$90,000
FOR SALE7141 Donnell Pl #b7
District Heights, Md, 20747
MLS #MDPG2192436
Subdivision: Holly Hill
Building: Holly Hill Condo- Phase Iii
2 Beds
1/- Baths
886 sqft
$ 101.58 /sqft
Income-Producing Condo x2013; Strong Cash Flow in District HeightsTenant-occupied 1-bedroom condo currently generating $1,725/month (month-to-month lease), offering immediate income for investors.Priced at $99,000, 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/monthStrong rent-to-price ratioProjected 7x2013;8% cap rate based on typical operating expensesPotential 18x2013;20% cash-on-cash return depending on financing structureFunctional 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.
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Listing Courtesy of: FAB Realty LLC
