1f525; 4807 Cordelia Ave - Fully Renovated, Affordable, and Positioned for Growth Baltimore, MD 21215 Seller Is Motivated + Offering Closing Assistance Step into a freshly renovated home that gives you modern comfort, financial breathing room, and a smart long-term investment - all in one package. 2728; Renovations & Upgrades… Read More New kitchen Updated bathrooms Electrical + plumbing upgrades Natural hardwood floors Fresh paint & fixtures Finished basement (potential 3rd bedroom or rentable space) Two off-street parking spaces 1f4cd; Location Wins Nearby conveniences include Mondawmin Mall (approx. 1.2 miles, 5-7 min), Mondawmin Metro Station (approx. 1.3 miles, 5-8 min), Sinai Hospital (approx. 1.9 miles, 7-10 min), and Coppin State University (approx. 4.3 miles, 12-15 min). Close to local parks and the Pimlico Race Course redevelopment area, with BWI Airport roughly 30-35 minutes away. Everything you need is within quick reach. Buying here now is positioning yourself before the growth wave hits. 1f4b0; Affordability Snapshot (Rough Estimate) (These are ballpark numbers buyers can actually picture) If priced around $200,000 (example): With a 6% interest rate 3% down payment Approx. mortgage: $1,350-$1,500/month That's often less than rent for a two-bedroom in Baltimore. With seller closing help: Your out-of-pocket to move in can drop dramatically, making this one of the easiest homes to secure financially. 1f4c8; Investor ROI Snapshot (Rough Estimate) Based on average rental rates in this area: 2-bed renovated homes: $1,600-$1,850/month 3-bed or basement-suite setups: $1,850-$2,200/month With a mortgage around $1,350-$1,500, your potential cash flow after expenses sits in the positive range, depending on your setup. And with Pimlico's redevelopment, the appreciation upside is very real. This property fits: First-time buyers House hackers Investors Anyone wanting move-in-ready living with future value built in 1f680; Why This Home Makes Sense in Today's Economy With rates easing and inventory increasing, buyers finally have leverage - especially when a seller is offering help. A fully renovated home + closing assistance + a growing neighborhood = smart purchase + low stress + strong future upside. Read Less
Courtesy of Anthony Lane, Berkshire Hathaway HomeServices PenFed Realty [email protected]
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