Recently renovated 14-unit apartment building with major capital improvements just completed. Approximately 90% of the electrical service and plumbing systems have been replaced. The property also features a new roof, new flooring throughout, and fully updated kitchens. Each unit is equipped with new mini split heating and air conditioning systems,… Read More providing efficient and modern climate control for tenants. The building is now entering stabilization. There are currently two vacant units, offering an immediate opportunity for a new owner to increase rental income and bring the property closer to its full potential. The property is currently generating $14,650 in monthly rental income, presenting investors with a turnkey multifamily asset with significant recent upgrades and minimal deferred maintenance. Read Less
Courtesy of Roberto G. Gonzalez, RG Realty, Inc. 240-203-6393
Listing Snapshot
Days Online
135
Last Updated
Property Type
Commercial
Square Ft.
12,240
Lot Size
0.14 Acres
Year Built
1905
MLS Number
MDWA2034784
Additional Details
Building
Built in 1905, Construction Materials: Block, Brick
Cooling
None
Accessibility Features
None
Heating
Baseboard - Electric
Lot
0.14 acres
Sewer
Public Sewer
Taxes
Annual Amount: $1,584, Year: 2025, Zoning: RMED
Utilities
Water Source: Public
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