LEGAL 4 Unit with 1 vacancy!
Great opportunity to buy as an owner occupant and let the tenants help you build equity! Individually metered for gas and electric, 4 separate entrances, coin laundry, and room to add value and increase NOI through renewals and renovations. There are 2 - 1bd/1bth units and 2 - 2bd/1bth units. In place tenants have been at the property for many years and have signed extensions through 2025 and 2026. The property has been well maintained over the years and had its first vacancy in over 8 years. The unit is in good condition and requires minimal work to prepare for leasing to a new resident. Rents: 1A - 2bd/1bth - leased for $1150/mo 1B - 2bd/1bth - leased for $1175/mo 2A - 1bd/1bth - vacant 2B - 1bd/1bth - leased for $1,100/mo Gross potential income by taking units to market rents of over $5000/mo + other income. Plenty of on-site parking and great access for residents to the Marc Station, Route 1 and 695. Good history of renting and potential to be a stable long term investment for the next owner.
3,374 Sq Ft
0.29 Private Acres Exterior Space
Other
$4,195 Annual Tax
Built in 1915
MLS/Listing ID MDBC2136600
Style - Colonial
Construction - Vinyl Siding
Construction - Stone
Construction - Metal Siding
Construction - Concrete
Cooling - Window Units
Stone
Slab
Heating - Natural Gas
Listing Courtesy of FAIRFAX REALTY PREMIER, DAVID A ALVARADO - 240-997-9506
Source of Data: BRIGHT MLS
TOTAL MONTHLY COST
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All information deemed reliable but not guaranteed. Last date updated: 08/31/2025.
Source: Bright Multiple Listing Service, Inc.
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