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Washington County, MD

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Washington County, MD

$125,000 · HAGERSTOWN, MD 21740
Works for flippers · Works for landlords

Available

$125,000Asking price

3 bd · 2 ba · 1,152 sq ft · built 1994

HAGERSTOWN, MD 21740

No contract on file

via InvestorLift Classic

3 views · listed Nov 3

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $180,000
Asking price: −$125,000
RepairsMiddle of our estimate, $13,500 – $28,000: −$20,750
Loan, holding, closing20% down, 12% interest, 2 points, 68 days: −$13,386
Profit11.6% of ARV · flippers want 10%+: $20,864
Works

Works for a flipper up to $127,000.

MARKETPRO HOMEBUYERS

Nicole Cornblatt

No reviews yet

Comps

Sales

Rents

ARV $180,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $181,000.

The sales behind this value are shown to members.

ARV $180,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

MARKETPRO HOMEBUYERS

Nicole Cornblatt

No reviews yet

Seller Description

HAGERSTOWN 3 BED / 2 BATH ONE-LEVEL | STRONG BUY & HOLD | SAME-STREET 185K SOLD COMP (NOT IN MLS)

Sold Sight Unseen-No Access until we have a ratified contract with the buyer

PROPERTY OVERVIEW

Fee-simple manufactured double-wide home located in the established Highland Manor community in Hagerstown.
3 Bedrooms and 2 Full Bathrooms with approximately 1,152 SF of living space.
Vaulted ceilings, private off-street parking and attractive open views.
Quiet cul-de-sac location with convenient access to I-70, shopping, dining and everyday amenities.
NO LOT RENT: Fee-simple ownership includes both the home and the land.

PROPERTY FEATURES AND CONDITION

Roof approximately 2010.
Furnace approximately 10 years old.
Vaulted ceilings and functional 3-bedroom, 2-bathroom layout.
Private off-street parking.
Estimated light renovation of approximately 10K to 15K.

COMPARABLE SALES AND ARV

Excellent same-street comparable at 11933 Heather Dr featuring 3 Bedrooms, 2 Bathrooms and 1,248 SF, sold for 185K in July 2026.
Additional same-street sales include:

11906 Heather Dr sold for 170K.
11901 Heather Dr sold for 165K.

Recent comparable sales provide strong support for an estimated renovated value of approximately 180K to 185K.

INVESTMENT STRATEGY

Strong buy-and-hold opportunity with potential for attractive rental cash flow.
Comparable 3-bedroom, 2-bathroom homes in Highland Manor have been marketed around 1,700 to 1,800 per month.
No monthly lot rent provides an advantage over traditional leased-lot manufactured homes.
Established self-managed community with an approximate 440 annual HOA fee covering common area maintenance and trash.

DEAL NUMBERS

Purchase Price: 125K
Estimated Renovation: 15K
Total Buy and Renovation Basis: 140K
Estimated ARV: 180K
Potential Gross Spread: 40K

TRANSACTION DETAILS

Closing Date: December 28, 2026.
Final and best offers due Friday, November 6, 2026, at 9:00 AM.
Submit offers through the MarketPro website.
Proof of Funds and LLC documentation must be uploaded for offer consideration.
Property access is not available until a contract with a buyer has been ratified. A walkthrough will be coordinated afterward.

IMPORTANT INVESTOR REQUIREMENTS

Seller of equitable interest only. Property is not owned by the assignor.
Transaction is an assignment of MarketPro's contractual interest.
Buyers must conduct their own due diligence. Repair estimates and property values are provided for reference only.
Buyer is responsible for property cleanout and all closing costs.
No access or inspections before a ratified contract.
Do not visit the property, trespass, or contact the sellers directly.
No remarketing or unauthorized distribution without MarketPro's written consent.
No collaboration with other wholesalers.

CONTACT INFORMATION