8405 Greenbelt Rd APT T1, Greenbelt, MD 20770

This turnkey 1-bedroom condo is currently generating approximately $1,000/month in net cash flow after HOA ($508/month), taxes, and insurance. A tenant is in place with 4 months remaining on the current lease, providing instant income from day one. The current tenant has fallen behind on payments but is actively catching up, and the failure-to-pay case has a hearing scheduled. The condominium association requires cash-only purchases due to elevated HOA delinquency rates—no financing permitted. Interior highlights include new carpet and fresh paint (2026), a 2016 bathroom renovation, and an older but functional kitchen ready for modernization. All utilities are included in the HOA, delivering simplified ownership and steady net returns. Ideal for investors seeking strong returns, positive cash flow, and immediate occupancy in a high-demand rental market.