SHOWING – MONDAY
March 30th 12 to 2pm
DEAL AT A GLANCE
- Ask: $325,000
- ARV: $560,000
- Beds/Baths: 4 beds / 2 baths
- SQFT: 2,160 total
- Above Grade: 1,440 sqft
- Below Grade: 720 sqft (basement (6ft 6in height))
- Lot Size: 10,066 sqft / 0.2310 acres
- Year Built: 1916
- Style: 2-story with basement
- Key Features: Large lot, open front porch, basement, attic access, rear access
- Annual Taxes: $4,555
- Subdivision: Cottage City
- County: Prince George’s
BUY NOW $330K
Why This Deal Works
- 2-story layout with 4-bed functionality
- 10,066 sqft lot stands out for the pocket
- Strong exterior profile from the street
- Rear access adds utility
- Clear value-add spread at the current number
- ARV support in the mid-$500Ks
- Full renovation setup with strong upside
Property Overview
3706 Parkwood St is a 2-story detached home with basement in Cottage City. The house sits on an elevated lot with a larger yard and a stronger profile than a lot of the surrounding inventory. The layout, lot size, and overall footprint are the real draw here.
Condition
Interior
- Dated throughout
- Kitchen is older and closed off
- Baths are small and dated
- Flooring shows wear
- Interior is cluttered and needs a full reset
Systems
- No central air
- Basement is utility/storage in current form
- Mechanical and electrical areas show older condition
- Soft floor concerns were noted near the bathroom area
Exterior
- Exterior needs cleanup
- Front steps and entry approach show wear
- Yard is overgrown
- Elevated lot gives the house strong street presence
- Rear access is a plus
Basement
- Unfinished (6ft 6in height)
- Exposed joists and utility lines
- Mainly utility and storage in current condition
Attic
- Adds bonus storage/flex space
- Useful support space to the overall layout
ARV Positioning
ARV is best marketed at $560,000 . The value here is tied to the 2-story layout, larger lot, and stronger finished product potential relative to the immediate area.
Comps :
- 3709 38th Ave = $569k
- 3804 40th Ave = $550k
- 4001 Shepherd St = $560k
Terms / Next Steps
- Access by appointment
- Occupied
- Walkthroughs need coordination
- $10k EMD required
- Sold as-is