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Takoma Park MD Real Estate & Commercial for Sale

2 Properties Found

The median home value in Takoma Park, MD is $530,000. This is higher than the county median home value of $465,000. The national median home value is $266,648. The average price of homes sold in Takoma Park, MD is $530,000. Approximately 49% of Takoma Park homes are owned, compared to 43% rented, while 8% are vacant. Takoma Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Takoma Park real estate agent to arrange a tour today!
Learn more about Takoma Park Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDMC747344
Type:
Apartment Building
Subdivision:
Wheaton Outside
Lot size:
0.2 Acres
Year built:
1949
Courtesy: Compass
View additional info

Excellent investment opportunity in quaint Takoma Park Maryland! The all brick colonial building located on a corner lot is comprised of 6 units, 2/1BR, 2/2BR, and 2/3BR. The 2/2BR located on the top floor were renovated in 2013. All units have separate electric meters and tenants pay for a/c & heat. Hot water new 2015. Wood floors, windows, and roof are in good condition. Off-street parking plus 6 assigned parking spaces. 2 units have a private outside entrance. Additional income from coin-op laundry. The building has a limited lead-free certificate- no turnover testing required. Grab this opportunity and add value to this multi-family property in a great location. Easy access to all DC area, near 2 Metro stations, restaurants, retail, schools, parks, and more.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDMC746360
Type:
General Commercial
Lot size:
0.11 Acres
Year built:
1920
Courtesy: Long & Foster Real Estate, Inc.
View additional info

Imagine owning a part of history that produces good cash flow with the potential for more! Here is a great opportunity to own a unique circa 1920 Arts and Crafts style property in the heart of the Historic District of the City. This Commercial property has 6 residential rental units (2 x 2 BR, 3 x 1BR & 1 efficiency) and over 3,000 square feet of space, and 1 retail store with 1100 square feet of space on 2 levels. Gross Income $108,423 per year - ask agent for details. It's just a half-mile stroll to Takoma Metro Station and nearby restaurants and stores are located all around you. Enjoy the July 4th parade from the front porch and the Takoma Street Festival in front of your door. Tenants love it here with so much to do and with easy access into nearby Washington, D.C. Tenants pay electricity which is the source of heating and cooling for A/C units. The shop has CAC. Owner pays water/sewer and hot water. Contact agent for income/expense details. The sale is subject to the Tenant, City, and County's first rights of refusal. Showings restricted due to COVID. Please review floorplans & unit photos & income/expense obtained from a helpful agent. Great potential here for long-term cash flow in a high-demand area. Photos and Tour at the website link.

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