Takoma Park MD Real Estate & Commercial for Sale

This Brick and Stucco Tudor Style detached multifamily is in a great location on a quiet cul-de-sac next to Long Branch Park trail and yet just a block from Carroll Avenue leading to downtown Takoma Park Historic Area Restaurants and Stores one way, and Takoma/Langley future Purple Line station and shopping Mall in the other. Buses in all directions and close by Columbia Union University. This is a hot location that renters desire. Easy to rent with 5 one-bedroom units and 2 large studios; all completely self-contained with own bathrooms and kitchen. Better still it is outside of the City limits so not subject to the Rent Stabilization Law and is in fact in unincorporated Montgomery County. It features common gas hot water radiator heating; the best type that tenants love. There are two gas-fired hot water heaters, and the electric box has been upgraded to a circuit breaker. There's a separate laundry room in the basement with leased machines and rental income averages $300 per quarter. There's parking for 7 cars in the rear of the property and more out front. It's a pretty lot with a grassy area and hedge in the rear with room for tenants to stroll and just 50 yards away is the Long Branch Park trail that runs in both directions for jogging/walking. All units currently rented and room for future improvements with unfinished attic space and balcony not currently in use. They were all inspected in April 2019 by Montgomery County and passed. 3 units are recently completely remodeled and the seller has spent 100K in recent improvements/repairs. Gutters and downspouts are new. Here is a great opportunity to get into the multi-family housing market in a pleasant location where you are able to set market rents in the future. Estimated Property Taxes 2019 $7,470.73 Year Built 1934 Lot Size: 10,076 square feet Zoning: R10 - Multi-family gross Income 2018 $88,391.437 separate licensed units Off-street parking for 7 cars Close to Park w/trails Near to Bus Stop Gas Radiator Heating Mostly Thermal Windows Recent Updates! Not Subject to Takoma Park Rent Stabilization Law

FANTASTIC six (6) unit building opportunity located in Takoma Park (Montgomery County). Nestled away in a cul-de-sac with other apartment buildings; this building overlooks Rock Creek Parkway, close proximity to shopping, and major routes to DC/VA. 100% occupied with WAITLIST vacancies! Perfect opportunity to generate additional income by adding washer/dryers in the basement and storage room facilities in the attic!

MEDICAL Condo FOR SALE. Shows very well. There is a 4~ wide main entrance door and a 2nd entrance for employees. Contains a large patient waiting room, reception desk, 4 existing exam rooms (could create more), 4 offices, lab with sink, kitchenette with sink, 2 half bathrooms, admin. area, closets, small IT room and HVAC. Current lease expires 12-31-19 when new owner occupant can occupy, negot.