NOT LISTED FOR SALE

4001 29th St Mount Rainier, MD 20712

-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Last Sold June 08, 2015

Last sale price $1,190,000

Highlights

  • No HOA
  • Property is in very good condition
  • Radiator
  • 60 Gallon+ Natural Gas Water Heater

About This Home

As of June 2015

Excellent investment opportunity in Mt Rainier. Well kept 10 unit building with all 2 BR units. Covered off-street parking for tenants. Separately metered for electric. Further upside on rents. Seller financing available. Call for financials.

Last Agent to Sell the Property

Taylor Denchfield

Realty Pros Listed on: 12/15/2014

Last Buyer's Agent

Chung Wu

Libra Realty, LLC License #0225175798

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,957

Year Built

  • Built in 1964

Lot Details

  • 0.28 Acre Lot
  • Property is in very good condition

Home Design

  • Brick Exterior Construction

Parking

  • Covered Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • 60 Gallon+ Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot B.C
  • Assessor Parcel Number 17171883875

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Mt Rainier Rogers 1St A Subdivision

Building Details

  • Income includes laundry, parking
  • Operating Expense $28,715
  • Net Operating Income $87,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,957

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1964
  • Remarks Public: Excellent investment opportunity in Mt Rainier. Well kept 10 unit building with all 2 BR units. Covered off-street parking for tenants. Separately metered for electric. Further upside on rents. Seller financing available. Call for financials.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Street Number Modifier: 4001

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Garage Features: Covered Parking
  • Type Of Parking: Off Street

Utilities

  • Refuse: 344.20
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 875000.00
  • Land Assessed Value: 122700.00
  • Lot Size Acres: 0.28
  • Lot Size Area: 12012
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12012.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14609642
  • Tax Annual Amount: 21956.69
  • Assessor Parcel Number: 17171883875
  • Tax Lot: B.C
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 06/08/2015

Multi Family

  • Gross Income: 138547.35
  • Income Includes: Laundry, Parking
  • Metering: Electric Separate
  • Operating Expense: 28714.78

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2015 06/08/15 Sold $1,190,000 -6.7% --
04/14/2015 04/14/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $1,275,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003280314

Bright MLS