$505,000
$499,900
1.0%For more information regarding the value of a property, please contact us for a free consultation.
1,820 SqFt
SOLD DATE : 08/14/2023
Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,820 sqft
Price per Sqft $277
Subdivision Damascus Manor
MLS Listing ID MDMC2099372
Sold Date 08/14/23
Style Colonial
Abv Grd Liv Area 1,820
Originating Board BRIGHT
Year Built 1956
Annual Tax Amount $4,631
Tax Year 2021
Lot Size 0.650 Acres
Acres 0.65
Property Description
Rare opportunity for an affordable multi unit property in Montgomery County! Beautiful brick building, well maintained since the 1970’s. Comprised of 3 apartments - 2 two bed one bath, 1 one bed one bath. Ideal location on a quiet street, with parking lot and huge yard for common use. Nestled right near the high school, near bus stops, and close to major shopping for optimum proximity. Upstairs tenant pays $1500 until April, downstairs long term tenant and basement tenant are month to month. Plenty of room to raise rents. Upstairs apartment was recently renovated, downstairs apartments are clean and well preserved. Tenants share common laundry space in basement. This is a gem for any investor! Priced below appraised value. Please note that property is zoned commercial.
Location
State MD
County Montgomery
Zoning R200
Rooms
Basement Other
Interior
Hot Water Electric
Heating Radiator
Cooling Window Unit(s)
Fireplaces Number 1
Fireplace Y
Heat Source Oil
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot, Driveway
Garage N
Building
Foundation Slab
Sewer On Site Septic
Water Well
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Damascus
Middle Schools John T. Baker
High Schools Damascus
School District Montgomery County Public Schools
Others
Tax ID 161200939291
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Daniel Stein • Silver River Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "