713 E 20TH ST, Baltimore, MD 21218 | MLS MDBA2087988 | Listing Information | Nestfully
Courtesy: Timothy Dominick - Coldwell Banker Realty; Phone: 4108232323
SOLD
$23,000
Sold Date 07/13/2023

713 E 20TH ST
Baltimore, MD 21218

5
Beds
1
bath
N/A
Acres Lot
Condo, Townhouse
41 days on Nestfully 18 views
Welcome to 713 E. 20th St., Baltimore, MD 21218! This property presents an amazing investment opportunity for savvy buyers looking to capitalize on its potential. Boasting a highly desirable location, this three-story building offers a range of possibilities for the discerning investor.The property has tremendous potential for a high after-repair value (ARV) due to the favorable comparables in the area. Surrounding properties have demonstrated a strong market performance, making this an enticing opportunity for those seeking a profitable investment venture.It is important to note that this property has experienced fire damage to the rear. While unfortunate, this unfortunate event opens up the potential for a complete rehabilitation and renovation, allowing buyers to customize the property to their exact specifications. The fire damage presents an opportunity to reimagine the space and create something truly remarkable.Prospective buyers and their agents should be aware that there may be safety concerns associated with the fire-damaged area. As such, it is essential that all individuals entering the property do so at their own risk. To ensure a safe and informed experience, buyers and agents will be required to sign a hold-harmless agreement before gaining access to the premises.Beyond the fire-damaged portion, the property offers a wealth of possibilities. With its three-story layout, there is ample space to design a variety of configurations, such as multi-unit apartments or a spacious single-family home. The choice is yours to make, limited only by your imagination and vision.Located in the vibrant city of Baltimore, this property benefits from a range of local amenities, including restaurants, shops, and entertainment venues. Its convenient location provides easy access to major transportation routes, making commuting a breeze.In summary, 713 E. 20th St., Baltimore, MD 21218 presents a rare investment opportunity with high ARV comps and tremendous potential. The property has sustained fire damage to the rear, requiring buyers and agents to enter at their own risk and sign a hold-harmless agreement. With three stories and a prime location, this property is ready for transformation into a lucrative investment. Don't miss out on the chance to turn this diamond in the rough into a shining gem of Baltimore's real estate market.
MDBA2087988
Condo, Townhouse
5
Traditional, 3+ Story
1 Full
1920
BALTIMORE CITY
Public
3
Brick
Public Sewer
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Courtesy: Timothy Dominick - Coldwell Banker Realty; Phone: 4108232323
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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Information is deemed reliable but is not guaranteed.