8314 FLOWER AVE, TAKOMA PARK, MD 20912
8314 FLOWER AVE
TAKOMA PARK, MD 20912
Recent Sale $492,000
Beds:
Baths:
Sq. Ft.: 0
Type:
Listing # MDMC649844
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
Property Features
County: MONTGOMERY
Legal Subdivision: TAKOMA PARK
Zip Code: 20912
Has Fireplace: No
Heating: Radiator
Heating Fuel: Natural Gas
Cooling: Heat Pump(s)
Central Air: No
Water Heater: Natural Gas
Has Basement: No
Possession: 61-90 Days CD
Septic or Sewer: Public Sewer
Water: Public
Has Garage: No
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 4,600
Zoning: R10
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
List Date: 2019-04-03
Year Built: 193
Status: Closed
Tax Year: 2019
Tax Amount: $9,942
Short Sale: No
Foreclosure: No
REO/Bank Owned: No
Map
Listing Courtesy Of: Coldwell Banker Realty - Washington
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