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712 61st Avenue

Fairmount Heights MD 20743

6
3
3000 sq. ft.
5750 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Investor Alert – New Construction Property Flip -Over $150,000 in Profit | New Construction Opportunity | One Block from Washington, DC. This new constucction property is 50% completed and sold as is, about $80,000 needed to finish construction after purchuse. Exceptional investment opportunity just one block from Washington, DC. This new construction project is already well underway with permits approved, utilities installed, foundation completed and inspected, plumbing groundworks completed and inspected and framing almost done. Upon completion, the property will feature a 3,000 sq ft, two-level home with 6 bedrooms and 3 bathrooms, designed as a two-unit style layout ideal for multi-generational living or rental income. Each level will include approximately 1,500 sq ft of living space, featuring: 3 spacious bedrooms 1–2 full bathrooms Full kitchen Living room Laundry area Separate entrances and exits for each level Large Driveway for 2-3 cars. This flexible layout allows an owner to live in one unit and rent the other for strong cash flow, or rent both levels for maximum investment return. The property sits on a flat, cleared lot on a quiet suburban street, offering privacy while still being steps from the DC boundary. Project Status & Investment Highlights: SOLD AS IS Permits active and current Foundation completed and inspected Plumbing groundworks completed and inspected Framing will be delivered completed No stop-work orders Floor plans and permits available Estimated construction completion: 4–5 weeks Estimated Costs to Complete: Approx. $80,000-$100,000 to finish construction Buyers may bring their own contractor or use the current construction team to complete the build. Projected Value: Comparable new construction homes in the area are selling for approximately $600,000, creating the potential for over $150,000 in equity upon completion. Property sold as-is with active permits and approved plans, foundation and plumbing done only. No HOA or HOA Rules. Several blocks from metro. All information and project documentation available for verification. Cash, Hard Money or Construction Loans Only.

Features

6 bedrooms
3 bathrooms
3000 sq. ft. floor area
5750 sq. ft. lot size
Single-Family

Happy sellers in Fairmount Heights

94%
94% of sellers in Fairmount Heights reported that their sale price either exceeded or met their price expectations.

Fairmount Heights stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Fairmount Heights over the last 12 months.

Local market activity for 6 bedroom single-family properties in Fairmount Heights

In the last 12 months, 10 six-bedroom single-family properties similar to 712 61st Avenue, have been sold.

This represents a 10% increase in six-bedroom single-family properties sales when compared to the previous 12 months.

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