QUICK CLOSE!!! RARE MONTGOMERY VILLAGE END UNIT | PERFECT 445K RENOVATED COMP | 4 BED / 4 BATH VALUE-ADD (NOT IN MLS)
Sold Sight Unseen-No Access until we have a ratified contract with the buyer
PROPERTY OVERVIEW
3-Level End-Unit Townhome located in the Overlea Community of Montgomery Village.
3 Bedrooms and 2 Full Bathrooms.
Approximately 1,328 SF Above Grade plus 792 SF Below Grade, providing approximately 2,120 Total SF.
Main Level Features Living Room with Fireplace and Vaulted Ceilings, Dining Room, and Primary Bedroom with Double Closets and Full En-Suite Bathroom.
Upper Level Features Two Additional Bedrooms with a Shared Jack-and-Jill Style Full Bathroom.
Lower Level Offers Approximately 792 SF of Unfinished Space with Good Ceiling Height and Excellent Potential for Additional Finished Living Space.
COMPARABLE SALE AND ARV SUPPORT
Excellent Same-Community Renovation Comp: 20205 Gentle Way is an End-Unit Townhome in the Overlea Community with a Very Similar Floorplan.
The Comparable Property was Purchased by an Investor for 303K as a 3 Bedroom / 2 Bathroom Home with 1,260 SF Above Grade and 735 SF Below Grade.
Investor Completed a Full Renovation, Converting the Property into a 4 Bedroom / 4 Full Bathroom Home with 1,995 Finished SF.
The Renovated Property SOLD FOR 445K IN SEPTEMBER 2026.
Subject Property Offers Approximately 2,120 Total SF, Providing Approximately 125 SF More Space Than the Comparable Sale.
Subject Acquisition Price of 285K is Also 18K Below the Comparable Investor's Original Purchase Price Before Renovation.
VALUE-ADD AND RENOVATION STRATEGY
Follow the Same Successful Renovation Strategy as 20205 Gentle Way by Finishing the Lower Level.
Potentially Create a Fourth Bedroom with Proper Egress, an Additional Full Bathroom, and Finished Family or Bonus Living Space.
Explore Reconfiguring the Upper-Level Jack-and-Jill Bathroom Area to Create Separate En-Suite Bathroom Access.
Potential to Deliver a Fully Renovated 4 Bedroom / 4 Full Bathroom Finished Product.
Estimated Renovation Budget is 80K.
Renovation Budget Should Include an Allowance for Potential HVAC Replacement.
PROPERTY CONDITION AND FEATURES
Roof Replaced Approximately 2 to 4 Years Ago.
Water Heater Approximately 5 to 10 Years Old.
HVAC Approximately 15 Years Old.
End-Unit Location.
Living Room Fireplace.
Vaulted Ceilings.
Full Unfinished Basement with Good Ceiling Height.
HOA Fee Approximately 438 Quarterly or 146 Monthly.
LOCATION AND COMMUNITY AMENITIES
Montgomery Village Offers Extensive Resident Amenities, Including Community Swimming Pools, Tennis and Sports Courts, Playgrounds, Walking and Biking Paths, Parks, Green Space, and Community Activities.
Montgomery Village Foundation Operates Six Community Pools and Maintains More Than 335 Acres of Parks and Green Space.
Convenient Montgomery County Location Near Shopping, Restaurants, Medical and Professional Services, and Major Commuter Routes.
Served by Montgomery County Public Schools.
INVESTMENT SUMMARY
Purchase Price: 285K
Estimated Renovation: 80K
After-Repair Value: 445K
Estimated Purchase and Renovation Basis: 365K
Potential Gross Spread Before Closing Costs, Holding Costs, Financing, and Resale Expenses: 80K
Closing Date: Monday, November 30, 2026
Final and Best Offer Deadline: Wednesday, November 11, 2026 at 9:00 AM.
OFFER REQUIREMENTS AND PROPERTY ACCESS
Submit Final and Best Offer Through the MarketPro Website Before the Stated Deadline.
Proof of Funds and LLC Documents Must Be Uploaded for Offer Consideration.
No Property Access Until a Ratified Contract with a Buyer Is in Place.
A Walkthrough Will Be Organized After Contract Ratification.
Craig Is Available to Review Property Pictures or Videos and Answer Questions.
