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Takoma Park MD Real Estate & Commercial for Sale

4 Properties Found

The median home value in Takoma Park, MD is $560,000. This is higher than the county median home value of $508,050. The national median home value is $277,796. The average price of homes sold in Takoma Park, MD is $560,000. Approximately 49% of Takoma Park homes are owned, compared to 43% rented, while 8% are vacant. Takoma Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Takoma Park real estate agent to arrange a tour today!
Learn more about Takoma Park Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDMC760532
Type:
Apartment Building
Subdivision:
Takoma Park
Lot size:
0.19 Acres
Year built:
1904
Courtesy: Long & Foster Real Estate, Inc.
View additional info

Charming 5 unit building in the heart of the City of Takoma Park that is close by but not in the Historic District but on a lovely large corner lot with a charming old Farmhouse style building that tenants love. The expanded property sits on a large lot and has easy street parking. Walk to Metro, Old Town, bus stop, and more. 5 units - 4 x 1 BR units and 1 x 2BR unit. Separate electric meters and tenants pay for heating and cooling. Owner pays for water/sewer. Subject to Tenant, City, and County first rights of refusal - allow 75 -80 days for closing to get through these. Lower level unit with 1BR & Den will be vacated in June - Perhaps a space for owner occupant? This is a super area where single-family homes nearby are selling for considerably higher prices per square foot. See link to Virtual Interactive Floorplan tour

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDMC758494
Type:
Apartment Building
Lot size:
0.41 Acres
Year built:
1958
Courtesy: CASAS Real Estate, Inc.
View additional info

Opportunity to own 15 unit apartment building with little turnover close to college and City of Takoma Park amenities. Lots of upside in rents by using City of Takoma Park regulations to create rent increases. Owner is open to 1031 Exchanges. Bring your offers early because this property subject to Right of First Refusal by Montgomery County/Takoma Park. Rent rolls, lead certificates, operating expenses, etc. attached as disclosures. OWNER FINANCING - owner will consider holding small first or second with large down payment. Terms offered: 5% interest only payments for approx. 5 years with balloon at termination of balloon. If you are considering converting these apartments to a condominium, please google the Maryland Condominium Conversion Act (promulgated out of the MD Secretary of State's Office) which is 56 pages long and is available online.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDMC747344
Type:
Apartment Building
Subdivision:
Wheaton Outside
Lot size:
0.2 Acres
Year built:
1949
Courtesy: Compass
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Excellent investment opportunity in quaint Takoma Park Maryland! The all brick colonial building located on a corner lot is comprised of 6 units, 2/1BR, 2/2BR, and 2/3BR. The 2/2BR located on the top floor were renovated in 2013. All units have separate electric meters and tenants pay for a/c & heat. Hot water new 2015. Wood floors, windows, and roof are in good condition. Off-street parking plus 6 assigned parking spaces. 2 units have a private outside entrance. Additional income from coin-op laundry. The building has a limited lead-free certificate- no turnover testing required. Grab this opportunity and add value to this multi-family property in a great location. Easy access to all DC area, near 2 Metro stations, restaurants, retail, schools, parks, and more.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDMC746360
Type:
General Commercial
Lot size:
0.11 Acres
Year built:
1920
Courtesy: Long & Foster Real Estate, Inc.
View additional info

Imagine owning a part of history that produces good cash flow with the potential for more! Here is a great opportunity to own a unique circa 1920 Arts and Crafts style property in the heart of the Historic District of the City. This Commercial property has 6 residential rental units (2 x 2 BR, 3 x 1BR & 1 efficiency) and over 3,000 square feet of space, and 1 retail store with 1100 square feet of space on 2 levels. Gross Income $108,423 per year - ask agent for details. It's just a half-mile stroll to Takoma Metro Station and nearby restaurants and stores are located all around you. Enjoy the July 4th parade from the front porch and the Takoma Street Festival in front of your door. Tenants love it here with so much to do and with easy access into nearby Washington, D.C. Tenants pay electricity which is the source of heating and cooling for A/C units. The shop has CAC. Owner pays water/sewer and hot water. Contact agent for income/expense details. The sale is subject to the Tenant, City, and County's first rights of refusal. Showings restricted due to COVID. Please review floorplans & unit photos & income/expense obtained from a helpful agent. Great potential here for long-term cash flow in a high-demand area. Photos and Tour at the website link.

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