Description
Professionally managed by DHC Property Management. This fully renovated 8-unit multifamily property is located in the heart of Historic College Park and offers strong income potential with additional upside. The property is currently generating approximately $7,800/month with two vacant units remaining to be leased. Once fully occupied, projected gross monthly income is approximately $10,900/month. An additional detached building provides excellent value-add potential - ideal for conversion into a shared laundry facility for added passive income or the opportunity to create another rental unit (buyer to verify zoning and permitted use). Recent renovations make this a turnkey investment opportunity for buyers seeking immediate cash flow with future upside.
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0BEDS
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0.53ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Professionally managed by DHC Property Management. This fully renovated 8-unit multifamily property is located in the heart of Historic College Park and offers strong income potential with additional upside. The property is currently generating approximately $7,800/month with two vacant units remaining to be leased. Once fully occupied, projected gross monthly income is approximately $10,900/month. An additional detached building provides excellent value-add potential - ideal for conversion into a shared laundry facility for added passive income or the opportunity to create another rental unit (buyer to verify zoning and permitted use). Recent renovations make this a turnkey investment opportunity for buyers seeking immediate cash flow with future upside.
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