7802 Kennewick Ave, TAKOMA PARK, 20912

Multi-Family - Detached, Quad For Sale in TAKOMA PARK

$550,000

Beds
Baths
Sqft
.17Acres
1954Built
17DOM
MLS® #: MDMC660430
Pending, 17 Days on Market

4 Self Contained Units Close around the corner from the coming Purple Line station and in the City of Takoma Park with sought after schools, and recreation! All brick w/4 x 2 BR units each completely self-contained with own heating and CAC Cooling system, hot water heater, and tenants pay all utilities except water/sewer. Off-street parking, 2 units have wood floors and 2 have carpet over wood. All are licensed with the County and regularly inspected by them. Each Unit has a table space kitchen/dining room, separate living room, and two separate bedrooms with a bathroom in between them. They have shared hallways and separate back entrances to each unit. It's around the corner from multiple shopping centers and a future Purple Line Station/bus station. Ideal for an investor or owner occupant (vacant units to choose from). Based on income and expenses it has a 7.55% Cap Rate. This is a sought after rental area and the owners do not need to advertise for tenants as they come word of mouth. Sellers are happy to rent some units for you or provide details of interested parties. Possible for an owner occupant using the VA/FHA multi-family loan program too. More details & Photos @www.7802KennewickAve.com Potential Gross Income: $58,260 Each Unit has own water heater and tenant pays for hot water Cap Rate 7.55% Property Taxes: FY 19 $78024 Self Contained 2BR Units Each unit has CAC! Wood floors in some units. Unfinished basement. Around Corner from Bus Station! Future Purple Line Station to be Open 2022!Walk to Grocery, Restaurants & Other Stores! Off-Street Parking. Back Porches for Tenants Takoma Park City Schools! Subject to Tenant, City and County Right of Refusals

Price & Status History

Date Details
Status Changed from Active Under Contract to Pending
Status Changed from Active to Active Under Contract

Essential Information

MLS® #: MDMC660430
Price: $550,000
Bathrooms: 0.00
Acres: 0.17
Year Built: 1954
Type: Multi-Family
Sub-Type: Detached, Quad
Style: Colonial
Status: Pending

Community Information

Address: 7802 Kennewick Ave
Subdivision: TAKOMA PARK
City: TAKOMA PARK
County: MONTGOMERY-MD
State: MD
Zip Code: 20912

Amenities

Utilities: Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available, Natural Gas Available
Parking: Paved Parking, Private
View: City, Street

Interior

Interior Features: Floor Plan-Traditional
Appliances: Refrigerator, Oven/Range-Gas
Heating: Forced Air
Cooling: Central A/C, Zoned
Has Basement: Yes
Basement: Partial, Walkout Stairs, Rear Entrance, Outside Entrance, Unfinished

Exterior

Exterior: Brick and Siding
Exterior Features: Sidewalks, Street Lights, Exterior Lighting, Brick Porch
Windows: Double Pane
Roof: Asphalt
Foundation: Concrete Perimeter

School Information

District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary: TAKOMA PARK
Middle: TAKOMA PARK

Additional Information

Date Listed: May 26th, 2019
Days on Market: 17
Zoning: R20
Property Taxes: $7,631
Condo Coop Fees: $0

Listing Details

Listing Office: Long & Foster Real Estate, Inc.

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Listing information last updated on September 17th, 2019 at 1:15pm EDT.