308 PATTERSON Court
Takoma Park, 메릴랜드 20912 미국

$925,000
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Long & Foster Real Estate, Inc.

Listing Courtesy of Long & Foster Real Estate, Inc.
.23 에이커
외장
다세대
부동산 유형
1934
설립연도
MDMC667398
웹 ID
MDMC667398
MLS ID
Montgomery County Public Schools
학군
Rolling Terrace
초등
Silver Spring International
중등
Montgomery Blair
고등

부동산 소개 308 PATTERSON Court

This is 7 units (not 4) - 5 x 1BR and 2 efficiencies. 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 circuite 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. 6.47% cap rate. 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.

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PROPERTY INFORMATION

Appliances
Refrigerator, Stove
Basement
Partial, Side Entrance, Walkout Stairs, Full, Windows
Cooling
Window Unit(s)
Heating
Radiator
Parking Description
Assigned
Sewer
Public Sewer

EXTERIOR

Exterior Features
Sidewalks, Street Lights, Exterior Lighting
Roofing
Asphalt

INTERIOR

Flooring
Carpet, Wood, Ceramic Tile
Interior Features
2nd Kitchen, Attic, Dining Area
Listing Courtesy of Long & Foster Real Estate, Inc.
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