Investment opportunity in Laurel, MD. This well-maintained 4-unit multifamily property at 214-216 10th Street features one bedroom, one den, one full bath, and a fully renovated kitchen and bathroom in each unit — all completed within the last 2-3 years. Every unit has its own separate entrance and is separately metered, keeping management simple and utility costs off the owner. The first-floor units have two entrances; upper units each have one. Three units are vacant and move-in ready — lease them at market rate from day one. One unit is currently tenant-occupied. Real estate taxes and insurance are current. Located in a clean, safe neighborhood with easy access to I-95 and nearby shopping. Strong school district. Solid bones, updated units, and immediate income potential make this a turnkey addition to any portfolio.Seller intends to complete a tax -deferred exchange under Section 1031 of the Internal Revenue Code in connection with this transaction.
Listed By
Agency Name: Fairfax Realty of Tysons
Agency Phone: 7037528660
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
Estimated Payment
$ 2,447.52 per month $1,444.39 Principal & Interest $813.83 Property Tax $189.29 Homeowner's Insurance
214 10th Street | MLS# MDPG2198602
This multi-family property located at 214 10th Street , Laurel, MD 20707 is currently listed for sale with an asking price of $649,000. 10th Street is located within the PRINCE GEORGES COUNTY PUBLIC SCHOOLS school district. Search Laurel real estate on www.homesale.com today.