517 Elmwood Rd, Baltimore, MD 21206

This Cape Cod-style detached home in the OVERLEA subdivision presents a prime investment opportunity. Built in 1927, the property features 1,616 sq. ft. of above-grade living space, including 3 bedrooms and 2 full bathrooms. While this home can use some TLC, it is livable. It was lived in until July 2026. This price point offers potential for value-add renovations, appealing to buyers looking to earn some sweat equity or investors looking for a strong ROI. Key interior highlights include wood flooring, two entry-level bedrooms, and a formal dining room. The full, partially finished basement provides additional space for storage or potential living area expansion. With a detached garage and ample driveway parking for up to five vehicles, this property caters to a variety of needs. The garage includes a car lift, electric, and water. The 0.15-acre lot allows for outdoor enhancements. To be transparent, the 3rd bedroom is on the 2nd floor, which is accessed by passing through a 1st floor bedroom to the stairway. There is additional unfinished space upstairs that could be converted into a 4th bedroom, a bathroom, or closet. Sewer line was recently replaced from the house to the street. Estate sale, prefer As-Is sale.