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Spring Ridge, MD

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Spring Ridge, MD

$279,900 · FREDERICK, MD 21701
Works for flippers · Landlords would lose money

Available

$279,900Asking price

3 bd · 1.5 ba · 1,050 sq ft · built 1966

FREDERICK, MD 21701

No contract on file

via InvestorLift Classic

1 view · 1 saved · listed Sep 11

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $450,000
Asking price: −$279,900
RepairsThe seller’s figure. Ours: $14,000 – $29,500: −$45,000
Loan, holding, closing20% down, 12% interest, 2 points, 78 days: −$32,118
Profit20.7% of ARV · flippers want 10%+: $92,982
Works

Works for a flipper up to $324,000.

DIRTY PROPERTIES

Joshua Shifrin

No reviews yet

Comps

Sales

Rents

ARV $450,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $350,000.

The sales behind this value are shown to members.

ARV $450,000

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 rancher in Frederick, MD in good condition with a spacious 0.51-acre lot and a 600 Sq Ft carport. The property features 3 bedrooms, 1.5 bathrooms, 1,050 Sq Ft above grade, and a full 1,050 Sq Ft basement.

Property Highlights

3 Bedrooms

1.5 Bathrooms

1,050 Sq Ft Above Grade

2,100 Total Sq Ft

1,050 Sq Ft Basement

Full Basement

600 Sq Ft Carport

0.51 Acre Lot

Fireplace

Concrete Patio

Central Cooling

Built in 1966

Rancher / One-Story Layout

ARV: $450,000

Estimated Renovation: $45,000

Location Highlights

Located in Frederick, MD with convenient access to major commuter routes, shopping, restaurants, parks, and other local amenities. The generous half-acre lot provides plenty of outdoor space and adds significant appeal for both investors and retail buyers.

Call/Text Joshua Shifrin at 917-767-7675 for additional information or to schedule a walkthrough.

DISCLAIMER

Broker participation is welcome at 3% on top of the purchase price.

Approximately 2–3 months for closing.

Selling as-is.

Buyer is responsible for all closing costs and title insurance.

Strongly prefer to use New World Title Co as the title company.

Firm on price. Any offer below asking will not be considered.

Cash or hard money loans only.