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.
Property Features
Heating Information
Exhaust Fan
Natural Gas
Heat Pump
Parking
Concrete
On Street
Driveway
Cooling Information
Central Air
Electric
Water Features
Public
Basement
Finished
Fire Place
Wood Burning
School Information
School Information for 10705 LOCKRIDGE DRIVE, SILVER SPRING, MD 20901