OFF MARKET IVERSON SQUARE TURNKEY 2 BED TOWNHOUSE! – $110K BUY IT NOW!

$110,000 • 2 Beds / 1 Baths • 768 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1950
  • 768
  • No Garage

Description

Address: 2719 Iverson St, Hillcrest Heights, MD 20748

Bed / Bath Count: 2 Bed / 1 Bath

Property Type: Interior Townhouse – Iverson Village (Prince George’s County)

Sq Ft: 768 Sq Ft Above Grade (2-Story Layout)

Year Built: 1950

Mechanicals / Highlights:

Central A/C, true turnkey condition requiring minimal upfront work, efficient 2-story layout, strong rental demand in Iverson Village community, low-maintenance ownership with condo association covering major utilities and exterior services, ideal for buy-and-hold investors seeking immediate cash flow.

ARV: $150,000+

Start Price / Buy It Now:

$105,000 Start Price

$110,000 Buy It Now

Rental Comps:

• 2533 Iverson St – Rented $1,917/month (12/1/25)

• 2504 Iverson St – Rented $2,000/month (10/24/25)

Sales Comps:

• 2745 Iverson St – Sold $149,000 (4/28/25)

• 2816 Iverson St – Sold $155,000 (7/25/25)

• 2822 Iverson St – Sold $150,000 (6/16/25)

Condo Fee:

$398/month (covers parking, water, sewer, snow removal & trash)

Investment Notes:

Rental comps support ~$1,900+/month, offering a strong rent-to-price ratio for immediate cash flow. Comparable sales in the $150K range validate ARV and long-term upside.

Low entry price for a turnkey unit makes this an ideal addition to a rental portfolio with minimal renovation risk and consistent demand in a commuter-friendly PG County location.

Estimated Spread

  • ARV $150,000
  • Price $105,000
  • Spread $45,000