Dundalk Semi-Detached @ 52% ARV

Property Description

216 Riverview Ave, Baltimore, MD 21222

Everything Works — 3BR Semi-Detached With Gas Heat, Central Air, and a 2001 Renovation, ARV $275K

This is a 3-bedroom, 1-bath semi-detached home in Dundalk priced at $142,990 against a $275,000 ARV. Everything in this house functions. Nothing is broken.

The property was fully renovated in 2001 — all new systems and surfaces at that time — and has been well maintained since. Gas heat and central air are in place and operational. The unfinished basement provides storage and utility space.

What the house needs now is updating, not repairing. After 24 years, the finishes are worn. Kitchen, bath, paint, flooring — the scope depends entirely on your exit strategy. A landlord keeps the budget tight and rents it. A flipper pushes the finishes to retail standard and sells into a market where updated 3-bedrooms in this pocket move.

Either way, you are starting from a house that works. That is a very different renovation than rebuilding one that doesn't.

WHY THIS DEAL MAKES SENSE

💎 52% of ARV on a house that functions. Entry at $142,990 against a $275,000 ARV. You are not paying for a shell or a gut job. You are paying for a maintained home where the systems are already done and the renovation is about upgrading presentation.

🛠️ 2001 renovation, well kept for 24 years. This was not a rental that got run down. The house was fully renovated and then maintained. The bones are right. The layout works. The finishes are simply dated.

📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=54193244886

• Gas heat and central air already installed. Two of the most expensive line items in any renovation — already in place and operational. That is real budget savings and real de-risking.
• Renovation scope fits your exit strategy. This deal flexes. A landlord keeps the rehab practical — paint, clean, minor updates — and rents a functional 3-bedroom. A flipper invests more in kitchen, bath, and finishes to push toward the $275K retail ceiling. The house supports both approaches.

⏳ Semi-detached = more light, more privacy, more curb appeal. Only one shared wall. That is a real advantage at resale or for tenant appeal compared to an interior row home.

YOU SHOULD KNOW

Everything in this house is functional. Nothing is broken. The renovation scope is about updating worn finishes — not chasing problems behind the walls.

How much you spend depends on what you are building. A landlord who wants a clean, functional rental can keep the budget lean. A flipper targeting the $275K retail ceiling invests more in the kitchen, bath, and finishes that retail buyers pay a premium for.

The unfinished basement provides utility and storage space. It is not configured as living space.

Closing end of May at RESE Title. Cash or hard money.

PROPERTY HIGHLIGHTS

• 3 Bedrooms / 1 Bathroom
• Semi-detached (one shared wall)
• Gas heat + central air (operational)
• Fully renovated in 2001, well maintained since
• Unfinished basement (storage/utility)
• Everything functional — finishes are worn, not broken

THE NUMBERS THAT MATTER

• ARV: $275,000
• Buy It Now: $142,990
• ~52% of ARV

📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=54193244886

If 2+ offers come in, we go straight to best & final with those two only.

Closing at RESE Title. Cash or hard money.

Submit Offer Here

VIP 24-HOUR EARLY ACCESS

VIP buyers get first look by text. Buy It Now offers accepted for 24 hours following the VIP text.
Full photos and walkthrough video are provided.

If no VIP offer is accepted, a one-time showing will be scheduled and completed this week. Showing notifications will be emailed to our full buyer list.