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Carter & Roque Real Estate
Main Office:
301-689-0100
[email protected]
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Carter & Roque Real Estate
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Main Office:
301-689-0100
info@
carterandroque.com
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SOLD
$1,040,000
Date 05/24/2024

7405 Columbia Avenue
College Park, MD 20740

Fourplex
Residential Income
0.25
Acre Lot
Courtesy: EXP Realty, LLC, 8333357433
brightmlshomes.com> Maryland> College Park> 20740
Don't Miss Your Chance to Own this 7 Unit, turnkey, fully leased Multifamily property in the rarely available and in demand Old Town Section of College Park, Maryland. This 3 level home is very close to the University of Maryland and is an excellent income producing property for the right investor. Great opportunity to update and add value to this property on so many levels to maximize cash flow. This fabulous property features 7 individual rental units. All units feature one bedroom and a kitchen except the basement unit which has 3 bedrooms. The 3 bedroom basement apartment has its own separate entrance. Each unit is separately metered for easy management of individual tenants. A common laundry facility is in the basement of the property and features several machines shared by all tenants. Parking is never an issue here as the property comes with a huge gravel lot that surrounds the building, plus an enclosed 2 car garage with extra storage space. The property also has 2 newer Hot Water Heaters. Property SOLD AS IS. Current Monthly Rents and Lease Expirations include: Unit 1: $1,575.00 per month, lease runs through 7/15/2024 (3 Br, 1Ba) Unit 2: $1,050.00 per month, lease runs through 7/14/2024 (1Br, 1Ba) Unit 3: $927.00 per month, lease runs through 5/31/2024 (1Br, 1Ba) Unit 4: $927.00 per month, lease runs through 5/31/2024 (1Br, 1Ba) Unit 5: $1,050.00 per month, lease runs through 7/15/2024 (1Br, 1Ba) Unit 6: $1,050.00 per month, lease runs through 7/31/2024 (1Br, 1Ba) Unit 7: $875.50 per month, lease runs through 11/30/2023 (1Br, 1Ba) Total income: $7,454.50
MDPG2089872
Fourplex, Colonial
College Park
PRINCE GEORGES
1915
0.25 Acres
Gas 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

Walk Score

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Bike Score

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Courtesy: EXP Realty, LLC, 8333357433
This content last refreshed on 5/30/2024 10:09 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.