8009 Garland Avenue, Takoma Park, MD 20912

$875,000
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New to the Market ACTIVE
MLS#MDMC2237546
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLMONTGOMERY COUNTY PUBLIC SCHOOLS

Property Description

Investor ALERT, this is an extraordinary opportunity to own a charming, income-producing, FIVE-unit Tudor Cottage on 8009 Garland Ave, —an architectural beauty that blends the compact symmetrical layout of a Cape Cod with the picturesque elements of a Tudor Revival. Offering approximately 2,300 sq ft of living space on a generous 7,836 sq ft corner lot backing to Long Branch Park. Just a stroll to scenic amenities; enjoy the playgrounds, sport courts, picnic areas, and extensive trails. This fully occupied property features several apartment styles. (1) Two-bedroom with sunroom or 3rd bedroom apartment, along with a delightful fireplace facade. (1) one bedroom with sunroom or 2nd bedroom apartment. (3) one bedrooms, with one additional fireplace facade. Each is separately metered (5) for electricity. Recent updates include: roof, wall paint, new carpeting, and a gorgeous custom arched entry door. Managed by owners who have lovingly maintained the property and do appliance updates as units turn. Includes public water/ sewer, gas heat, and a basement laundry facility with bike storage, this property is designed for a low-maintenance and long-term portfolio. Unlike many nearby properties, this structure is not subject to Takoma Park city proper rent restrictions. That delivers an endless opportunity to build wealth with appreciation, income growth, and stability. Experience strong rental income and take advantage of valuable tax incentives. Your tenants will love the tranquil, tree-lined street, ample corner parking, and the convenient proximity to shopping, restaurants, Metro, Washington Adventist University, and downtown Takoma Park, making this a sought-after location that will always remain in high demand. Don't miss this turnkey multifamily investment with immediate income and long-term appreciation, ideally located in one of Montgomery County’s most coveted rental destinations. Or Live in one unit and let the other 4 serve as income. You can't go wrong with this exceptional property. Current leases must be honored. Showing of this property is extremely limited please contact your real estate professional.

8009 Garland Avenue | MLS# MDMC2237546

This commercial property located at 8009 Garland Avenue, Takoma Park, MD 20912 is currently listed for sale with an asking price of $875,000. Garland Avenue is located within the MONTGOMERY COUNTY PUBLIC SCHOOLS school district. Search Takoma Park real estate on www.maverickrealtyusa.com today.

Property Features

Property Type: Commercial -
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.18 Acres
Roof Type: Architectural Shingle
Taxes: $9,298
Year Built: 1942

Feature Descriptions

Accessibility: Level Entry - Main
Days on Site: 2
Exterior: Brick, Combination, Stone
Location: Corner Lot/Unit
Lot: Backs - Parkland
Lot Dimensions: 0.18 Acre(S)
Sewer: Public Sewer
Special View Info: Garden/Lawn
Total Garage/Parking Spaces: 0
Units: 5
Water: Public

Local Schools

Middle School: SILVER SPRING INTERNATIONAL
Elementary School: ROLLING TERRACE
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 4102242200

Shown By

Agency Title: Maverick Realty, LLC
Agency Phone: (302) 365-8297

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