Turnkey 17-Unit Multifamily Investment | Fully Occupied | Renovated | Ideal for 1031 Exchange Rare opportunity to acquire a fully stabilized 17-unit multifamily asset consisting of four buildings. The property is 100% occupied and producing consistent rental income, making it an excellent option for investors seeking a stable, income-producing property… Read More or a potential replacement asset for a 1031 exchange. With extensive renovations already completed and professional management in place, this property offers a low-maintenance investment with immediate cash flow and long-term hold potential. Property Highlights Unit Mix (8) Two-Bedroom Units (8) One-Bedroom Units (1) Four-Bedroom Single-Family Home Stabilized Income All units are fully leased with strong occupancy, providing dependable rental income from day one. Major Capital Improvements Completed Extensive upgrades throughout the property include: New metal roofs on all buildings with a 30-year warranty Modernized interiors with LED recessed lighting, waterproof laminate flooring, updated trim, and redesigned kitchens Updated kitchens featuring premium cabinetry, countertops, and select stainless-steel appliances New septic system installed Improved landscaping and paved parking lot Investor Advantages Lead-free certification Professionally managed for a smooth ownership transition Significant capital improvements already completed Located in the county with no city taxes Positioned in a quiet county setting with convenient access to regional amenities and commuter routes, the property continues to support strong tenant demand and long-term occupancy. This fully occupied, stabilized multifamily asset is well-suited for investors seeking reliable income, portfolio growth, or a potential 1031 exchange replacement property. Read Less
Courtesy of Krystal Stewart, RG Realty, Inc. 240-203-6393
Listing Snapshot
Days Online
49
Last Updated
Property Type
Commercial
Square Ft.
9,859
Lot Size
2.72 Acres
Year Built
1973
MLS Number
MDWA2034974
Additional Details
Building
Built in 1973, Built in 2024 (effective), Construction Materials: Combination, Frame, Vinyl Siding
Cooling
Window Unit(s)
Accessibility Features
None
Heating
Baseboard - Electric
Lot
2.72 acres
Parking
Paved Parking
Property
Excellent
Sewer
On Site Septic
Taxes
Annual Amount: $7,801, Year: 2025, Zoning: RV
Utilities
Water Source: Well
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