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… Read More 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. Read Less
Courtesy of David Alvarado, Fairfax Realty Premier [email protected]
Listing Snapshot
Days Online
3
Last Updated
Property Type
Single Family Residential
Beds
6
Full Baths
4
Square Ft.
3,374
Lot Size
0.29 Acres
Year Built
1915
MLS Number
MDBC2136600
30 Days Snapshot Of 21227
$335k
+15%
(avg) sold price
23
0%
homes sold
8
-52%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Connecting Stairway, Interior Access, Poured Concrete, Sump Pump, Unfinished, Water Proofing System
Building
3,374 sqft living area, 3,374 sqft above grade (finished), 1,384 sqft below grade (unfinished), Built in 1915, Structure Type: Detached, 4 levels, Colonial, Concrete, Metal Siding, Stone, Vinyl Siding
Cooling
Electric, Window Unit(s)
Foundation
Stone, Slab
Heating
Natural Gas, Radiator
Lot
12,500 sqft, Lot Size Dimensions: 1.00 x, 0.29 acres
Property
Other Structures: Above Grade, Below Grade
Sewer
Public Sewer
Taxes
County Tax: $4,195, County Tax Pymnt Freq: Annually, Tax Annual Amount: $4,195, Tax Year: 2024
Utilities
Hot Water: Natural Gas
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