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Скачать или смотреть Real Estate Investing: Berea, Baltimore with Marc Hayes, Realtor

  • Marc Hayes, Realtor
  • 2024-08-27
  • 49
Real Estate Investing: Berea, Baltimore with Marc Hayes, Realtor
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Описание к видео Real Estate Investing: Berea, Baltimore with Marc Hayes, Realtor

Real Estate Investing: Berea, Baltimore with Marc Hayes, Realtor



Berea is a historic neighborhood located in the eastern part of Baltimore, Maryland. Established in the late 19th and early 20th centuries, Berea originally developed as a working-class community, with many of its residents employed in the nearby industrial centers. Over the decades, the neighborhood experienced various demographic shifts, influenced by broader economic and social changes in Baltimore. The area saw a significant decline in population and economic vitality during the latter half of the 20th century, similar to many urban neighborhoods across the United States. However, in recent years, Berea has become a focal point for revitalization efforts, with city planners and community organizations working to restore its historic charm and improve living conditions.

Berea is bordered by the following streets:
North: Sinclair Lane
South: Orleans Street
East: Edison Highway
West: Milton Avenue



Berea is predominantly African-American, with over 90% of the population identifying as Black or African-American. The neighborhood has a median household income below the national average.

The neighborhood's population has been declining over the years, partly due to the aging population and outmigration, but efforts to attract new residents are part of the neighborhood's revitalization strategy.

Berea is characterized by its rowhomes, many of which were built during the early to mid-20th century. These homes are typically two or three stories tall, with brick exteriors and small front yards. The neighborhood has a mix of owner-occupied homes and rental properties, with a significant number of vacant or abandoned properties due to the area's economic decline.



Percentage of Unavailable Housing About 80% of the homes are currently occupied, either by owners or renters. However, many of these homes may be in need of rehabbing properties.


In recent years, corporations like Blackstone and other real estate investment firms have begun to acquire properties in Berea, often targeting distressed properties for renovation and resale.

It is estimated that around 10-15% of the housing stock in Berea is owned by corporations. These entities typically buy homes in bulk, renovate them, and either sell them at a higher price or convert them into rental properties.
Property prices in Berea are still relatively low compared to other parts of Baltimore.

Rental Income: The demand for affordable housing in Baltimore is strong, and renovated homes in Berea could generate steady rental income.



Berea, Baltimore, represents a neighborhood with significant potential for real estate investors. The combination of affordable property prices, ongoing revitalization efforts, and the presence of large corporate investors like Blackstone makes it an attractive area for those looking to invest in Baltimore's housing market. #CapCut #visitbaltimore #baltimorehistory #marylandrealestate #realestateinvesting
#realestate #marchayes #marchayesrealtor #berea

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