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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by Jared Stape • Bethesda Brokers LLC

$560,000

Est. payment - /mo

6,484 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDMC2223780

Style Mid-Century Modern

Year Built 1948

Annual Tax Amount $9,393

Tax Year 2025

Lot Size 6,484 Sqft

Acres 0.15

Property Sub-Type Detached

Source BRIGHT

Property Description

Rare 5 unit multifamily opportunity in Takoma Park, MD. Intentionally priced below appraised value to encourage strong interest and competitive offers, this property presents a compelling value-add investment for buyers looking to expand their residential portfolio in a high-demand submarket with strong rental fundamentals.

The property is currently fully vacant, offering immediate flexibility for renovation, repositioning, and lease-up without tenant constraints. Current configuration offers multiple units with the opportunity to renovate, stabilize, and increase rental income over time.
Offered as part of an estate, this property is being sold strictly as-is, where-is. Buyers are strongly encouraged to perform their own due diligence regarding condition, zoning, rents, and overall investment potential.

Significant upside through renovation, improved management, and potential repositioning. Ideal for investors seeking long-term appreciation and cash flow in a supply-constrained area with close proximity to DC, transit, and local amenities.

Opportunities like this in Takoma Park are limited and do not last. Bring your highest and best offer.

Location

State MD

County Montgomery

Zoning CRN1.

Interior

Hot Water Electric

Heating Radiator

Cooling Multi Units

Fireplace N

Heat Source Electric

Exterior

Parking Features Additional Storage Area

Garage Spaces 3.0

Water Access N

Accessibility None

Total Parking Spaces 3

Garage Y

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Mid-Century Modern

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Montgomery County Public Schools

Others

Tax ID 161301063742

Ownership Fee Simple

Special Listing Condition Standard

Virtual Tour https://listings.hdbros.com/sites/exozzwyb/unbranded

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Nearby Locations

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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7908 FLOWER AVE Takoma Park, MD 20912