Nestled in the vibrant DC/Maryland region, and just a stone's throw away from the DC line, this multi-unit property is strategically positioned for unparalleled growth and prosperity. The options are endless...convert to condos, turn this property into a single-family home with full apartment in lower level, or add to your real estate portfolio while enjoying the perks of being near the economic powerhouse of the nation's capital. This 3 unit building in Takoma Park (rent stabilization area), is fully rented and never goes empty. Low maintenance solid brick building with replacement windows, nearly new roof, several major mechanical updates recently and a lower level unit recently rehabbed. The seller has full ROI information , inspections & leases for the next owner's consideration. This building has two 2-bedroom units and one 1-bedroom unit. Due to current tenants' occupancy please schedule well in advance for viewings. Minimum 24 hours notice is required. Please be prepared to confirm your financial purchasing ability prior to any approved appointments. Now is the time to capitalize on this exceptional investment opportunity. Secure your foothold in the Maryland real estate market and set the stage for a prosperous future. Contact us now for a private showing. Don't miss out on this golden opportunity to redefine your investment portfolio in one of the best areas for real estate in the world.
Sold for $590,000 on 01/18/24
$590,000
8201 Houston Ct, Takoma Park, MD 20912
5beds
--baths
2,516sqft
Triplex
Built in 1954
-- sqft lot
$695,700 Zestimate®
$234/sqft
$2,756 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 19, 2024 at 01:41am
Listed by:
Laura-Lee Jones 410-707-7246,
Long & Foster Real Estate, Inc.,
Listing Team: The Laura Jones Team
Bought with:
Lara Toler, 663443
Keller Williams Preferred Properties
Source: Bright MLS,MLS#: MDMC2114712
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 858
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Exhaust Fan, Refrigerator, Cooktop, Gas Water Heater
Features
- Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room
- Flooring: Carpet, Ceramic Tile, Hardwood, Wood
- Windows: Double Hung, Double Pane Windows
- Basement: Exterior Entry,Partial
- Number of fireplaces: 1
Interior area
- Total structure area: 2,574
- Total interior livable area: 2,516 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Exterior features: Play Area
- Pool features: None
Lot
- Size: 5,981 sqft
- Features: Suburban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 161301063387
- Zoning: R20
- Zoning description: Rent stabilization Zone
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Triplex
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available
Community & neighborhood
Location
- Region: Takoma Park
- Municipality: Takoma Park
HOA & financial
Other financial information
- Total actual rent: 38780
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$695,700
2% more+$13,914
With Zillow Showcase(estimated)$709,614