Three acres centrally located. Close to National Harbor, Andrews AFB, and Waldorf. This is a 1 bed 1 bath home. Would need a full rebuild or tear down and start over. Keep one wall with new construction and home is grandfathered. No new home construction tax. Just a renovation. City water available. Need new septic for larger home. Comcast and Verizon FIOS serviced. Prince Georges County Maryland assesses property at 100% of value. Property is currently assessed at $118,633. Purchase for $65,000 and you have instant equity. You can use the value of the property to get a home equity loan with cash out. I would consider a short term 3-6 month) land contract if you don't have the cash to purchase. With good credit, a home equity loan for the property would not be hard to obtain. Recommend making some repairs on the home or building new as property insurance is difficult to obtain after the first year. Email me if you have questions. I have cameras on the property and ask you do not leave the driveway unless you make prior arrangements.
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