About 712 61st Ave
$200,000 in Equity -Shovel Ready -Permit Ready Lot -Multi-Generational New Construction House (All Permits and Floor Plans Approved) -Break ground now. Public utilities also already approved. NO HOA. Established community and blocks from Washington, DC and metro.
We are selling the land with building permit and approved floors plans only.
Nearby sold new construction comps start at $600,000 so land, plus construction leaves you about $200,000 in equity to profit.
Bring your own contractors or use our guys, we have a full construction crew on stand by if you need our contractors to build this house for you at cost. Just ask. This house can be built for about $260,000 -$275,000 dollars. That will leave you with $200,000 in equity for your profit.
Land is flat and already cleared, silk fence set up and ready to start construction.
All utilities are approved and ready to go. Public water/sewer/electric and gas available at lot. Construction time frames are 2-3 months if our guys do the work.
The approved floor plan is for a 4 or 5 bedroom house with 3.5 bathrooms, about 3,000 Sq feet and 2 car garage.
Drive By and take a look- We do have a list of construction loan lenders if you need that. But, land must be purchased with cash. SOLD NEW CONSTRUCTION COMPS ARE 6219 L STREET and 6217 L Street, Captiol Heights, MD 20743 for $595,000 each and 6214 L street, capitol heights, MD sold for $650,000. This proves equity and value.
