Exclusive Investor Opportunity β Waldorf, MD
8021 Holly Ave, Waldorf, MD 20601
π‘ Deal at a Glance
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Beds/Baths: 3 / 2
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Above Grade: 2,044 sq ft (single-level ranch, no basement)
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Lot Size: 10,233 sq ft (0.23 acres)
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Year Built: 1973
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Subdivision: Pinefield
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Parking: Driveway, no garage
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Taxes: ~$4,042/year (est.)
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Condition: Needs full cosmetic rehab (kitchen, baths, flooring, paint, windows)
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Systems: HVAC newer, roof & siding ~10 years old
π° Numbers That Work
- ARV: $475,000 (based on nearby comps)
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Reno Estimate: $80Kβ$90K (full cosmetic + systems updates)
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All-In: ~$335K
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Investor Spread: ~$130K before holding/closing costs
π Flip potential: Retail resale in $475k range.
π BRRRR potential: Strong Section 8 rental demand in Waldorf, 3/2 ranch fits perfectly.
π Comparable Sales
- 8026 Holly Ave β $430K (not fully renovated, smaller upside)
- 2106 Dennis Rd β $456K (great reno, solid comp)
- 2418 Pinefield Rd β $485K (recent, strong finish quality)
- 5307 Doris Dr β $475K (modernized, similar layout)
- 2430 Pinefield Rd β $490K (top of market, high-end reno)
π Our property sits right in line with these after full modernization, even without a garage.
π οΈ Why Investors Like This Deal
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Solid Bones: Brick/frame construction, roof & siding ~10 years old.
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No Garage Premium: Many comps include garages; ours doesnβt β pricing reflects it.
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Straightforward Reno: Kitchen/baths/paint/windows + system upgrades. No basement = no hidden foundation surprises.
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Rental Play: Section 8 friendly, low-maintenance ranch layout.
πΈ Photo Highlights & Breakdown
Exterior
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Brick/frame siding in serviceable condition.
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Roof & siding ~10 years.
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Large usable lot, driveway parking, no garage.
Interior
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Living areas: Outdated, needs full cosmetic refresh.
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Kitchen: Full gut required.
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Bedrooms (3): Functional, flooring + paint updates.
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Bathrooms (2): Both fully dated, budget for full renovation.
Systems
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HVAC newer.
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Roof/siding ~10 yrs.
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Plumbing & electrical: Original, recommend updating.
π Neighborhood Snapshot
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Location: Pinefield subdivision, Waldorf, MD.
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Buyer Pool: First-time buyers, families, Section 8 investors.
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Market: Low inventory for updated detached ranch homes; renovated comps move quickly in the $450Kβ$490K range.