$520,000
$475,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
2,045 SqFt
SOLD DATE : 11/09/2023
Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,045 sqft
Price per Sqft $254
MLS Listing ID MDMC2101440
Sold Date 11/09/23
Style Colonial
Abv Grd Liv Area 1,305
Originating Board BRIGHT
Year Built 1938
Annual Tax Amount $6,618
Tax Year 2022
Lot Size 4,949 Sqft
Acres 0.11
Property Description
Deal fell through just a few days before closing - second chance for investors! Please ignore Days on Market while property went through probate because it's an Estate sale. Your opportunity to own three occupied units at a bargain price. No delinquencies. Three units are paying as follows: Unit One - 2 BR, 1 bath, Unit 2 - 1 BR, 1 bath, Basement - 2 BR, 1 bath - Basement unit tenant rents the garage - rent for garage is going up in September. Tenants are NON-smokers, No pets. Currently, building managed at 5%/month. Gas and electric paid by tenants; electric is separately metered. Gas and water bill divided by number of tenants.
Location
State MD
County Montgomery
Zoning R10
Rooms
Basement Daylight, Partial, Full, Heated, Improved, Outside Entrance, Partially Finished, Side Entrance, Space For Rooms, Sump Pump, Walkout Stairs, Windows
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Flooring Hardwood, Laminate Plank
Fireplaces Number 1
Fireplace Y
Heat Source Natural Gas
Exterior
Garage Garage - Front Entry
Garage Spaces 2.0
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront N
Water Access N
View Garden/Lawn
Roof Type Asphalt
Accessibility None
Parking Type Driveway, Detached Garage, On Street
Total Parking Spaces 2
Garage Y
Building
Foundation Block
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 161301006104
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Exchange, FHA, FHA 203(k), FNMA, Private, VA
Listing Terms Cash, Conventional, Exchange, FHA, FHA 203(k), FNMA, Private, VA
Financing Cash,Conventional,Exchange,FHA,FHA 203(k),FNMA,Private,VA
Special Listing Condition Standard
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Bought with Katina Nicole Benenate • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "