luerssen-Ave-21206/home/11121723$150,000 - https://www.redfin.com/MD/Baltimore/4229-Stanwood-Ave-21206/home/11887372

Repairs Needed

- Paint throughout\r\n- Some carpet in upper level\r\n- Refinish Kitchen Cabinets\r\n- Replace Kitchen appliances\r\n- Repair ceiling in sunroon\r\n- Replace Roof\r\n- Repair tub drain in lower level.

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