Investor special in the East Monument Historic District! This end-of-group brick rowhome is located just blocks from Patterson Park and minutes from Johns Hopkins Hospital, making it an excellent opportunity for a flip, rental, or portfolio addition. The property features classic Baltimore architecture, a spacious main level with living and… Read More dining areas, upper-level bedrooms, and a full-height basement that was previously finished, offering potential for added living space or storage. While the home needs a full renovation, it provides a solid foundation and desirable footprint for creative investors. With revitalization efforts ongoing throughout East Baltimore, the location benefits from strong rental demand, proximity to schools, parks, and transit, and the protection of a historic district designation. Priced at $80,000 and sold strictly as-is to cash or hard money buyers, this property offers significant upside for the right investor ready to bring it back to life. As a bonus, properties in this district may qualify for valuable incentives, including the Baltimore City CHAP 10-year historic property tax credit (transferable to future owners), the Maryland State Historic Revitalization Tax Credit (20% of qualified rehab costs), and the Federal Historic Rehabilitation Tax Credit (20% of eligible expenditures), all of which can greatly enhance both investor returns and long-term homeowner savings. Read Less
Courtesy of Samuel Odagbodo, Bennett Realty Solutions [email protected]
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