NOT in MLS: 2 Level Detached Home in District Heights MD (in Good Condition) for Only $349,900! That's $75K+ Below Renovated Comps!!

2711 Edfeldt Dr District Heights MD 20747

Sale Price
Sale Price: $349,900
Estimate Repairs: $25,000
After repair value: $425,000
Equity Potential: $50,000
Description of Home
Type: Detached Home
Bedrooms: 5
Bathrooms: 3
Levels: 2
Parking: Driveway
Square Feet Total: 1100+1064
Lot Size(Acres): .135 acres
Sale Comps
6307 Elmhurst St - Sold - $435,000
 
7211 Lansdale St - Sold - $430,000
 
2407 Roslyn Ave - Sold - $400,000
 
Rent Comps
2103 Wintergreen Ave - Rented - $3,119
6022 Lucente Ave - Rented - $2,800

Additional Information

GREAT LOCATION!! This 5br, 3ba, 2 level detached home in District Heights MD is in good condition, just has a lot of 'stuff' in it, hiding its beauty. If you have access to MLS, I HIGHLY recommend you look at the 7/17/19 listing of this property so you can see what is underneath all of the 'stuff' in this home. The home has stainless steel appliances, solid counters, hardwood floors, solar on the roof, level yard, off street parking and a finished basement. It just simply needs some 'clean up' work to make it shine. The home is in good enough condition to qualify for conventional financing, making it a HUGE OPPORTUNITY for 'owner occupant' type of buyer looking for BIG SWEAT EQUITY where they can move in now and update as they want. Its also a rare find for the buy/hold investors looking in that area. The home can be rented for ~$3,000/month once the home is cleaned up. This home is also a great opportunity for the rehab investor looking for an easy rehab and BIG PROFIT. Similar sized homes in the area are selling for $425K+ renovated, but you can purchase this home for only $349,900. That's a $75K+ spread!! Hurry, this home in this location won't last! NOTE: This home is currently occupied, but will be vacant by closing. Please respect the occupant's privacy and email us about arranging a time to see the home. Do NOT knock on the door to see the home or the occupants will take your name and you will be permanently removed from our email list.

Contact Person:

Greg Norman


Scan/Email contract to:

Greg@MyOffMarketHomes.com

Door Directions

Disclosures

All information, including figures, are provided in good faith, but are not guaranteed to be accurate. Buyers should conduct their own due diligence. We are not agents and this is not a pocket listing. We are under contract with the title holder and considered principals in the transaction. Anyone attempting to contact the title holder will be viewed as intentional interference with a contract and legal action may be brought against you. Additionally, you will be permanently removed from our mailing list and the mailing list of other major wholesalers in the area.