Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Baltimore Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago,

User Stats

15
Posts
2
Votes
Tony Vicente
2
Votes |
15
Posts

Crumbling row-house, cost to rehab

Tony Vicente
Posted

I looked at a bunch of crumbling row-houses in Baltimore today, and many of them had crumbling and cracked brick, rotted foundation, water damage and squishy floors about to give in, and signs at the door saying the place needs to be rehabbed or boarded within 30 days because of code violation.

For a typical row-house that's 12 feet wide and 3 floors in Baltimore city, how would it typically cost

1A. Gut demolish the walls and floors and plumbing and electric, but keep the foundation untouched?

1B. Put in new wall, floors, plumbing and electric, basic stuff nothing fancy, around the existing foundation?

2A. Demolish everything including the foundation but obviously leave the facade and exterior walls?

2B. Put together a new foundation, new stairs, new everything rehab, basic stuff nothing fancy?

I know there's likely to be lazy answers like "it depends, could be anywhere from $20k up to $200k" but please, I'm looking for serious, experienced opinions on what the appropriate price should be. I'm not looking to do granite countertops, just a standard rehab for a place that's appropriate for a lower income neighborhood, so a luxury rehab is inappropriate.

Thanks!

Loading replies...