3812 Gwynn Oak Ave, Baltimore, MD 21207 – Closing August 7th
Deal Snapshot
- Ask: $240,000
- Buy Now: $245,000
- ARV: $450,000
- Beds/Baths: 4 beds / 2.5 baths
- SQFT: 3,590 total
- Above Grade: 2,446 sqft
- Below Grade: 1,144 sqft partially finished
- Lot Size: 8,246 sqft / 0.19 acres
- Year Built: 1924
- Style: 2-story with basement
- Key Features: Extra kitchen, two separate living-quarter style layout, separate entrances, porches, driveway/off-street parking
- Taxable Assessment: $206,800
- Annual Taxes: $4,583
- County: Baltimore City, MD
- Utilities: Public water, public sewer, natural gas, electric available
Why This Deal Works
- Large 3,590 total sqft footprint
- 2,446 above-grade sqft gives this one a much larger resale profile
- Two-living-quarter style layout with kitchens on both levels
- Separate entrances and porches support flexible use
- Partially finished basement adds another value-add layer
- Roof is about 3 years old
- Windows are less than 10 years old
- One water heater is less than 18 months old
- Driveway, off-street, and on-street parking
- ARV support at $450K with higher neighborhood resale activity
Property Overview
3812 Gwynn Oak Ave is a large 2-story home with basement in Baltimore City. The current layout offers two separate living-quarter style areas, with bedrooms, living space, dining space, and kitchens across both levels.
Condition
Interior
- Livable condition
- Dated throughout
- Hardwood flooring, carpet, tile, and older finishes present
- Two kitchens in place
- Bathrooms are functional and dated
- Large rooms and strong overall footprint
Systems
- Roof is about 3 years old
- Boiler has been regularly serviced
- One water heater is less than 18 months old
- Windows are less than 10 years old
- Window A/C units
- Radiator heat with natural gas
Exterior
- Large detached-home profile
- Covered front porch and side/rear access
- Driveway and off-street parking
- 8,246 sqft lot gives stronger outdoor utility than a standard city setup
Detailed Scope By Room / Area
Living Areas
- Large room sizes
- Older finishes throughout
- Layout supports either continued separated living areas or single-family conversion
Kitchens
- Two kitchens in place
- Extra kitchen adds flexibility to the overall layout
Bathrooms
- 2.5 bath count supports the size
Bedrooms
- 4-bedroom layout
- Good overall room utility
Basement
- Basement is partially finished
- Adds storage, utility, and additional value-add space
- Basement layout supports future use flexibility
Exterior / Site
- 0.19-acre lot
- Driveway, off-street, and on-street parking
- Covered porch areas and separate access points
- Tree-lined street setting
Exit Strategy
- Flip: Strong fit with the size and ARV spread
- Buy and Hold: Works with the two-living-quarter style layout and income potential
- House Hack / Owner-Occupant Resale: Strong angle if finished with the current layout in mind
ARV – $450k
- Support includes 4900 Haddon Ave at $425K,
- 3812 Milford Ave at $460K,
- 3818 Woodbine Ave at $243K as an as-is auction comp on a smaller footprint.
- 3607 Mohawk Ave at $243k as is
Terms / Next Steps
- Closing August 7th
- Access by appointment
- $10k EMD required
- Sold as-is