Investor Alert – New Construction Property Flip -Over $150,000 in Profit | New Construction Opportunity | One Block from Washington, DC. This new constucction property is 50% completed and sold as is, about $80,000 needed to finish construction after purchuse. Exceptional investment opportunity just one block from Washington, DC. This new construction project is already well underway with permits approved, utilities installed, foundation completed and inspected, plumbing groundworks completed and inspected and framing almost done. Upon completion, the property will feature a 3,000 sq ft, two-level home with 6 bedrooms and 3 bathrooms, designed as a two-unit style layout ideal for multi-generational living or rental income. Each level will include approximately 1,500 sq ft of living space, featuring: 3 spacious bedrooms 1–2 full bathrooms Full kitchen Living room Laundry area Separate entrances and exits for each level Large Driveway for 2-3 cars. This flexible layout allows an owner to live in one unit and rent the other for strong cash flow, or rent both levels for maximum investment return. The property sits on a flat, cleared lot on a quiet suburban street, offering privacy while still being steps from the DC boundary. Project Status & Investment Highlights: SOLD AS IS Permits active and current Foundation completed and inspected Plumbing groundworks completed and inspected Framing will be delivered completed No stop-work orders Floor plans and permits available Estimated construction completion: 4–5 weeks Estimated Costs to Complete: Approx. $80,000-$100,000 to finish construction Buyers may bring their own contractor or use the current construction team to complete the build. Projected Value: Comparable new construction homes in the area are selling for approximately $600,000, creating the potential for over $150,000 in equity upon completion. Property sold as-is with active permits and approved plans, foundation and plumbing done only. No HOA or HOA Rules. Several blocks from metro. All information and project documentation available for verification. Cash, Hard Money or Construction Loans Only.
92 days
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461
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29
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Zillow last checked:
Listing updated:
Listed by:
Alicia Hines301-523-8781,
Taylor Properties301-970-2447
Source: Bright MLS,MLS#: MDPG2199906
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 1
Main level bedrooms: 3
Basement
Area: 0
Heating
Central, Electric
Cooling
Central Air, Electric
Appliances
Included: Electric Water Heater
Features
Has basement: No
Has fireplace: No
Interior area
Total structure area: 3,000
Total interior livable area: 3,000 sqft
Finished area above ground: 3,000
Finished area below ground: 0
Property
Parking
Parking features: Driveway
Has uncovered spaces: Yes
Accessibility
Accessibility features: None
Features
Levels: Two
Stories: 2
Pool features: None
Lot
Size: 5,750 Square Feet
Details
Additional structures: Above Grade, Below Grade
Parcel number: 17182065852
Zoning: RSF65
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence
Materials
Advanced Framing
Foundation: Concrete Perimeter
Condition
Excellent
New construction: Yes
Year built: 2026
Utilities & green energy
Sewer: No Septic System
Water: Public
Community & HOA
Community
Subdivision: Capitol Heights
HOA
Has HOA: No
Location
Region: Capitol Heights
Municipality: Fairmount Heights
Financial & listing details
Price per square foot: $110/sqft
Tax assessed value: $28,700
Annual tax amount: $531
Date on market: 4/20/2026
Listing agreement: Exclusive Agency
Ownership: Fee Simple
Alicia Hines
Alicia Hines
(301) 523-8781
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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