Property Description:
Key Features: Purchase $350K Renovation $150K ARV $700K
This charming house in Riverdale, Maryland presents an excellent opportunity for real estate investors looking to fix and flip a property. With its desirable location and potential for renovation, this house offers the chance to create a beautiful and profitable home.
Size: The house spans approximately 1058 but has an opportunity to expand to 3000 sqft.
Bedrooms: 5.
Bathrooms: 2.5
Lot Size: The property sits on a spacious lot, providing ample space for potential additions or landscaping improvements.
Convenient Location: Situated on E West HWY, this property enjoys easy access to major roads, public transportation, shopping centers, restaurants, and other amenities, ensuring a desirable location for potential buyers.
Renovation Potential: The property requires renovation and repairs, making it an ideal opportunity for a real estate investor looking to add value through a fix and flip project.
Strong Resale Market: Riverdale, MD is known for its vibrant real estate market, with high demand from homebuyers. This presents an excellent opportunity to sell the renovated property for a profitable return on investment.
Investment Highlights:
Profit Potential: The property's competitive asking price combined with the potential for renovation and resale offers an attractive profit opportunity for real estate investors.
Favorable Market Conditions: Riverdale's thriving real estate market and proximity to Washington, D.C., make this property an appealing investment option.
Scope for Creativity: With the need for renovations, the property allows the investor to showcase their creativity and design skills, creating a unique and desirable home for potential buyers.
Additional Information: For more information or to schedule a viewing, please contact the listing agent or real estate agent's