$ 589,000
-
$589,000
Price -
3
Bed -
1
Bath -
1,254
SqFt
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About the Listing CCRL10 - 3349331
Investor and value-add opportunity in the desirable Four Corners neighborhood! This 1938 Colonial offers 3 bedrooms, 1 full bathroom, hardwood flooring, a traditional fireplace, partially finished basement with rear access, unfinished attic space, attached garage, driveway parking, and an approximately 0.18-acre lot. The true potential of this property lies in the opportunity to renovate, expand, and reimagine the existing footprint. Neighboring homes have undergone substantial renovations and additions, creating additional living space, modernized layouts, and significant transformations from their original designs, therefore creating the potential for a strong after-repair value (ARV) when properly renovated. Potential concepts to explore include a rear extension or addition, securing and enclosing the existing side porch to incorporate additional interior space, and potentially adding a level above portions of the existing home that could connect with a rear addition. The basement and attic provide additional opportunities to consider as part of a comprehensive renovation strategy. Bring your vision and explore the potential to transform this property into a larger, modernized home while maximizing its value in an established neighborhood. All renovation, expansion, and ARV concepts are suggestions only; buyers should perform their own due diligence regarding comparable sales, zoning, permits, setbacks, structural feasibility, and county requirements.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Heat Pump(s)
- Fireplaces: 1, 1 Fireplace
- Floor: Hardwood
- Above Ground Sq Ft: 1254
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Rear Entrance
- Other: Attic
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 3
- Zoning: R60
- Roof: Architectural Shingle
- Others: Below Average
- Sewer: Public Sewer
- Parking Features: Additional Storage Area,Garage - Front Entry,Attached Garage,Driveway,On Street,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $6,707
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
207 Lexington Dr Silver Spring, MD 20901
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