Traditional
1 OAK STREET
INDIAN HEAD , MD 20640
MLS#: MDCH220374
$430,000
Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1962
Sq.Footage
3,400
Fantastic opportunity to step right into owning an established and successful rental property with positive cash flow! Quadplex apartment building featuring four well maintained apartments, each apartment offering 2 bedrooms and 1 full bath, and 750 square feet. Each unit is equipped with its own kitchen, living room, washer and dryer, new water heater (two of which in each building are tankless), are separately metered for electricity, and have 1 designated parking spot each with two guest spots per building. The building is turn key - new roof, new windows, newly replaced HVAC condensers, and a newly installed CCTV surveillance system. All units are tenant occupied with tenants that are currently all on month to month leases. Located off Indian Head Highway just a few minutes walk from the Potomac River, this is truly a unique investment opportunity that you do not want to pass up! Seller has two identical buildings for sale, 3 Oak St and 1 Oak St.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Above Grade Finished Area
3400.0
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Off Street, Parking Lot
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.22
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Traditional
Price
-
Sales Price
$430,000
-
Tax Amount
$5,421
-
Sq. Footage
3, 400
-
Price/SqFt
$126
HOA
-
Association
No
School District
-
Elementary School
INDIAN HEAD
-
Middle School
GENERAL SMALLWOOD
-
High School
HENRY E. LACKEY
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Tax Lot
7A
-
Water Source
Public
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Location
County
CHARLES
Elementary School
INDIAN HEAD
Middle School
GENERAL SMALLWOOD
High School
HENRY E. LACKEY
Listing Courtesy of Sarah A. Reynolds , Keller Williams Chantilly Ventures
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