Property Description

Half-Acre Rancher With a Detached 2-Car Garage — Selling at Just 55% of ARV

209 Reliance Ave • Federalsburg, MD 21632

Potential 3BR | Move-In Ready | Half-Acre Lot | Detached 2-Car Garage

A Clean Flip With Multiple Ways to Add Value

A 1,371 sq ft rancher on a half-acre lot with a detached 2-car garage, priced at just 55% of ARV.

This is not a heavy rehab or a house full of unknowns. The property has been owned and maintained by the same family for more than 40 years and is move-in ready today. The opportunity is straightforward: update the kitchen and bath, modernize the finishes, convert the pass-through dining room into a third bedroom, and capitalize on strong resale demand for homes with land and garage space.

Whether you are looking for your next flip, BRRRR, or long-term rental, this is the type of project investors pursue — a manageable renovation with multiple built-in value drivers.

WHY THIS DEAL MAKES SENSE

55% of ARV

• Purchase Price: $136,500
• ARV: $250,000

The spread gives you room for renovation, holding costs, and profit. The scope is manageable and the home is already livable — this is not a race against the clock to stabilize a failing structure.

672 SqFt Detached 2-Car Garage

A full-size detached garage with additional storage area on a residential lot. For the end buyer, this is a premium feature — workshop space, vehicle storage, hobby space, or equipment storage. It is already built, already standing, and already adds value you do not have to create.

Half-Acre Lot

Over 21,000 sqft of land on a residential street in Federalsburg. The lot offers space, privacy, and flexibility. For a retail buyer or a tenant, that kind of outdoor space is a selling point — especially in a small-town market where buyers expect room to spread out.

Hardwood Floors Already In Place

New hardwood flooring was installed in the kitchen and hallway in May 2026. Original hardwoods remain in the living room. You are starting the renovation with quality flooring already down — not a cost you need to budget for in those rooms.

Convertible to 3 Bedrooms

The current dining room functions as a pass-through room and can be converted to a 3rd bedroom. A 3-bedroom layout significantly broadens the buyer pool and commands a higher comp at resale than a 2-bedroom in this market.

Move-In Ready Condition

The home is livable today. Recent painting, new flooring, 40+ years of single-family care. It needs modernization — kitchen, bath, fixtures, finishes — but you are updating a maintained home, not gutting a neglected one.

INVESTOR NOTES

• Kitchen and bathroom need updating
• Fixtures and finishes dated throughout
• Dining room convertible to 3rd bedroom
• No basement — crawl space only
• Lockbox on property — access available
• Sold as-is
• Buyer to verify all measurements, condition, permits, and renovation costs

PROPERTY HIGHLIGHTS

• 2 Bedrooms / 1 Bathroom (easily convertible to 3 BR)
• 1,371 sqft — single-story rancher
• Half-acre lot (0.50 acres / 21,964 sqft)
• 672 sqft detached 2-car garage with additional storage area
• New hardwood flooring in kitchen and hallway (May 2026)
• Original hardwood flooring in living room
• Eat-in kitchen
• Dedicated laundry area
• Recent interior painting
• Single-family detached
• Public water + sewer
• R-2 Zoning (Single/Two Family Residential)
• Built: 1961
• Caroline County — Federalsburg, MD 21632

THE NUMBERS

• ARV: $250,000
• Price: $136,500
• ~55% of ARV

📈 Comps & Market Data: https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=54875919001

If multiple offers are received, we will request best and final from the top buyers only.

Cash or hard money. Closing with RESE Title. 45-day close.

Submit Offer Here