10705 Lockridge Drive Silver Spring, MD 20901

$400,000
4
Beds
2.5
Baths
0.15
Acres
1,632
SQFT
245
$/SQFT
$400,000
4
Beds
2.5
Baths
1,632   sf
$245 / sf
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active
1/12
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PRIME SILVER SPRING INVESTOR SPECIAL – $225K+ GROSS SPREADINVESTORS 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.

PRIME SILVER SPRING INVESTOR SPECIAL – $225K+ GROSS SPREADINVESTORS 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.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Montgomery
  • Tax Amount
    $5,904
  • Status
    Active
  • Listing #
    MDMC2208782
  • Built
    1952
  • Lot Size
    0.15
  • Listed on site
    1 day
  • Listing Agent Id
    121137313240
  • Co Listing Agent Id
    802233495262

Listed by:
EXP Realty, LLC

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
  • Fire Place
  • Wood Floors
  • Heat Gas
  • Main Floor Bedroom

Style

  • Bi-Level
  • Colonial
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