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ActiveFairmount Heights, MD, 20743
Opportunity for Investors or Cash Capable Buyers! Short Sale – Already APPROVED! Quick closing possible! Offer fell through, back on market. Move-in ready! Fully updated 3-bed, 1-bath single-family home on a quiet street. Minutes from multiple metro stations, downtown DC, and a two minute drive to 295 makes this location great for commuting. Step inside to find brand-new carpet, LVP flooring, recessed lighting, an updated kitchen, stainless steel appliances, and a convenient breakfast bar, as well as alarm system and smart thermostat. Major upgrades include new roof & gutters, washer/dryer, new rear deck, and a brand new, professionally installed foundation - minimizing future maintenance concerns and providing long-term peace of mind. Enjoy outdoor living with a fully fenced front and back yard, covered front porch, and a new rear deck—perfect for relaxing or entertaining. The basement area has been professionally insulated and water-proofed. Accessible from the backyard, it provides a spacious utility/storage/workshop area with plenty of potential. Property is subject to a $30,330 lien that seller is unable to satisfy and buyer will be responsible for payoff as part of transaction. Ideal for investors looking for a buy & hold, or buyers with cash to satisfy lien and finance the rest. Home is priced below market value to account for the existing lien. Potential buyers could be all-in near $300K which is still below value for this fully updated single family home. Lien can be paid at closing - Speak with your lender for structuring options. Seller prefers use of Quantum Title due to familiarity with transaction and quick closing.
Listed by: Waynenetta Johnson, Coldwell Banker Realty
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