2 Beds
1 Bath
886 SqFt
2 Beds
1 Bath
886 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 886 sqft
Price per Sqft $123
Lot Size 2,545 Sqft
MLS Listing ID MDPG2192436
HOA Fees $600/mo
Style Other
Subdivision Holly Hill
Bedrooms 2
Full Baths 1
Short Sale No
HOA Y/N Y
Originating MLS BRIGHT
Property Description
Tenant-occupied 1-bedroom condo currently generating $1,725/month (month-to-month lease), offering immediate income for investors.
Priced at $109,000, this property provides strong rental performance and long-term hold potential.
Estimated market value is approximately $125,000, with opportunity for light cosmetic improvements (paint, flooring, minor updates) to enhance overall value and tenant appeal.
Investment Highlights:
Current rent: $1,725/month
Strong rent-to-price ratio
Projected 7–8% cap rate based on typical operating expenses
Potential 18–20% cash-on-cash return depending on financing structure
Functional and income-producing as-is, making this ideal for buy-and-hold investors seeking stable monthly cash flow.
Conveniently located near major commuter routes, shopping, and public transportation.
Call us today to place your offer and add this asset to your portfolio.
Location
State MD
County Prince Georges
Zoning R18
Rooms
Main Level Bedrooms 2
Interior
Interior Features Combination Kitchen/Dining, Floor Plan - Traditional
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
1-purchase type For Sale
Exterior
Amenities Available Pool - Outdoor, Tot Lots/Playground
Waterfront N
Water Access N
Accessibility None
Parking Type None
Building
New Construction N
Story 1
Sewer Public Sewer
Water Public
Architectural Style Other
Story 1
Additional Building Above Grade, Below Grade
Schools
School District Prince George'S County Public Schools
Others
HOA Fee Include Ext Bldg Maint,Gas,Insurance,Pool(s),Trash,Water
Senior Community No
Tax Amount $1,674
Tax Year 2025
Tax ID 17060528828
Ownership Fee Simple
SqFt Source 886
Special Sale Standard
