Property Details

bedrooms |
full baths
0.11 ACRES
Year Built: 193
PENDING
Fantastic opportunity to own a 6 unit apartment building! 5 one bedroom units and 1 studio. Completely occupied - starting generating cash immediately! This is a great long term investment. The building features a very low vacancy rate and expenses. All systems are in excellent shape. 7.3% CAP RATE - Positive Cash Flow! Long Term Stability- Purple Line Light Rail Transit is projected to be complete in 2020! It will provide a direct connection to the Metrorail Red, Green and Orange Lines; at Bethesda, Silver Spring, College Park, and New Carrollton. The Purple Line will also connect to MARC, Amtrak, and local bus services
Property Details
MLS #
MDMC649844
Property Type
Commercial Sale
Listing Status
PENDING
Listing Price
$549,900
Year Built
193
Lot Acreage
NA
Subdivision
City
TAKOMA PARK
County
MONTGOMERY
Water Source
Public
Sewer
Public Sewer
Zoning
R10
Exterior Details
Home Type
Parking
None
Interior Details
Interior Space
sq ft
Heating
Natural Gas - Radiator
Cooling
Electric - Heat Pump(s)
Hot Water
Natural Gas
Accessibility Features
Other,None
Financial Details
County Tax
$9,521.00
Refuse Fee
$96
Special Tax Assessment
$0
Tax Year
2018
Total Assessment
$570,400
Total Taxes
$9,521
Listing Courtesy of
Listing Office
Coldwell Banker Residential Brokerage
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Listings provided by Bright MLS from various brokers who participate in IDX (Internet Data Exchange). Information deemed reliable but not guaranteed.

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