🔥 Capitol Heights 3BD/1.5BA Townhome | $220K / $360K+ ARV | Finished Basement + Updated Mechanicals
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⭐ Property Features
- Home Type: Townhome
- Bedrooms/Bathrooms: 3 Bed / 2 Bath (1 full upstairs, 1 half on main level, 1 half in finished basement)
- Square Footage: 1,200 sq ft above grade, 600 below grade (approx. 1,800 sq ft total)
- Basement: Finished, ceiling height over 7 ft, includes half bath and laundry room with tile flooring
- Parking: Reserved parking spot in front of home
- Condition: Dated throughout, needs full cosmetic rehab; core mechanical systems in solid working order
- HVAC: Approximately 10 years old, heating and AC both functioning
- Plumbing: Good condition, repaired approximately 1 year ago (new garbage disposal and faucet)
- Roof/Structure: Roof approximately 5 years old; siding, roof, and gutters reported in good condition
- Windows: Original windows, not updated, 2 broken panes (master bedroom and one additional bedroom)
- Flooring: Older carpet throughout bedrooms and basement, dated
- Kitchen Features: Dated, cosmetic update needed
- Year Built: 1987
📍 Location Highlights
Located on a quiet street next to a park in Capitol Heights, this home sits minutes from Central Avenue and the Capital Beltway (I-495), with quick access into Washington DC. Strong rental corridor for the Prince George’s County submarket.
🔧 Investor Notes / Value-Add Potential
- Full cosmetic rehab needed (kitchen, baths, flooring, windows) with no major structural work required
- Roof (5 yrs), HVAC (10 yrs), and plumbing already in good working condition, reducing rehab scope
- Finished basement with legal ceiling height adds usable square footage and rental upside
- Asking $220K against a $360K+ ARV, wide spread to support fix-and-flip or buy-and-hold return
- Quiet, park-adjacent location strengthens long-term rental demand
- Recommended strategy: fix-and-flip or rental repositioning
💰 Investor Numbers
Asking Price: $220,000
ARV: $360,000+
EMD: $5,000
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COMPS:
1206 Castlehaven Ct, Capitol Heights, MD 20743 – $370k 10/22/26
5939 Applegarth Pl, Capitol Heights, MD 20743 – $353k 10/12/26 (2021 rehab)
5717 Falkland Pl, Capitol Heights, MD 20743 – $300k no basement, dated condition 7/21/26
ACTIVES:
1337 Upcot Ct, Capitol Heights, MD 20743 – active as is sale
1103 Castlehaven Ct, Capitol Heights, MD 20743 – active $329k no basement
📝 Access Policy
- To respect the seller and streamline the process, we prioritize buyers who provide a preliminary offer range, proof of buying criteria, or, when applicable, proof of funds.
- Showings are limited and offered only to buyers who indicate they are prepared to perform within reasonable proximity to the listed price expectations
📍 INVESTOR DISCLOSURES
- As always, we co-op with all agents
- All offers via our wholesale assignment contract (not a sale of equity).
- Cash / Hard Money / Private Money only.
- Proof of funds required.
- EMD: $5,000 within 24 hrs of contract acceptance.
- Closing with Lakeside Title Company.
- As-Is sale; buyer to perform due diligence
- Expected settlement: December 7th, 2026
CLICK TO MAKE AN OFFER
📞 Questions Before Submitting an Offer?
Contact our dispositions manager: