📍District Heights, 20747 | Subject To | Entry $25k / MTG $261k / 5.49% INT

Prince George's County, District Heights, MD, 20747
Sold
Listed at: July 22nd, 2024
Price
$25,000
ARV
$350,000
Gross Margin
$325,000
Sq. Footage
1053
Type
Single-Family
Parking
Garage
Year build
1954
Lot size
0.30 acres
Bedrooms
5
Bathrooms
2
Half Bathrooms
0
Summary

💥ATTENTION INVESTORS💥

SUBJECT TO EXISTING MORTGAGE!

CALL US TO WALK IT NOW!!!

ENTRY FEE: (cash at closing) 25,000.00 + CLOSING COSTS + $749.00 TRANSACTION COORDINATION + 7,000 in ARREARS

 

⬆️PHOTOS ABOVE⬆️

 

📍 City: District Heights

🏡 Property Type: Single Family

🛏️ Bedrooms: 5

🛁 Bathrooms: 2

📏 Square Footage: 1,053

📅 Year Built: 

🔥 Currently Vacant

LOAN INFO 🏘️

  • MORTGAGE BALANCE: $261,172.52
  • INT. RATE: 5.490%
  • PITI: $2,215.75
    * PRINCIPAL: $311.57
    * INTEREST: $1,192.03
    * ESCROW: $712.15 (TAXES & INSURANCE)

  • TOTAL PAYMENT: $2,215.75

Condition:

 

This is an fantastic opportunity for an investor to add a solid rental opportunity to their portfolio. This is a solid fix and flip property in District Heights MD. The owner wants to sell and be done with it. Seller is 2 payments behind on her mortgage, and is ready to walk away. This area has seen tons of investment from fix and flippers and buy/hold investors...Dont miss this opportunity to lock in some serious profits with great comps to support a solid ARV.

 

📞FOR MORE DETAILS PLEASE

CONTACT Zac @ (866) 342-2672📞

 

We have a direct contract with the seller and a NOI has been recorded against the title for this property. Contacting the seller directly will not result in you obtaining a purchase contract. It will however result in a lawsuit. Our attorney is on notice.
  1. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY: Any estimates, information provided, or photographs/video showing the condition of the property are for your convenience only. Any information regarding specifications, characteristics, or condition of this property, neighborhood, or investment strategy (including, but not limited to, estimated rehab costs, as-is property square footage measurements, or proposed expansion through construction) is an unverified assumption of the company or its affiliates based on limited information and must be verified independently for accuracy. Company and its affiliates assume no liability whatsoever for the accuracy of any estimates, information, or photo/video provided. Buyer is required to conduct their own due diligence.
  2.  NO UNACCOMPANIED ENTRY OF PROPERTY: Broker and its affiliates do not give you authority, express or implied, to enter or access this property unaccompanied. Access to the property may only be obtained through scheduling a property inspection with Company.
  3. NON-REPRESENTATION: Company and their affiliates DO NOT represent you.
  4. You may not copy, store, distribute, display, modify, create derivative works, sell, or transmit any part of this content without prior written permission of Company.
  5. Please Note: Cash or hard money required for closing

Buyers pay all closing costs.

We are not a licensed contractor or appraiser.

This is an assignable purchase agreement that allows us to purchase the property listed below, not the property itself. If you are interested in this assignable purchase agreement, please contact us. 

DO NOT re-market this property under any circumstance without consent. ZVH LIMITED ENTERPRISES LLC is a principle in all assets that we market for sale and will vigorously defend our position in a court of law.*** All information and estimates are provided as a courtesy and should be confirmed by the Buyer. ZVH LIMITED ENTERPRISES and its associates are not liable for the accuracy of the information.

Videos

Outside Walkthrough

Inside Walkthrough

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Zachary VanHeyningen

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Disposition manager