$65,000 · OLDTOWN, MD 21555
Works for flippers · Works for landlords

Available

$65,000Asking price

3 bd · 2 ba · 2,300 sq ft · built 1960

OLDTOWN, MD 21555

No contract on file

via InvestorLift Classic

2 views · listed Aug 3

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $200,000
Asking price: −$65,000
RepairsThe seller’s figure. Ours: $28,000 – $58,500: −$40,000
Loan, holding, closing20% down, 12% interest, 2 points, 76 days: −$10,289
Profit42.4% of ARV · flippers want 10%+: $84,711
Works

Works for a flipper up to $125,000.

DIRTY PROPERTIES

Joshua Shifrin

No reviews yet

Comps

Sales

Rents

ARV $200,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $200,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

DIRTY PROPERTIES

Joshua Shifrin

No reviews yet

Seller Description

Beautiful Oldtown 3BD/2BA • 2,232 Sq Ft Ranch on 3 Acres Sunroom w/ Natural Light Giant Basement Detached 2-Car Garage & Workshop ARV $200K

Enjoy the privacy of country living with this spacious ranch situated on 3 beautiful acres in Oldtown, MD. This property features over 2,200 total square feet, a giant finished basement, bright sunroom filled with natural light, and a huge detached 2-car garage with workshop space. A great opportunity for a flip, rental, or long-term investment.

Property Highlights

3 Bedrooms
2 Bathrooms
2,300 Total Sq Ft
1,200 Above Grade Sq Ft
Giant Finished Basement
Additional Basement Storage
Detached 2-Car Garage
Workshop Space
Bright Sunroom
3.0 Acres
Stone Patio
Covered Porch
ARV: $200,000
Estimated Renovation: $40,000

Location Highlights

Located in scenic Oldtown, just minutes from Route 51 with easy access to Cumberland, the Potomac River, Green Ridge State Forest, hiking, fishing, boating, and countless outdoor recreation opportunities. Large homes on acreage with garage and workshop space are becoming increasingly difficult to find at this price point.

DISCLAIMER

Call/Text Joshua Shifrin at 917-767-7675 for additional information or to schedule a walkthrough.
Occupied and ratified. Property is ready to settle.
Broker participation is welcome at 3% on top of the purchase price.
Approximately 2-3 weeks for closing.
Selling as-is.
Buyer responsible for closing costs/title.
Strongly prefer to use New World Title Co as the title company.
Firm on price.
Cash or hard money only.