908 Davis Ave, TAKOMA PARK, 20912

Multi-Family - Triplex, Detached For Sale

$529,000

Beds
Baths
2,535Sqft
.13Acres
1943Built
25DOM
MLS® #: MDMC699066
Active, 25 Days on Market

Rare multi-unit investment opportunity in sought after Takoma Park. 100% occupied 3 unit property available subject to the City of Takoma Park Opportunity to Purchase once they have a ratified contract to review. Tenants have already waived their Opportunity to Purchase. This property is subject to rent control with allowable "banked" rent of Unit 1 of $1400, Unit 2 $1074 and Unit 3 $755. Current owner has a family member living in Unit 1 paying $1114 per month but the rent can be increased to the banked rent of $1400 for the next tenant. Purchase for an investment opportunity or move in to one unit after current lease expires and use the rental income from the other units to help pay expenses. Currently tenant occupied so 24 hour notice required to show the property.

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Essential Information

MLS® #: MDMC699066
Price: $529,000
Condo Coop Fee: $0
Bathrooms: 0.00
Square Footage: 2,535
Acres: 0.13
Year Built: 1943
Type: Multi-Family
Sub-Type: Triplex, Detached
Style: Traditional
Status: Active
Taxes: $8,628
Tax Year: 2020

Community Information

Address: 908 Davis Ave
County: MONTGOMERY-MD
State: MD
Zip Code: 20912

Interior

Heating: Radiant
Cooling: Window Unit(s)
Fireplace: Yes
# of Fireplaces: 1
# of Stories: 3

Exterior

Exterior: Brick Front, Vinyl Siding

School Information

District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Additional Information

Listing Office: EXIT Deluxe Realty
Date Listed: March 6th, 2020
Days on Market: 25
Zoning: R-40

Financials

$/SqFt: $209

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than TTR Sotheby's International Realty are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2020.

Listing information last updated on March 30th, 2020 at 3:30am EDT.