806 Maplewood Avenue, Takoma Park, MD, 20912

USD 975,000
For Sale

Property Details

Bedrooms

7

Bathrooms

6

Property Type

Single Family Residence

Description

Property Details: • Type: Single Family Residence • Bedrooms: 7 • Bathrooms: 6 • Square Footage: 3,778 sq ft

Description: Move toward financial independence in a home with a touch of class!

This multi-family property has allowed me to not only live in comfort but to follow my passions. Built in 1931, the craftsmanship far surpasses new construction. For each project, my goal was to improve aesthetics and function while maintaining the character.

This is a 4 unit multi-family home and if you chose to live in one of the smaller units, the profit covers most of the mortgage and expenses. Many loan companies will add 75% of rental income to your income (buy more with less salary). Also - location, location, location!

It's not possible to show each unit on this site, but I am happy to provide more photos/details. The main floor is a 3 bed/2 bath unit with sunroom and an additional in-law suite in the basement . There is also an English breakfast apartment (grand room, bed room and bath) in the basement as well as a garage (now a workroom) and laundry area. The top floor has two 1 bed/1 bath units.

Major Improvements: -Replacement windows on the top floor and basement -Eco friendly fence on the larger patio (child/pet friendly) -Energy efficient boiler/hot water heater

Price: $975,000. We can also discuss organizing the deal to maximize seller concessions and minimize your costs.

Community Profile: -The area has various international dining options, including a cafe and restaurant 3 blocks away, with additional eating and shopping opportunities within a mile. -Takoma Park Metro is approximately 1.25 miles away, which can be reached by bus or is a brisk 20-25 minute walk. - A bus stop is located one block away, with buses arriving every 5 to 10 minutes during rush hour, providing easy access to Silver Spring or Takoma Park Metro.-0 - Short walk to the University of Maryland bus route. Easy access to the beltway. - Two parks about 5 blocks away, featuring hiking & biking paths in Sligo Creek. - Two community centers and libraries are within a mile. - Ample on-street parking is available. - Fenced patio and side yard plus shed and cellar.

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Location

Address

806 Maplewood Avenue, Takoma Park, MD, 20912

City

Takoma Park

Features and Finishes

shed and cellar.

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