7801 Lockney Ave, Takoma Park, MD, 20912

USD 1,050,000
For Sale MLS: MDMC2217576

Property Details

Property Type

multi family

Description

Multi Family in Takoma Park, MD - Bedrooms: 0 - Bathrooms: 0 - Area: N/A - Year Built: 1954 - Lot: 8760 sqft

Listing Agent: Dee Harris Brokerage: EXP Realty, LLC.

PRICE IMPROVEMENT - Unbeatable Location: Ideally situated one block from University Blvd & New Hampshire Ave, just behind Langley Shopping Center and at the intersection of four major shopping centers. Enjoy walkable access to shopping, dining, and the soon-to-open Purple Line Metro .Conveniently located just minutes from Washington, DC a,Silver Spring,Washington Adventist university, university of MD and more Flexible Investment Potential: An excellent opportunity for owner-occupants, traditional rental investors, or Rooming/Boarding Business (RBB) buyers (subject to zoning approval). Property Features: Solid four-unit brick building Large corner lot with private backyard Four dedicated parking spaces Four spacious 2-bedroom, 1-bath apartments Large living rooms and private balconies in each unit Well-maintained interiors With strong rental demand in the area and long-term equity growth potential, this property is a rare gem offering both immediate income and future appreciation.

Location

Address

7801 Lockney Ave, Takoma Park, MD, 20912

City

Takoma Park

Features and Finishes

Cooling Features: Window Unit(s), Heating Features: Hot Water, Heating: Yes, Lot Size Acres: 0.2011019, Lot Size Square Feet: 8760, Parking Features: Parking Lot, Number of Units: 4, Number of 1 Bedroom Units: 0, Number of 2 Bedroom Units: 4, Number of 3 Bedroom Units: 0, School District: MONTGOMERY COUNTY PUBLIC SCHOOLS, Annual Tax Amount: 9637, Source Listing Status: Active, County: MONTGOMERY, Disclaimer: Standard, Ownership: Fee Simple, Source Property Type: Multi-Family, Postal Code Plus 4: 7433, Township: City of Takoma Park, Property Subtype: Quadruplex, Year Built: 1954, Above Grade Finished Area: 0, BelowGradeFinishedArea: 0, Construction Materials: Brick, Property Age: 72, Structure Type: Detached, Total Area Sqft: 0, basement, private backyard, corner lot, rental property, big lot, oversized lot, balcony, shopping

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