12507 Atherton Dr, Silver Spring, MD 20906

IMPORTANT: This house is not for flipping. Buy & hold, only. No discount for reselling. It's sold at fair market price only, assessed by 4 major real estate agencies, as it follows: Keller Williams Realty had the highest appraisal at $445K, Compass: $425K, Redfin: $420K, Long & Foster: $430K. All of these agencies sent their agents to check out the house and assess it's sale price. Contracts were prepared but we have not signed any contracts with any of those 4 agencies mentioned. It's a great rental property investment. Generates $4,000-$4,200 per month in rent income if both floors are rented out separately. Also, should the owner reside at the property themselves, they would have the option to rent out the finished basement, as a 2-bedroom apartment, for $1,500-$1,700 per month which will drastically lower the monthly house payments. [][][] NOTE: Five-year seller financing with a $75K down payment, 5% interest and a 20-year amortization, is available to qualified buyers. [][][] Needs new windows, interior painting, carpets and maybe some remodeling of the kitchen and the main bath room. Similar house at 12513 Atherton Drive, less than 50 yards from our house, sold a couple of weeks ago for $498K. Well over $15,000 worth of useful household items and appliances are included with the sale of our house. An example of these items are: Westinghouse washer and dryer, Two refrigerators, gas range, microwave oven, a large and small TV sets, 14,000 BTU portable air conditioner, LG dehumidifier, brand new (never used) Total Gym exercise equipment which cost $1400, large dining table with six chairs, all in good shape, usable sofa and love seat with three glass-top tables, 2 queen-sized beds, in excellent condition, 3 other smaller beds, in good shape, water heater and central heat furnace, they too are in pretty good shape, some storage shelving and many other miscellaneous items.