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.
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.
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