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214 10TH STREET
214 10TH STREET
214 10TH STREET
214 10TH STREET
214 10TH STREET
214 10TH STREET
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$675,000

214 10TH STREET

1 Bed 2,941 Sq.Ft. 3,112 Sq.Ft.

Description

Investment opportunity in Laurel, MD. This well-maintained 4-unit multifamily property at 214-216 10th Street features one bedroom, one den, one full bath, and a fully renovated kitchen and bathroom in each unit -- all completed within the last 2-3 years. Every unit has its own separate entrance and is separately metered, keeping management simple and utility costs off the owner. The first-floor units have two entrances; upper units each have one. Three units are vacant and move-in ready -- lease them at market rate from day one. One unit is currently tenant-occupied. Real estate taxes and insurance are current. Located in a clean, safe neighborhood with easy access to I-95 and nearby shopping. Strong school district. Solid bones, updated units, and immediate income potential make this a turnkey addition to any portfolio.Seller intends to complete a tax -deferred exchange under Section 1031 of the Internal Revenue Code in connection with this transaction.

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Location

214 10TH STREET, LAUREL, MD 20707

Status

Sold
Adedoyin (A.D) Adedapo

Adedoyin (A.D) Adedapo

TITLE

Co-Founder

PHONE

301-205-5671

Property Amenities

Interior
Appliances Gas Water Heater
Total Bedrooms: 1
Area & Lot
Total area 3,581 Sq.Ft.
Lot Area 3,112 Sq.Ft.
Living area 2,941 Sq.Ft.
MLS® ID MDPG2198602
Year Built 1898
School District PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Architecture Styles Other
Type Multi-Family
Status Sold
Exterior
Pool None
Air conditioning Central Air, Gas
Heat type Natural Gas, Central
Water Source Public
Sewer Public Sewer
Parking On Street
Finance
Sales Price $675,000
Real Estate Tax $9,766 yearly

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Laurel

Small-town charm with big-city access between Baltimore and DC

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