incredible owner/investor opportunity! Currently fully occupied, TENANTS PAY UTILITIES . The subject property is located in the County, NO CITY TAXES, on the southeast side of Virginia Ave. (Rt.11) NESTLED IN WOODED AREA IN REAR. Popular neighborhood with a superior location to any comparable property in the area. The subject property is composed by multiple structures on site as follows: (3) three separated buildings on the 1.31 acres, ZONED COMMERCIAL JUST AROUND THE CORNER FROM VALLEY MALL. totaling 5 units. FULLY LEASED $7,377 A MONTH. This is a quite an opportunity to invest in rental properties all in one location. BUILDING #1 is the original structure. It is a converted single family house containing 3 UNITS as follows: 1/2 DBL with 3 bedrooms one bath, currently rented for $1,850.00 Two BEDS, One BATH #1 1st FLR, currently rented for $ 950.00 Two BEDS, One BATH #2 2nd FLR, currently rented for $1,000.00 BUILDING #2 consist of a large one story Ranch style single family home with a 20' utility room/storage area, with electric baseboard heat currently leased for $1400.00 a month. BUILDING #3 on the rear of the property, a frame design two levels home, currently leased for $2,200.00 In addition, there is a Cinder/block two car garages that can be rented separately for an additional income. All buildings are generally in good condition and functional. There is a large parking area in the center of the property to accommodate the tenants and visitors vehicles. Property offers easy ingress/egress off Virginia Ave. This market area continues to grow with no evidence of any pending change.
MDWA2012504
Apartment Building
WASHINGTON
1870
1.31
Acres
Electric Water Heater, Public Water Service
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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