Maryland 10 Townhouse Subdivision Opportunity

[Jordan T.]

Hi Everyone,  

A long time friend of mine has a property in Maryland (21229) listed with an agent at long and foster but wanted me to reach out to my investor network as to help him get exposure to the right types of buyers. 

http://www.zillow.com/homedetails/4312-Leeds-Ave-Baltimore-MD-21229/3625902  

Here are the high-level details:  

MLS# BC8594059 - BALTIMORE COUNTY

4312 LEEDS AVE, BALTIMORE, MD 21229  

Listed at $425,000

Current house is 4 bedroom/ 2.5 baths 

3.18 Acres in the County 

Subdivision Potential - discussed possibility for up to 10 townhouses... no legwork has been started on this by current seller.  

Good location - 5 min to UMBC  

Seller says that the current house has been ~70% renovated, although I have not personally seen the inside so I cannot back up that claim or speculate on remaining rehab costs.  

Current rental rate as-is $1500/month to family friend.  

Call or text me 443-686-9833 if I can be of any further assistance.  

Jordan Turek 

Keller Williams