Did the list price get your attention? Highest and best offers due by Saturday Nov 15th at 12 noon. List price is to get eyes on the property and does not reflect property value. Unit 3 is vacant and available to show. Other units can be shown with an acceptable offer. Seller reserves the right to accept or reject any offers at any time. Property requires a commercial or DSCR loan. Does not qualify for conventional financing.
Unique Opportunity. 5 Separately contained units within a single family structure. Property use is legal, as only 1 unit has a stove, with the other 4 units having no stove. Two 1 bedroom units. Two normal sized studio units. 1 large studio unit. Licensed and inspected by the City of College Park. Only 300 feet from the metro. All utilities billed back to the tenants. Landlord only pays taxes and insurance. Gross potential rent of $7,000-$7500 a month. Current rent before Unit 3 moved out was $6150.