SoldJun 20, 2025

Listed by Bernetta Draper from Keller Williams Preferred Properties

Bought with Moraima Landestoy

Source: Bright MLS #MDBA2164686

3123 Sumter Avenue, Baltimore, MD, 21215

$60,000

3
1

Townhouse

15 days on the market

Sold: Jun 20, 2025

What's around 3123 Sumter Avenue

About this property

ATTENTION HOME BUYERS WITH A VISION & INVESTORS! Call your CONTRACTOR!! REHAB the property and MAKE IT YOUR OWN! Great neighborhood! Quiet Street! 3 level Porch Front Townhouse located in Central Park Heights with 3 BEDS & 1 BATH! Enjoy Bright & Sunny SPACIOUS rooms once you finish remodeling the home. You?ve got a head start with NEW Laminate FLOORS, Remodeled BATHROOM, NEW FURNACE & NEW HOT WATER Heater. Nice size Backyard. BASEMENT with Inside & potential Outside Access. AS IS. Ask us about rehab values. Seller will confirm ground rent. Near I-83 with EASY ACCESS to I-70, I-95, I-695 & Baltimore/Washington Pkwy. MINUTES to Druid Hill Park, the Maryland Zoo, Cylburn Arboretum, Cold Spring Park, Jones Falls Trail, Pimlico Race Course, Restaurants, Shopping, DOWNTOWN Baltimore & great EMPLOYMENT! Close to Sinai Hospital (1.5 mi), John Hopkins Hospital (7 mi), University of Maryland Medical Center (7 mi), and Medstar Harbor Hospital (8 mi), Easy Commute to Baltimore City Community College (BCCC), COPPIN State University, MORGAN State University, LOYOLA College & JOHN'S HOPKINS University. Want to see the home in person? SCHEDULE a Showing TODAY!! **INVESTORS**: Great ROI! This house offers a phenomenal Investment Property Opportunity for Fix & Flip and Passive Rental Income (BRRR).** The After Repair Value (ARV) for similar REHABBED SOLD homes in the area in 2024 is up to $280,000, (ie: 2921 Oakley Ave - $280,000 on 11/19/24; 4437 Pall Mall Rd - $265,000 on 11/22/24) & so far in 2025 is up to $240,000 (ie: 4439 Pall Mall Rd - $249,999 on 01/31/25; 3817 Beehler Ave - $240,000 on 01/31/25; 2805 Waldorf Ave - $218,000 on 01/17/25; 3414 Virginia Ave - $207,500 on 01/10/25; 2821 Ridgewood Ave - $204,900 on 01/28/25; 2803 Waldorf Ave - $198,500 on 01/28/25; 2527 W Cold Spring Ln - $195,000 on 04/11/25). *** Recent RENTAL COMPS for REHABBED properties are up to $2,300 a month (ie: 3522 W Garrison Ave - $2,300 on 04/07/25; 3904 Reisterstown Rd - $2,250 on 04/03/25; 2603 Shirley Ave - 1,900 on 03/01/25; 4921 Edgemere Ave - $1,850 on 11/08/24; 2506 W Cold Spring Ln - $1,800 on 02/03/25).

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