185 Clay Street, Annapolis MD 21401

Price to sale fast! Great property to rehab and hold!

 

Asking 145k  

Rehab cost 65k

Foundation work 25-30k

Total investment of 240k

Conservative ARV of 300k

Equity 50k

Rental potential $2380 per month
 

Great up and coming area of Annapolis, single family colonial style detached 3 level home with fenced tiered brick courtyard, 1224 sqft of living space, 3 bedrooms and 1.5 baths. Home is just .4 miles from Ram's Head, close to State Buildings and Main St. Lot size 2,310 sqft, 1-year seller-paid HMS warranty included.

Needs foundation work, AC unit needs to be replaced, kitchen and baths need to be updated, siding/gutters and minor roof repair. House is a gem for someone with along term buy and hold plan.

Contact us for information or to schedule a showing

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