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Take Advantage of My Mistake.

August 8th, 2011 · No Comments Yet

Please save this house!

Regular readers of this site know I am an active tax lien investor.  The property below is one I acquired via the tax lien foreclosure process.

Shame on me because it had a roof leak which I neglected.  One leak became two, then three, etc.  Now I am a motivated seller.  So motivated I have priced the property below at under $4,000 per unit!

Take advantage of my negligence and buy the property below.  It deserves an owner who will turn it into the cash cow it deserves to be.

2 Unit Fixer Upper- Dirt Cheap

    Only $7,800 for a two unit building. 

That’s like getting 2 units for the price of one.

Area rents for two bedroom units are conservatively $600-800. That’s up to $1,600 per month.  Rentometer says rents are even higher.  They show three, 2 bedroom properties at $850-1200, all within .15 miles

About the Property

3920 Norfolk Ave., Baltimore, MD 21216

Only $7800! – Call 301-332-5496

  • Needs significant renovation
  • Needs a new roof
  • Needs ceiling and drywall repairs

 

  • Under $4,000 per unit!
  • Separate meters
  • two water heaters
  • Two furnaces
  • 1st floor unit has finished basement access.
  • Top unit could be three bedroom
  • Option easily converted to 4 bedroom single unit.

To see the condition check out the video

 

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* * * Call Now * * *

Ned Carey

Crab Properties LLC

301-332-5496

 

Terms of Sale: “As Is”, no contingencies, Use our contract, $1000 deposit. Ground rent if any to be determined by buyer. A real estate agent or agents may have a financial interest in this property.

Disclaimer: Any suggested repairs, Repair estimates, suggested rents, cash flows, Market Value or after repair value are our opinions only. They are provided for you to be able to pre-screen this offer. Information above is believed accurate but is not guaranteed. Please do your own due diligence. Seller is a real estate licensee in the State of Maryland.

Trademarks and Copyrights: This site is copyright Crab Properties, LLC 2011. “Back of the envelope repair estimate” and the image of an envelope with text representing estimated repairs are both trademarks of Crab Properties, LLC.

Tags: real estate

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