E. North Avenue, Baltimore, MD 21202 - $70,000 Asking

E. North Avenue, Baltimore, MD 21202 - $70,000 Asking

SELLER OF EQUITABLE INTEREST ONLY. PROPERTY NOT OWNED BY ASSIGNOR. THIS IS A CONTRACT FOR SALE OF EQUITABLE INTEREST.

Property Overview – XXXX E. North Avenue, Baltimore, MD 21202

100% Hard Money Financing (100% on purchase and 100% on Rehab) is available to qualified buyers via Monument City Group.

Asking: $70,000

ARV: $280,000-$300,000

Rehab Estimate*: $130,000

*This is a rough estimate. Actual cost will VARY, depending on materials used, your labor costs and experience with full rehab projects.

We are pleased to present a value-add investment opportunity at XXXX E. North Avenue, Baltimore, MD 21202. This interior rowhouse spans three levels and offers attractive unit configuration and upside potential — ideal for a rehab-to-rent or resale strategy.

Key Property Details

Type: Townhouse / Interior Rowhouse
Address: XXXX E North Avenue, Baltimore, MD 21202
Layout: 3 full floors above grade, currently configured with 4 bedrooms and 2 full bathrooms.
Additional Rooms: Includes a home office that could easily be converted into a 5th bedroom. There is also a full bathroom in the basement — with a finished basement, you could potentially add a 6th living space. (See attached estimate for scope of work.)
Structure & Size: Built in 1920. The townhouse sits on a 1,290 sq ft lot.

Investment Highlights

Flexible Layout — Room for Expansion: The existing 4-bedroom, 2-bath layout is solid, but the home office + basement bath offer conversion flexibility. With finishing, the property could yield a 5- or 6-bedroom home — significantly increasing rental income potential or resale value.
Strong Market Context: Comparable listings in the 21202 market indicate estimated monthly rents around $2,700 (per Redfin) for similar properties.
Appealing for Rehab / Value-Add Strategy: Given the fire damage (see notes below) and the likely need for renovation, this property offers classic value-add upside for investors experienced with rehab and property repositioning.

Condition / Renovation Notes

Please be advised: the home sustained fire damage recently. A detailed work estimate is attached for your review.
Given the damage, the property will require a full rehab, including interior restoration and finishing work (especially if you plan to finish the basement and add living space).

Opportunity Summary

XXXX E North Avenue presents a compelling opportunity for investors seeking a lower-cost, high-potential Baltimore townhouse. With a strong base configuration and convertible space, this property is ideal for a value-add rehab, a rental repositioning, or a resale after renovation. The inclusion of an office and basement bath gives optionality for additional bedrooms — a significant value driver once rehab is complete.

Please review the photos, video walkthroughs (available on the shared GD drive, see link below), and the full work estimate I’d be happy to provide any additional details or support your due diligence.

Do NOT try to approach the seller in any way before, during, or after showing. Such contact will be viewed as intentional interference with a contract and may result in legal action being brought against you.

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