NOT in MLS: 5br 3ba 2Lvl Home w 2 Car Carport on .979 Acres in Laurel MD IN GOOD CONDITION for only $359,900! That's $210K+ Below Renovated Comps!
16817 Melbourne Dr Laurel MD 20707
| Sale Price | |
| Sale Price: | $359,900 |
| Estimate Repairs: | $120,000 |
| After repair value: | $570,000 |
| Equity Potential: | $90,000 |
| Description of Home | |
| Type: | Detached Home |
| Bedrooms: | 5 |
| Bathrooms: | 3 |
| Levels: | 2 |
| Parking: | 2 Carport |
| Square Feet Total: | 1830+1830 |
| Lot Size(Acres): | .979 acres |
| Sale Comps | |
| 16805 Clark Ter (not fully updated) - Under Contract - $589,900 | |
| 7001 Marmick Pl - Sold - $570,000 | |
| 6512 Brooklyn Bridge Rd - Sold - $565,000 | |
Additional Information
RARE FIND!! This 5br 3ba 2 level 1830+1830sqft home has a 2 car carport and sits on a .979 wooded acre lot in Laurel MD. This home is a HUGE OPPORTUNITY for 'owner occupant' type of buyer for BIG SWEAT EQUITY as its in good enough condition to qualify for conventional financing! Also, a rehab investor can PROFIT BIG TIME as similar sized homes in the area are selling for $570K+, but you can purchase this home for only $359,900. That's a $210K+ spread!! This home is a great find!
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.