$ 99,000
-
$99,000
Price -
2
Bed -
1
Bath -
886
SqFt
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About the Listing EXXP1 - 3285943
Income-Producing Condo – Strong Cash Flow in District Heights Tenant-occupied 1-bedroom condo currently generating $1,725/month (month-to-month lease), offering immediate income for investors. Priced at $109,000, this property provides strong rental performance and long-term hold potential. Estimated market value is approximately $125,000, with opportunity for light cosmetic improvements (paint, flooring, minor updates) to enhance overall value and tenant appeal. Investment Highlights: Current rent: $1,725/month Strong rent-to-price ratio Projected 7–8% cap rate based on typical operating expenses Potential 18–20% cash-on-cash return depending on financing structure Functional and income-producing as-is, making this ideal for buy-and-hold investors seeking stable monthly cash flow. Conveniently located near major commuter routes, shopping, and public transportation. Call us today to place your offer and add this asset to your portfolio.
Listing Highlights
Status
Active
Days on Site
29
Property Type
Residential
MLS ®
MDPG2192436
Year Built
1964
Total Square Footage
886
Lot/Acreage
0.06
County
Prince Georges
Building Name
HOLLY HILL CONDO- PHASE III
Neighborhood
Holly Hill
HOA Dues
600/Monthly
School District
Prince George's County Public Schools
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 886
- Below Ground Sq Ft: 0
- Basement:
- Other: Combination Kitchen/Dining,Floor Plan - Traditional,Main Floor Bedrooms: 2
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: R18
- Roof:
- Others: Pool - Outdoor,Tot Lots/Playground,Ext Bldg Maint,Gas,Insurance,Pool(s),Trash,Water
- Sewer: Public Sewer
Financial Details
- Tax Amount: $1,674
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
7141 Donnell Place B7 District Heights, MD 20747
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