CHEVERLY, MD 20785

CHEVERLY 4-LEVEL SPLIT | SAME-STREET 501K SOLD COMP | 4 BED / 2.5 BATH VALUE-ADD (NOT IN MLS)

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

PROPERTY OVERVIEW

• Spacious 4-Level Split located in an established Cheverly neighborhood.
• 4 Bedrooms and 2.5 Bathrooms with approximately 1,547 SF above grade plus 420 SF below grade, totaling approximately 1,967 SF.
• Multiple finished living levels with private off-street parking and a functional layout.
• Existing bedroom and bathroom count provides a strong foundation for renovation and resale.

LAYOUT AND FEATURES

• Main Level
• Vaulted-ceiling living room, dining room, one bedroom and full hall bathroom.
• Upper Level
• Three additional bedrooms and one full hall bathroom.
• Lower Level
• Eat-in kitchen, half bathroom and additional dining or living area.
• Basement Level
• Unfinished basement with laundry and utility area, providing additional storage and future value-add potential.

CONDITION AND PROPERTY DETAILS

• Roof approximately 15 years old.
• HVAC approximately 10 years old.
• Siding in good condition.
• Private 1-car parking pad.
• Four separate levels offering flexibility and multiple living areas.

RENOVATION AND VALUE-ADD OPPORTUNITY

• Existing 4-bedroom and 2.5-bathroom layout provides excellent resale potential without needing to add bedrooms or bathrooms.
• Renovation dollars can be focused on the kitchen, bathrooms, flooring, paint, lighting and overall presentation.
• Vaulted living space and multiple finished levels add to the property's appeal.
• Opportunity to maximize value through a primarily cosmetic renovation and updated interior finishes.

COMPARABLE SALES AND ARV SUPPORT

• Excellent Same-Street ARV Support: 2400 Valley Way
• Approximately 1,968 SF, essentially the same total size as the subject.
• Sold for 501K in October 2025.
• Offered only 2 bedrooms and 2 bathrooms, compared to the subject's 4 bedrooms and 2.5 bathrooms.
• Provides strong support for the subject's conservative 495K renovated target.
• Excellent Buy-Price Support: 2408 Valley Way
• Smaller 2-bedroom and 1-bathroom home with only 1,201 SF.
• Sold for 315K, matching the subject's 315K acquisition price.
• Subject offers significantly more living space, twice the bedroom count and additional bathroom functionality.

LOCATION AND RESALE APPEAL

• Established Cheverly residential neighborhood just outside Washington DC.
• Convenient access to Cheverly Metro, Route 50, BW Parkway and Route 295.
• Accessible to Capitol Hill and Downtown DC.
• Detached single-family property with Metro access and established neighborhood appeal.
• Strong potential to attract owner-occupant buyers seeking convenient access to Washington DC.

INVESTMENT NUMBERS

• Purchase Price: 315K
• Estimated Renovation: 80K
• Total Purchase and Renovation Basis: 395K
• Target ARV: 495K
• Potential Gross Spread: 100K
• Closing Date: December 28, 2026

OFFER DEADLINE AND REQUIREMENTS

• Final and best offers must be submitted through the website by Friday, November 13, 2026, at 9:00 AM.
• 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 organized after ratification.

TRANSACTION AND PROPERTY ACCESS

• Seller of equitable interest only. Property is not owned by the assignor.
• Transaction is a contract for sale of equitable interest and will be completed through an assignment of MarketPro's contract.
• Buyers must perform their own due diligence.
• No access is available before a ratified contract.
• Buyers are responsible for property cleanout and all closing costs.
• Repair costs and property values provided are estimates only.

CONTACT AND IMPORTANT INSTRUCTIONS

• Contact: Nikki Cornblatt
• Call or Text: (267) 613-4394
• Email: deals@marketprohomes.com
• Do not visit the property, trespass, or contact the sellers under any circumstances.
• No remarketing or unauthorized seller contact is permitted without express written consent from MarketPro.
• Unauthorized contact may be considered intentional interference with a contract and may result in legal action.
• MarketPro does not collaborate with other wholesalers.
• To receive deals by text, text DEALSDMV to 91074. Text STOP to end. Message and data rates may apply.