$590,000
$585,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
2,516 SqFt
SOLD DATE : 01/18/2024
Key Details
Sold Price $590,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,516 sqft
Price per Sqft $234
MLS Listing ID MDMC2114712
Sold Date 01/18/24
Style Colonial
Abv Grd Liv Area 1,716
Originating Board BRIGHT
Year Built 1954
Annual Tax Amount $9,225
Tax Year 2022
Lot Size 5,981 Sqft
Acres 0.14
Property Description
Nestled in the vibrant DC/Maryland region, and just a stone's throw away from the DC line, this multi-unit property is strategically positioned for unparalleled growth and prosperity. The options are endless...convert to condos, turn this property into a single-family home with full apartment in lower level, or add to your real estate portfolio while enjoying the perks of being near the economic powerhouse of the nation's capital. This 3 unit building in Takoma Park (rent stabilization area), is fully rented and never goes empty. Low maintenance solid brick building with replacement windows, nearly new roof, several major mechanical updates recently and a lower level unit recently rehabbed. The seller has full ROI information , inspections & leases for the next owner's consideration. This building has two 2-bedroom units and one 1-bedroom unit. Due to current tenants' occupancy please schedule well in advance for viewings. Minimum 24 hours notice is required. Please be prepared to confirm your financial purchasing ability prior to any approved appointments. Now is the time to capitalize on this exceptional investment opportunity. Secure your foothold in the Maryland real estate market and set the stage for a prosperous future. Contact us now for a private showing. Don't miss out on this golden opportunity to redefine your investment portfolio in one of the best areas for real estate in the world.
Location
State MD
County Montgomery
Zoning R20
Rooms
Basement Outside Entrance, Partial
Interior
Interior Features Dining Area, Carpet, Floor Plan - Traditional, Formal/Separate Dining Room, Wood Floors
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Flooring Carpet, Ceramic Tile, Hardwood
Fireplaces Number 1
Equipment Exhaust Fan, Refrigerator, Stove
Fireplace Y
Window Features Double Hung,Double Pane
Appliance Exhaust Fan, Refrigerator, Stove
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Available
Waterfront N
Water Access N
Roof Type Asphalt
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Montgomery County Public Schools
Others
Tax ID 161301063387
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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