Property Description:
≈7,000 sq ft lot (50’ x 140’) with two structures:
- Main house: 2/1, ~1,250 SF, newer metal roof still shining.
- 3-car garage: power & water, newer TPO roof.
The home needs a full update (~$40K) if you want to fix and flip. With new ADU zoning, the garage structure presents real potential as an Accessory Dwelling Unit for family or income.
Highest and best use is new construction—surrounded by $1M–$1.35M+ sales of modern houses on similar-sized lots. The neighborhood continues to appreciate, with strong schools, a great community feel, steps to Dubsdread, and close to Park Ave, College Park retail, and major corridors.
The home needs a full update (~$40K) if you want to fix and flip. With new ADU zoning, the garage structure presents real potential as an Accessory Dwelling Unit for family or income.
Highest and best use is new construction—surrounded by $1M–$1.35M+ sales of modern houses on similar-sized lots. The neighborhood continues to appreciate, with strong schools, a great community feel, steps to Dubsdread, and close
Nearby land listings (≈0.15–0.32 acres) are asking $349K–$669K, while this parcel (with structures) is offered at $325K—a compelling land-value play with solid exit comps.
Rehab Angle:
3601 Midiron & 305 Niblick are active at ~$500 per square foot, which places this property’s rehab potential near $625K. Even at a conservative $400 psf, the value supports ~$500K. The 3-car detached garage with utilities offers further upside if converted to an ADU, boosting resale and rental potential.