$400,000

10705 LOCKRIDGE DR, Silver Spring, MD 20901

  • 4 beds |
  • 3 baths |
  • 1,632 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $245/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
EXP Realty, LLC : 8668257169
Listing Agent:
Arshia Kia : 5714030202
MLS ID:
MDMC2208782
  • Appliances: Built-In MicrowaveDishwasherDisposalDryerExhaust FanRefrigeratorWasher
  • Laundry: Basement
  • Basement: Fully finished
  • Flooring: Hardwood
  • A/C: Central A/C
  • Heating: Heat Pump - Gas BackUpNatural Gas
  • Fireplace: WoodFireplaceFireplaces: 1
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Bi-levelColonial
  • Parking: Concrete Driveway
  • Roofing: Shingle
  • General: Brick2Concrete Perimeter
  • Originating MLS: BRIGHT_MAIN
  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • County: MONTGOMERY-MD
  • Zoning: R60161301365163
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Arshia Kia, EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Forest Knolls Elementary School

10830 Eastwood Ave, Silver Spring, MD, 20901

Grades KG-5

0.50 miles away

F

Francis Scott Key Middle School

910 Schindler Dr, Silver Spring, MD, 20903

Grades 6-8

1.07 miles away

N

Northwood High School

919 University Blvd W, Silver Spring, MD, 20901

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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