$875,000
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 Ave, Takoma Park
Listing courtesy of Coldwell Banker Realty. Contact: kelly.thompson@cbmove.com