From: HomeBridge LLC <info@homebridgedc.com>
*New Deal!* *517 City View Ter, Cumberland, MD 21502* Click Here For InvestorLift
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*Checking the house is available by appointment. Email to info@homebridgedc.com or text 240-907-1065 to schedule a
showing.* Facts and Features *Type:* Single-Family Residence *Square Footage:* Approximately 2,076 sqft *Levels:* 2 *Bedrooms:* 3 *Bathrooms:* 1 *Basement/Lower Level:* Unfinished Investor Special – 517 City View Ter, Cumberland, MD 21502 Heavy-rehab opportunity with significant upside for an experienced investor or contractor. PROPERTY DETAILS • Single-family residence • Approximately 1,038 sq. ft. on the main living level • Approximately 1,038 sq. ft. in the lower level • Approximately 2,076 total sq. ft. across both levels • Current layout: 3 bedrooms and 1 bathroom • Unfinished lower level • Existing garage-style opening in the lower level • Potential to create a fourth bedroom, second bathroom, and garage area, subject to permits and feasibility PROJECT NUMBERS • Asking
price: $15,000 • Preliminary renovation estimate: approximately $100,000 • Estimated
ARV: approximately $200,000 • Purchase plus estimated renovation: approximately $115,000 • Potential gross spread before closing, financing, holding, resale, and assignment costs: approximately $85,000 CONDITION This property requires a complete renovation. The roof is expected to require replacement. Much of the siding appears serviceable, although buyers should independently inspect all exterior components. The lower-level garage opening and door assembly also require reconstruction. Serious cash buyers only. Proof of funds may be required.
Buyer pays all closing costs. Assignment or closing terms are subject to the final agreement.
Price • Asking
price: $15,000 • Preliminary renovation estimate: approximately $100,000 • Estimated
ARV: approximately $200,000 Contact -- Jay Luo Co-Founder of HomeBridge LLC Website: www.homebridge-buyers.com
Email: info@homebridgedc.com Phone: 240-907-1065 *Address:* 1803 Research Blvd Ste 102 Rockville, MD 20850
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