Description
CALLING ALL MULTIFAMILY INVESTORS! Two for the price of one! Unique investment property - two houses on one .5+ acre lot in the Town of La Plata. 1000A Washington is the front house. It is a 3/1, renovated in 2015. Featuring hardwood floors and a new roof in 2018. It is currently rented with a good, long term tenant at $1425/mo. There is room to raise rent. 1000B Washington is the back house. It is a 2/1, renovated in 2015. Current rent is $1,200/mo, but was previously approved with Sec8 for $1,450/mo. Property is located within the rapidly developing Washington Avenue corridor in the county seat - a stones throw from downtown La Plata and all its amenities. Property is uniquely positioned in the path of progress. ***Future commercial possibilities***, check with Town. Enjoy great cashflow until you're ready to rezone and/or develop. Both units are MD Certified Lead Free and filed with MDE. Rental licenses and inspections are current with the Town. Both houses have passed Section 8 inspections and are compliant.Many possibilities here!
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5BEDS
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0.58ACRES
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2BATHS
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01/2 BATHS
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1,676SQFT
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$188$/SQFT
Description
CALLING ALL MULTIFAMILY INVESTORS! Two for the price of one! Unique investment property - two houses on one .5+ acre lot in the Town of La Plata. 1000A Washington is the front house. It is a 3/1, renovated in 2015. Featuring hardwood floors and a new roof in 2018. It is currently rented with a good, long term tenant at $1425/mo. There is room to raise rent. 1000B Washington is the back house. It is a 2/1, renovated in 2015. Current rent is $1,200/mo, but was previously approved with Sec8 for $1,450/mo. Property is located within the rapidly developing Washington Avenue corridor in the county seat - a stones throw from downtown La Plata and all its amenities. Property is uniquely positioned in the path of progress. ***Future commercial possibilities***, check with Town. Enjoy great cashflow until you're ready to rezone and/or develop. Both units are MD Certified Lead Free and filed with MDE. Rental licenses and inspections are current with the Town. Both houses have passed Section 8 inspections and are compliant.Many possibilities here!
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