2837 Patapsco Road

Finksburg MD 21048

3026 sq. ft.

1306.8 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Great project for an experienced fix and flipper! This house is currently set up as a 2 unit duplex 2837/2839 with separate electric meters. Recently has been gutted down to the studs to start the process of converting to a Single Family House. This house is huge. Basement ceiling height is 6 feet 10 inches high. This property needs a full rehab. With the house being down to the studs, everything is exposed so No surprises. The current owner had a brand new septic system installed earlier in the year and final inspection approved by the Carroll County Health Dept. The owner will have the backyard graded with new seed/straw due to it being dug up to install the new septic, this will be done prior to closing. Also, the existing well had a recent water test which passed and is recorded with the CCHD as well. (Records Available) The recent Yield Test results show the well pumped 6 gallons of water per minute for 2.5 hours straight, this test has been recorded with the CCHD as well. (Records Available) Another option would be to keep the property as a two-unit duplex, keep as a long term cash flowing investment property or live in one unit and rent the other. The permit office would require a hearing from the owner to decide to issue a building permit to keep as a two unit. The current owner has up to 40 pages of records tracing the house back for several decades to make a solid case that this is a legal two unit property to submit with two unit permit application. The Finksburg real estate market has remained hot with very little inventory available. Strong comps that continue to rise. Fix and Flip opportunities are hard to find in this area so take advantage of this opportunity. House is being sold AS-IS. Cash or Hard Money only. All offers considered.

Features

3 bedrooms

3 bathrooms

3026 sq. ft. floor area

1306.8 sq. ft. lot size

Single-Family

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