Explore this fantastic investment opportunity in Gaithersburg, MD. This 2-bedroom, 1-bathroom condo offers incredible potential with 800 sq ft of living space. Perfect for investors looking to capitalize on a high-demand area with significant return potential.
Property Highlights:
🛏️ 2 Bedrooms & 🛁 1 Bathroom
🏠 800 Sq Ft of Living Space
🏢 Top Floor Unit with Balcony
🔨 Renovation Estimate: $20K
💰 ARV: $240K
🏡 Community Amenities: Pool, Tennis Courts, Tot Lots/Playground
📍 Close to Shopping, I-270, Bus Lines
Comps:
🏡 18501 Sweet Autumn Dr #203, Gaithersburg, MD 20879
1 BD/1 BA, 790 Sq Ft
Sold for $230,000 on 05/16/24
Renovated
🏡 7909 Badenloch Way #204, Gaithersburg, MD 20879
1 BD/1 BA, 840 Sq Ft
Sold for $221,000 on 08/16/23
🏡 7909 Coriander Dr #101, Gaithersburg, MD 20879
2 BD/2 BA, 952 Sq Ft
Sold for $250,000 on 06/28/24
Renovated
Fix and flip this condo or add it to your rental portfolio. Located in the Willow Wood neighborhood, this condo is the cheapest 2-bedroom in Montgomery County and offers access to great schools. The unit features a large living room with sliders to a balcony overlooking a common area, a generous-sized master bedroom with double closets, and a second room that can be used as a bedroom, den, or office. The large separate laundry room includes a full-size washer and dryer.
🔑 Reach out to Joshua for exclusive access to the lockbox code. Contact Joshua at 917-767-7675 today!
Disclaimer:
Broker participation is welcome at 3% on top of the price.
2 weeks for closing.
Buyer is responsible for all closing costs and title insurance.
Strongly prefer to use "New World Title Company" as the title company.
Selling "as-is."
Firm on price: Any offer below asking will not be considered.
Cash or Hard Money Loans Only!
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