π‘ About This Deal
Welcome to 131 Midland Rd in Glen Burnie, MD β a versatile property offering both residential and business potential. Sitting on a 0.70-acre lot, this 2-bedroom, 2-bath home with 5,720 sq. ft. of total living space is currently being used as a daycare business, with one side dedicated to operations.
Built in 1950, the property features a finished basement, fireplace, central air, and off-street parking. Itβs structurally solid and offers multiple options: continue operating as a business, convert to full residential use, or renovate for a mixed-use setup.
Photos:
https://drive.google.com/drive/folders/1F2SdNi04UIX5GMLvzak7bhJlFxeu9WuV?usp=sharing
π‘ Highlights:
2 Bedrooms | 2 Bathrooms
Total Living Area: 5,720 Sq. Ft.
Lot Size: 0.70 Acres
Built in 1950 | Rambler Style
Finished Basement | Fireplace
Heating: Forced Air (Electric) | Cooling: Central A/C
Appliances: Dishwasher, Range/Oven, Refrigerator, Disposal
Currently operating as a daycare business
Rehab Needed: Cosmetic + System Updates
Estimated Rehab: $80kβ$120k
ARV: $700kβ$860k+
π Rare opportunity for business owners to acquire property in this area at this price point!
π° Transaction Details
Asking Price: $580,000 OBO
Closing Date: Assignment β TBD
Occupancy: Vacant
Access: By Appointment Only
Proof of Funds: Required
Buyer pays all closing costs
π Property Condition
Roof: Shake/Shingle, condition fair
HVAC: Central A/C & Forced Air (functional)
Interior: Needs full cosmetic updates
Exterior: Solid brick/frame construction
Basement: Finished, usable space
β Next Steps
Contact us for more details
Submit Proof of Funds
Schedule a walkthrough (by appointment only)
Make an offer directly
Sign Assignment Agreement
β οΈ Disclaimers
This is an assignment of contract and not a direct sale. Buyer must conduct their own due diligence. All details are believed to be accurate but are not guaranteed. Buyer pays all closing costs. Serious and qualified investors only.
π Time-sensitive opportunity β contract will be assigned to the strongest buyer.
Let's take the next step
We're here to help you craft a competitive offer for you to lock down this deal.