Deal Snapshot
- Ask: $105,900
- Buy Now: $109,900
- ARV: $150,000
- Rental Potential: $1,550 to $1,900/month
- Beds/Baths: 2 beds / 1 bath
- SQFT: 768 total
- Style: Ground-floor condo town house
- Year Built: 1950
- Condo Fee: $398/month
- Fee Includes: Water, sewer, trash
- Utilities: Central A/C, forced air, natural gas heat, natural gas hot water
- Taxable Assessment: $135,000
- Annual Taxes: $1,808
- Subdivision: Iverson Square Condominium
- County: Prince George’s, MD
Why This Deal Works
- Low entry point for a PG County hold
- Ground-floor setup supports rental demand
- Rent-ready profile with only light finish upside
- Central A/C and forced-air gas heat already in place
- Water, sewer, and trash included in the condo fee
- 2/1 layout is clean and easy to place
- Pricing leaves room for a landlord targeting day-one income or a light cleanup resale
Property Overview
2772 Iverson St Unit #81 is a ground-floor condo town house in Iverson Square. The layout is efficient, the condition reads clean, and the unit shows better than a typical heavy-value-add condo at this price point.This is best positioned to buy-and-hold buyers looking for a lower-basis rental with a straightforward layout and stable utility setup.
Condition
Interior
- Clean overall condition
- Flooring appears updated
- Kitchen is functional with an older finish package
- Bath is serviceable
- Light cosmetic upside, not a full renovation setup
Systems
- Central A/C
- Forced-air gas heat
- Natural gas hot water
- Public water and sewer
Exterior
- Ground-floor access is a plus
- Condo-townhouse style gives it a more practical feel than a standard stacked unit
- Common area maintenance handled through the association
Detailed Scope By Room / Area
Living Areas
- Clean layout
- Updated flooring helps presentation
- Light paint and finish refresh can sharpen the unit further
Kitchen
- Functional footprint
- Cabinet package is older but usable
- Good hold setup as-is with optional cosmetic improvement
Bathroom
- Functional and serviceable
- Standard cosmetic upside
Bedrooms
- Clean 2-bed layout
- Good fit for rental demand
- Straightforward turn profile
Exit Strategy
- Buy and Hold: Best fit
- Wholetail: Possible with light cleanup
- Flip: Secondary angle only
ARV Positioning
ARV is best marketed at $150,000. Rental potential $1500 to $1900
Terms / Next Steps
- Closing 17 June 2026
- Access by appointment
- $5k EMD required
- Sold as-is