NOT LISTED FOR SALE
Studio
-- Bath
5,772 Sq Ft
3,000 Sq Ft Lot

Sale Details

Date Sold: August 23, 2024

Last sale price $550,000 $95 Per Sq Ft

Highlights

  • Cooling Available
  • Ruth Ann Monroe Primary School Rated A-
  • Heating Available

About This Home

As of August 2024

### Remodeled 8-Unit Apartment Building - High Income Potential

Seize a prime investment opportunity with this fully remodeled 8-unit apartment building, designed to generate substantial income with the potential for future rent increases. Each unit is equipped with separate electric meters and modern amenities, including baseboard heating, individual A/C units, and laminate flooring. The updated kitchens and bathrooms, along with a newer roof, enhance the property's appeal. With low owner expenses—tenants cover their electric bills—this property is a valuable addition to your portfolio. Showings require at least 48 hours' notice.

Last Agent to Sell the Property

Roberto Gonzalez

(240) 203-6393 roberto@rgrealtyinc.com RG Realty, Inc. License #598229 Listed on: 06/22/2024

Last Buyer's Agent

Unrepresented

datacorrect@brightmls.com Unrepresented

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,665

Year Built

  • Built in 1957

Lot Details

  • 3,000 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 5,772 Sq Ft Home
  • Frame Construction

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 2225024451

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,665

Year Built

Built in 1957

Lot Details

3,000 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1957
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full
  • Total Sq Ft: 5772
  • Living Area Sq Ft: 5772
  • Price Per Sq Ft: 116.94
  • Above Grade Finished Sq Ft: 5772
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Zoning: CCMU
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4665.00
  • Assessor Parcel Number: 2225024451
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $550,000 -18.5% $95 / Sq Ft
06/22/2024 06/22/24 For Sale $675,000 -- $117 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,220 $243,700 $50,000 $193,700
2024 $2,219 $243,533 $0 $0
2023 $2,227 $243,367 $0 $0
2022 $2,216 $243,200 $50,000 $193,200
2021 $2,510 $243,200 $50,000 $193,200
2020 $2,264 $243,200 $50,000 $193,200
2019 $2,294 $245,300 $50,000 $195,300
2018 $2,243 $239,900 $0 $0
2017 $2,193 $234,500 $0 $0
2016 -- $229,100 $0 $0
2015 $5,049 $217,033 $0 $0
2014 $5,049 $204,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA2022756

Bright MLS

APN: 25-024451

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