AVR = $475k
Comps
- 9544 Sherwood Dr – $500,000
- 7106 Westchester Dr – $483,000
- 9632 Gwynndale Dr – $465,000
Rehab Estimate:
- Gut/Flip: $60,000
- Rent Ready: $30,000
Why This Property Stands Out:
- Spacious Layout with 4 Bedrooms & 3 Full Baths
This property offers an ideal layout with four bedrooms and three full bathrooms, providing plenty of space for family living. With the right updates, this home has significant potential for value enhancement. - Generous Space for Improvement
With 1,200 sq. ft. of above-grade living space and an additional 1,176 sq. ft. in the finished basement, this home offers ample room for customization—whether you’re looking to add more living areas or create rental income opportunities. - Prime Location in Surratts Gardens
Located in the desirable Surratts Gardens neighborhood, this property sits on a sizable 11,458 sq. ft. lot. You’ll enjoy a peaceful setting with convenient access to schools, parks, shopping centers, and major routes in Prince George’s County. - Outdoor Potential
The home features a covered porch and a spacious yard, offering plenty of opportunities for outdoor living or even property expansion. - CASH AS-IS Opportunity
The property is being sold as a CASH AS-IS deal, allowing you to invest with minimal upfront repairs and reap the benefits of your improvements. - Egress doors and windows in basement
- Property can be upgrades to 5 bedroom
Additional Terms of Sale:
- Post-Settlement Occupancy: The seller may continue to occupy the property for up to 90 days after settlement, which is scheduled for November 1, 2024.
- Escrow Agreement: $20,000 of the seller’s proceeds will be held in escrow by the title company until the seller vacates the property.
- Extended Occupancy Penalty: If the seller remains beyond the 90-day period, they will incur a rental charge of $500 per day until the property is vacated.