MLS® ID: MDMC649844

8314 FLOWER AVENUE

TAKOMA PARK, Maryland, 20912

$549,900 Pending
  • - SQFT
Fantastic opportunity to own a 6 unit apartment building! 5 one bedroom units and 1 studio. Completely occupied - starting generating cash immediately! This is a great long term investment. The building features a very low vacancy rate and expenses. All systems are in excellent shape. 7.3% CAP RATE - Positive Cash Flow! Long Term Stability- Purple Line Light Rail Transit is projected to be complete in 2020! It will provide a direct connection to the Metrorail Red, Green and Orange Lines; at Bethesda, Silver Spring, College Park, and New Carrollton. The Purple Line will also connect to MARC, Amtrak, and local bus services
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Listing courtesy of Coldwell Banker Residential Brokerage

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    20912
  • Office name
    Coldwell Banker Residential Brokerage
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Commercial Sale
  • Zoning type
    R10
  • School district
    MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Year built
    193
  • Lot size
    0.11
  • Sewer
    Public Sewer
  • Heating
    Radiator
  • Agent name
    Harry N Dunstan III
  • Purchase Type
    Active
  • Price Range
    $500k-$600k
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    CBRB106
  • Agent ID
    3053130

Location

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