$$$ Turnkey Rental or Rehab Opportunity

Posting ID : A1068508593
Date Posted : 2015-08-19
Category : Real Estate By Owner

Investor's Choice
Turnkey Rental or Rehab in 21206

4000 Block Granite Ave.
Baltimore, MD 21206
Asking $49,500 (or best offer)
NOTE: House is owner-occupied
No showings without an appointment and proof of funds

Rowhouse in Glenham-Belford
Looking for a great cash flow generator in a decent area?
Or need a quick rehab project?

This property can be a profitable addition to any rental portfolio or you can buy it, fix it and profit with a nice payday in a few months.
Details for this property
3 bed/1 bath in excellent shape
Long-time homeowners are downsizing
All systems in good working condition.
Radiator/oil heat with tank inside the house
Easy access to Belair Rd., White Marsh and Baltimore Beltway

Will need only optional AC window units to rent "as-is"
Rents are 1000-1300

Work needed for retail sale:
HVAC, kitchen, bath, finish basement and cosmetics
Comps are $130K-140K

Link for comps

Link for pictures

Asking $49,500 (or best offer)
Best value in the area!

This a "wholesale" or assignment deal
(i.e. We are selling the ratified purchase contract giving you the right and obligation to purchase this property)
Always do your own comps and rehab estimates.
Properties are sold "as-is."
Must have cash/hard money/private money to close (i.e. no banks or conventional loans)
Deposit plus proof of funds needed to take properties off the market.
Balance of assignment fee must be placed in escrow within 2 business days of proof of clear title.
Entire purchase price must be wired to title company escrow 24 hours in advance of closing.
Buyers to pay all closing, transfer and recordation costs.
Use our title company--NO EXCEPTIONS!

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