Listed by AMR Commercial LLC
$789,000
Takoma Park 7-Unit Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,150
Net Rentable (SqFt) 3,150
Units 7
Cap Rate 7.08%
NOI $55,842
Occupancy 100%
Broker Co-Op Yes
Class B
Year Built 1950
Year Renovated 2025
Buildings 1
Stories 3
Lot Size (SqFt) 9,267
Zoning R-20
Parking Spaces 7 per unit
Investment Type Value Add
Ownership Fee Simple
7-Unit Apartment Building in Takoma Park Maryland
Marketing description
For Sale
Investment highlights
- Five units remodeled in 2025
- .9 mile walk to Metro
- One block to Takoma Park dining and retail
- Fully occupied and permitted
- One and two-year leases
- Tenants pay water, trash, and electric (Pepco) May through September
- Landlord pays common area gas (Washington Gas) and electric October through April
- On site paved parking lot and street parking for guests
- Hot water heater replaced in 2025
- Roof replaced in 2023
- Located outside of historic district
Listing Contacts
Listed by AMR Commercial LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$55,842.15
$4,653.51/mo
Valuation Metrics
0
DSCR
7.08%
Cap Rate
7.08%
ROI
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