
Courtesy of: Arshia Kia, EXP Realty, LLC, arshia@kiarealestate.com
$400,000
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4 bed
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3.00 Bath (2 Full , 1 Half)
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Lot: 0.15 Acres
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Other
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$400,000
10705 LOCKRIDGE Drive DEADLINE TO SUBMIT OFFERS IS SET FOR SUNDAY 12/14 at 9 PM. PRIME SILVER SPRING INVESTOR SPECIAL - $225K+ GROSS SPREAD INVESTORS ONLY. Cash or Hard Money preferred. Positioned in a high-velocity sales corridor, this property is priced specifically for a profitable flip. With renovated comps in the immediate neighborhood pushing past $650, 000, this asset offers a massive $225, 000 spread between acquisition and resale, providing ample room for renovation costs and profit margin. This is not a total gut-job. The kitchen and appliances are in surprisingly great shape, and the heavy mechanicals-including the HVAC and Water Heater-are in good working order, saving you thousands in upfront capital. The renovation focus is clear: the property requires a new roof, window replacement, and professional mold remediation in the basement. 10705 Lockridge Drive is a commuter's dream. Minutes to Colesville Rd, the ICC, and Georgia Ave. Once stabilized and renovated, this home will check every box for end-buyers looking for established Silver Spring neighborhoods. Strictly sold As-Is. Seller prefers a fast, streamlined closing. Do your math, run your numbers, and move fast-this is a clear six-figure opportunity in a market starved for inventory.
Courtesy of: Arshia Kia, EXP Realty, LLC, arshia@kiarealestate.com
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