Available
$169,000(ARV: $290,000)58% of ARV

Montgomery County, Gaithersburg, MD 20886

3 bd2 ba1,437 sfBuilt 1973

Just listed

Gross spread$121,000

Description

Gaithersburg 20886 Rare Three Bedroom Condo / Flip or Buy and Hold (NOT IN MLS) Opportunity to acquire a spacious 3-bedroom, 2-full-bath garden-style condo in Montgomery Village, offering a hard-to-find bedroom count and multiple investment strategies. The property is dated but not distressed, making it an excellent candidate for either a light renovation and rental strategy or a more complete cosmetic renovation for resale***Take Note: The only recent 3-bedroom comparable was purchased by an investor for approximately 180K and resold for 280K approximately one year ago, reportedly without a fully renovated kitchen. This property is being underwritten at an ARV of 290K+ following renovationThe functional floor plan features three generously sized bedrooms, two full bathrooms, an eat-in kitchen, and the convenience of an in-unit washer and dryer. The spacious primary suite features a walk-in closet and private full en-suite bathroom, providing the bedroom and bathroom configuration that today’s owner-occupant buyers and renters are looking forFor buy-and-hold investors, the property offers a projected monthly rental range of approximately 2,500–2,600, with an estimated 20K–25K renovation-to-rent budget. Investors targeting resale can underwrite approximately 40K–45K in maximum renovation costs to modernize the interior and position the property for the retail market.The Condo Fee Is Approximately 769 Per Month and Includes All Utilities, Providing Predictable Utility Costs for Both Owner-Occupants and Rental InvestorsResidents enjoy access to Montgomery Village community amenities, including swimming pools, clubhouse facilities, tennis courts, walking and recreation areas, and other community amenitiesIF YOU ARE NOT RECEIVING DEALS VIA TEXT, PLEASE TEXT DEALSDMV to 91074 TO BE OPTED-IN. SEND STOP TO END. MESSAGE and DATA RATES MAY APPLY. SELLER OF EQUITABLE INTEREST ONLY. PROPERTY NOT OWNED BY ASSIGNOR. THIS IS A CONTRACT FOR SALE OF EQUITABLE INTEREST. Buy: $169K Reno to Rent: $25K Reno to Flip: $45K ARV: $290K Closing date is Sept. 08, 2026Please enter your final and best offer by Thursday, August 13, 2026 at 9:00 am on our website. Please upload your Proof of Funds and LLC docs to have your offer considered. For more information please contact Craig Eberhardt Call or Text [contact details hidden]. YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER OTHERWISE USING ANY INFORMATION PROVIDED TO YOU UNLESS YOU HAVE THE EXPRESS WRITTEN CONSENT OF MPH. Any Property information received by you is proprietary information belonging to MarketPro South, Inc. and its affiliates (“MPH”). All Properties are currently under Contract to MPH. Any transaction consummated by you will be pursuant to an assignment of MPH’s Contract. Any unauthorized contact will be considered intentional interference with a Contract and may result in legal action being taken against you. Buyers are asked to perform their due diligence. MarketPro Homebuyers provides only estimated repair costs and property values. Buyers are responsible for the clean out of the properties and for paying all closing costs on the transaction. ***PLEASE NOTE THAT WE DO NOT COLLABORATE WITH OTHER WHOLESALE***

Verified — contract control only

The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.

$/sqft vs market

This deal$118/sqft
Market median$199/sqft
Difference41% below

Median of 12 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,437
Lot size
Year built1973
ConditionLight Rehab
OccupancyOwner Occupied
ParkingAssigned

Systems & condition

HeatingOther
Air conditioningWindow units
FoundationOther
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing0
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