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Updated almost 4 years ago on . Most recent reply
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Ok Baltimore investors I am looking for some imput.
I am seeking your advise, if you have recent experience, and understanding of the Waverly area. Normally,I am focused on the sub-markets in the Baltimore Washington Corridor, (for good reason) but someone brought me a deal opportunity the other day from Waverly/ Greenmount Ave area that on the surface I thought it might worth a look. Are there any local intricacies traps that i should watch out for in a deal?
Thanks in advance!
Val
ps. ( I mean to write: I am looking for some input, but smart ph is not so smart)
Most Popular Reply
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That is definitely one of those neighborhoods/parts of town where the specific location really maters. For instance the west side of Greenmount (closer to JHU) generally has higher values and rent rates than the east side of the road.
Overall the neighborhoods proximity to JHU means that while it may never be an A+ area, it should maintain value and neighborhood employment at a minimum.