8002 Garland Ave
TAKOMA PARK, MD 20912

Description

Great location around the corner from Long Branch Park and with easy street parking. It's a 3 Unit Multi-family in need of work with a Takoma Park address but located outside of the City limits and not subject to City Rent Laws. This is in unincorporated Montgomery County with the lower taxes that brings. Economical Gas Heating and Hot Water. 3 separate electric meters. Heavy cosmetics are needed - this has been neglected but the bones appear good. This is a short sale to be sold strictly as is. It's 3 units - 1 on each of the three levels: Top 1BR/1BA; Main 3 BR 1BA; LL 1BR/1BA. 3 electric meters. Allow 60 days to obtain short sale approval of the third party bank. The property will convey vacant of a tenancy. Short sale to be negotiated by Attorney Jill Michaels, Short Sale Specialist. The sale is subject to third party (bank) approval. Most recent rents were $1200 pm for Unit 1, $900 for Unit 2 and $700 for basement. These are all under the market if the house is renovated and should go to $1700, 1500 and 1100 after a decent update.

Details

MLS#MDMC667396
Sub-TypeResale
StatusPending - Show
Year1942
Days On Site12

Features

SQ Feet2,228
Units3

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Area Information

StateMD
CityTAKOMA PARK
Zip Code20912
Listing VS Median (in 20912)
Price:
$399,900
low | high
Med:
$509,900
22.49312328082% of Average
SqFt:
2,228
low | high
Med:
2,472
39.048473967684% of Average
$ / SqFt:
$179
low | high
Med:
$221
26.871312840047% of Average
On Site:
12
low | high
Med:
179.5
6.685236768802% of Average
Listing Updated: 07/18/2019
MLS Number: MDMC667396
Listing Provided By:
David L Maplesden  of  Long Foster Real Estate Inc.