Description
4137 34th St,
Mount Rainier,
MD
20712
This is a Prime Rental Property with a storage house that can be further developed into a separate town-home. All 3 Units were fully renovated in 2018. The renovation included but were not limited to new washers and dryers with; newly remodeled kitchens with stainless steel appliances, granite counter-tops & cabinets for lots of storage. It is paramount to also highlight that each unit has large windows. Two out of three units will be occupied as of the end of March in order to allow for the possibility of an owner/investor. If investor, the seller will guarantee the lease of that unit for a 1-year and will sublease it. When Fully occupied the property sets a cap rate better than 6.5%. This property can be part of 1031 Exchange. Put one more time this property is good for an owner/investor and could offer substantial upside potential for someone who will have the ability to change the zoning and add at least one extra town-home in that property.
Listing By: Long & Foster via Data Source: Bright MLS
Price History
date | price | variance | type | global |
---|
5/18/2020 | $649,000 | - | Sold | view listing |
listing agent: Andreas Pericli