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Archived about 5 years ago

$95,000

1 bd 1 ba 922 sqft

11224 Cherry Hill Road, Beltsville, MD 20705

Residential Condo

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Vacant Cash Flow Portfolio Rental Condo In Beltsville Maryland

Off Market Investor Special

Projected Rental Rates: $1200-$1400ARV: $120,000Condo Fee: $380/monthCondo Fee Covers: Lawn maintenance, Parking, Pool Access, Snow Removal, Water, Gas, and HeatDetails:Great Buy & Hold or potential Fix & Flip. Well maintained rental condo in Beltsville, MD. Seller maintained a constant tenant at $1400 per month. Property is vacant now. It has 1 bedroom and 1 bath with a den area off the kitchen that also contains a washer/dryer. Seller updated the kitchen & bath within the last 5 years. Furnace replaced in 2002, and has been regularly serviced by seller's contractor. The only thing this property needs, which is a matter of preference are new appliances & carpet. Everything is in good working order.Click link for property pictures: https://photos.app.goo.gl/eHxN5ZKcV9t2wuQZ7Assignment contract. Cash Buyers Only. Must have POF dated within 30 days of offer. Must be able to close within 7-10 days.If interested email [email protected] or contact 301-679-3465 to schedule a viewing. 

Location:

11224 Cherry Hill Road, Beltsville, MD 20705

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.