Great Historic Property on Protected Land

West Forest Park, Baltimore, MD 0

$380,000 After Repair Value -
$128,000 Asking Price -
$250,000 Cost of Repairs =
$2,000 Potential Profit

Property Details

Asking Price $128,000

After Repair Value $380,000

Costs of Repairs $250,000

Potential Profit $2,000

Living Area 3000 ft2

Property Type Single Family House

Bedrooms 5

Bathrooms 3

Half Bathrooms 0

Parking 1

Listed with Agent No

Property Description

I have a historic 1.1 acre home, 30% of land is protected.

Renovation tax credit of 25% on this house. So if renovation are 225k you only spend 200k.

The resale value is potentially 400k+ judging from comps of less land, rooms, and baths!

Rehab cost:180k to 220k
ARV: 380k to 430k
Land value: 90k

Comp are very unreliable because of land!

128k covers everything closing cost, purchase price, assignment fee and sellers closing!

Just copy and paste link below for more pictures & video!

- have 6 rented properties for sale from 55k to 205k

Land @ 125k at forest park and hillsdale

Have a great system in place to get more deals! Get with me!

Email me at CORY@ -

Repairs Needed

Complete Rehab or Destroy and rebuild


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