Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1964
Sq.Footage
886
Income-Producing Condo – Strong Cash Flow in District Heights Tenant-occupied 1-bedroom condo currently generating $1,725/month (month-to-month lease), offering immediate income for investors. Priced at $109,000, this property provides strong rental performance and long-term hold potential. Estimated market value is approximately $125,000, with opportunity for light cosmetic improvements (paint, flooring, minor updates) to enhance overall value and tenant appeal. Investment Highlights: Current rent: $1,725/month Strong rent-to-price ratio Projected 7–8% cap rate based on typical operating expenses Potential 18–20% cash-on-cash return depending on financing structure Functional and income-producing as-is, making this ideal for buy-and-hold investors seeking stable monthly cash flow. Conveniently located near major commuter routes, shopping, and public transportation. Call us today to place your offer and add this asset to your portfolio.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
1
-
Above Grade Finished Area
886.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Main Level Bedrooms
2
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
None
-
Pool
Yes
-
Pool Features
Community
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.06
-
Property Type
Residential
-
Architectural Style
Other
Price
-
Sales Price
$109,000
-
Tax Amount
$1,674
-
Sq. Footage
886
-
Price/SqFt
$123
HOA
-
Association
Yes
-
Association Fee
$600
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Association Amenities
Playground
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
PRINCE GEORGES
Elementary School
Middle School
High School
Listing Courtesy of Sam Gupta , EXP Realty, LLC
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