Takoma Park, MD 20912 228 Manor Circle
$825,000
4 more
Presented By: AMR Commercial, LLC
SQFT • 3,150
SQFT • 3,150Home Details
Newly Renovated, 100% occupied, Nearly a 7% return cash on cash. 7-Unit mansion style apartment building in Takoma Park Maryland. Located in a highly desirable neighborhood. New Roof (2023). Unit upgrades in 5 of 7 apartments.
Fully Permitted. Paved Off-Street Parking. Do not disturb tenants.
Presented By: AMR Commercial, LLC
Interior Features for 228 Manor Circle
Bathrooms
Total Restrooms7
Other Interior Features
Central Air Y/NNo
FlooringLaminated
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Number of Elevators
Total Stories3
General for 228 Manor Circle
Acceptable FinancingCash, Negotiable
Accessibility2+ Access Exits
Association Recreation FeeN
Business TypeApartment Building
Cap Rate6.74
CityTAKOMA PARK
Construction MaterialsAluminum Siding
Cool FuelElectric
CoolingWindow Unit(s)
CountyMONTGOMERY
DirectionsCarroll Ave to 228 Manor Circle
Gross Income90000.00
HeatingRadiator
Historic Y/NNo
Lease Considered Y/NNo
Lot Size Square Feet9267.00
Lot Size UnitsSquare Feet
MunicipalityCity of Takoma Park
Net Operating Income58407.00
New ConstructionNo
Number Of Units Total7
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG261.9
Property ConditionGood
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
RoofShingle
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameTAKOMA PARK
Tax Annual Amount13731.0
Tax Assessed Value782100.0
Tax Lot2
Tax Year2024
TransportationAirport less than 10 miles, Metro/Subway Station less than 1 mile
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningR20
Exterior for 228 Manor Circle
Building Area Total3150.00
Car Parking Spaces8
Foundation DetailsSlab
Land Assessed Value492300.00
Lot Size Acres0.21
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesPaved Parking
Total Loading Docks0
Total Parking Spaces8
Type of ParkingDriveway, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
