Acceptable FinancingBank Portfolio, Cash, USDA
AccessibilityNone
Association Fee0.00
Association Recreation FeeN
Business TypeApartment Building
Cap Rate5.55
CityTAKOMA PARK
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyMONTGOMERY
DirectionsFrom Piney Branch Rd, turn right onto Flower Ave, turn left onto Wabash Ave, turn right onto Garland Ave, turn left onto Prospect St. Property will be on the right next to LongBranch Park. Or from Carro
DisclosuresLead Based Paint - Federal, Lead Based Paint - State, Rental Permits, One Unit-Owner Occupied
Electric Expense1300.00
Gross Income107700.00
HeatingForced Air, Zoned
Historic Y/NNo
Insurance Expense3719.00
Lease Considered Y/NNo
Legal SubdivisionFLOWER AVE PARK
Location TypeSuburban
Lot Size Square Feet8852.00
Lot Size UnitsSquare Feet
MaintenanceExpense1703.00
MunicipalityNone
Net Operating Income77702.00
New ConstructionNo
Number Of Units Total5
Operating Expense19881.00
OwnerPaysAccounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Lawn/Shrub Care, Pest Control, Repairs, Sewer, Sewer Maintenance, Snow Removal, Supplies, Taxes - Real Estate, Trash Collec
OwnershipFee Simple
PossessionImmediate, 61-90 Days CD, Subject to Existing Lease
Possible UseApartment Building, Apartments
Price Per Sq Ft Total AG158.16
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseOwner User
RoofAsphalt
Security FeaturesMain Entrance Lock, Smoke Detector, Carbon Monoxide Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount11205.0
Tax Assessed Value708933.0
Tax Lot8
Tax Year2025
TopographyLevel on lot but street is has a hill.
Total Actual Rent107700.00
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles, Commuter Lots less than 5 miles, Commuter Rail Station 1 to 5 miles
UtilitiesCable TV Available, Cable TV, Natural Gas Available, Phone Connected, Sewer Available, Water Available
Vacation Rental Y/NNo
ViewGarden/Lawn, Creek/Stream, Trees/Woods, Street
Water Access Y/NNo
Year Built1961
Year Built SourceEstimated
ZoningR10