This property at 109 S Calhoun St in Baltimore has a solid foundation for a flip, given its size of 2050 sqft and four bedrooms. However, recent renovations and the competitive market with median prices around $270K could limit immediate profit margins. The property sits in the Union Square neighborhood, which is desirable but requires careful consideration of renovation costs versus potential listing price.
To maximize your flip potential, consider minor cosmetic updates that enhance appeal without over-investing. Focus on freshening up the kitchen and bathrooms, as these areas yield the highest returns. Be prepared to price competitively against similar homes in the area, ensuring that any renovations align with buyer expectations in this market.