
4137 Barrett Place
4 Rental Properties on 1 Parcel!
Marketing description
Exceptional "AS-IS" investment opportunity featuring four separate residential properties situated on a single 1.03-acre parcel. With three of the four homes currently leased, this income-producing asset generates a current NOI of approximately $56,448 , with a projected stabilized Income of approximately $66,260. Each home has had recent updates to HVAC and plumbing. Ideally located just 29 miles from Washington, D.C., and less than five miles from the Naval Support Facility Indian Head, with a renters market driven by commuters, military personnel, and local employers.
Investment highlights
Exceptional "AS-IS" investment opportunity featuring four separate residential properties situated on a single 1.03-acre parcel. With three of the four homes currently leased, this income-producing asset generates a current NOI of approximately $56,448 , with a projected stabilized Income of approximately $66,260. Each home has had recent updates to HVAC and plumbing. Ideally located just 29 miles from Washington, D.C., and less than five miles from the Naval Support Facility Indian Head, with a renters market driven by commuters, military personnel, and local employers.
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