NOT in MLS: 3 Level End Townhouse in Montgomery Village MD (in Good Condition) for Only $259,900! That's $100K+ Below Renovated Comps!!

9935 Forest View Pl Montgomery Village MD 20886

The Numbers
Sale Price: $259,900
Needed Upgrades: $55,000
After Repair Value: $360,000
Spread: $100,000
Description of Home
Type: Townhome
Bedrooms: 2
Bathrooms: 1
Levels: 3
Parking: 1 Assigned Spaces
Square Feet Total: 1188
Lot Size(Acres): .02
Sale Comps
9856 Brookridge Ct - Sold - $360,000
 
9974 Forest View Pl - Sold - $357,000
 
Rent Comps
9914 Brookridge Ct - Rented - $2280

Additional Information

RARE OPPORTUNITY!! This is a brick front 3 level end unit townhouse that is a rare find within Montgomery Village, MD. Home is currently has 2br 1ba with an drywalled, but not finished, top level that already has plumbing running to it to easily put a master suite. So this home can easily be turned into a 3br 2.5ba home to fetch maximum resale. Tons of exterior big ticket upgrades have been done, including newer air conditioning, roof, windows, front door, and patio. So really only interior work is needed. This home is a HUGE OPPORTUNITY for 'owner occupant' type of buyer for BIG SWEAT EQUITY as the home is in good condition and is in good enough condition to qualify for conventional financing! Or you can renovated it and hold it is a rental. Updated homes in the area are renting for ~$2300/month. It also an EASY REHAB, perfect for new or experienced rehabber! Renovated homes in the area are selling for $360,000. But you can buy this home for only $259,900. That's a $100K 'spread' to work with!! Hurry, this deal will be gone before you know it!! NOTE1: 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. NOTE2: Townhouse fees are about $400/quarter includes community pools and trash.

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.