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
|Status Changed from Active Under Contract to Pending||–|
|Status Changed from Active to Active Under Contract||–|
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Listing information last updated on September 17th, 2019 at 1:15pm EDT.