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Lanham MD Real Estate & Commercial for Sale

The median home value in Lanham, MD is $495,000. This is higher than the county median home value of $369,000. The national median home value is $308,980. The average price of homes sold in Lanham, MD is $495,000. Approximately 77% of Lanham homes are owned, compared to 18% rented, while 5% are vacant. Lanham real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Lanham real estate agent to arrange a tour today!
Learn more about Lanham Real Estate.


Showing Homes Nearby Lanham, MD
Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2140980
Type:
General Commercial
Year built:
1984
Courtesy: W F Chesley Real Estate, LLC.
View additional info

Ideal office condo in the highly sought after Greenbelt Professional Center - Conveniently Located in the hub of the Greenbelt Medical and Professional Community. Close to shopping, public transportation (bus stop right outside building), restaurants and more. Minutes from 495, 295 & Rt. 1. Unit features reception area, large open exam/treatment room, bathroom, private office, laundry/storage room. Condo fee is $585.19/mo. Water is included in condo fee. Owner pays electric. the electric bill averages $145 per month. Seller will consider a contribution towards the buyers remodeling costs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
MDPG2149032
Type:
Business Opportunities
Subdivision:
ROGERS HEIGHTS
Lot size:
0.16 Acres
Year built:
1938
Courtesy: EXP Realty, LLC
View additional info

Exceptional Business Opportunity - Elegant 10-Bedroom Colonial Just Minutes from D.C. Step into a rare and remarkable investment opportunity with this stately 10-bedroom, 3.5-bathroom Colonial residence, ideally positioned just minutes from the heart of Washington, D.C., and a short 10-minute drive from the University of Maryland Global Campus. Currently listed on Airbnb, this well-maintained property has welcomed hundreds of guests over the past two years, consistently generating strong occupancy and positive reviews. With spacious accommodations and a prime location, it offers a turnkey solution for short-term rental success, group lodging, or even a boutique guesthouse venture. Take advantage of the Tesla Solar panel available with little energy bills. All sofas, mattresses, TV, sheets, conveys. Get the instant cash flow you have been looking for after closing. NO HOA. The home exudes classic charm, complemented by modern amenities and expansive living spaces that cater to both comfort and convenience. Whether you're a seasoned investor or a visionary entrepreneur, this property stands as a versatile, income-generating gem in a highly desirable area. Seize the chance to own a thriving business with proven returns, all while holding prime real estate in the D.C. metropolitan area.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2147964
Type:
General Commercial
Lot size:
0.13 Acres
Year built:
2009
Courtesy: Straight Source Real Estate Brokers, LLC
View additional info

One of the landmark, Three-story, Fifty-thousand square foot condominium buildings, 12150 Annapolis Road in Fairwood Office Park is a sought after Class A building located at the crossing of MD193 and MD 450. A convenient location for many professional busineses, access to major highways and interstate, public transportation, restaurants, hospitals, shopping, banking and government facilities. This office campus offers the Wesbanco bank with drive through and ATM as well as the Avalon Pharmacy. The building also offers 24 hour access, security, open parking, special accessibility access and two elevators. Suite #216 is located on the second floor of this keenly professionally designed structure. The office layout offering 6 spacious offices, kitchen, restroom and a storage room, lends to the benefit many professional uses with perimeter windows and 15 panel glass wood framed and stained office doors accessible by a " U" Shaped hallway ."Upscale" is the operative word. Conveniently, there is a large conference room with a frameless glass wall and doors immediately off to the left of the waiting area. A beautiful large reception area with hard suface counter tops installed here and throughout the office is smartly situated central as you walk through your glass frame double door with side panels into the waiting area. Directly adjacent to the reception area is a bonus room which additional uses might be peripheral support area, including by certainly not limited to, extended reception, work area, triage area, office printing, IT etc. Adding to the elegance of this office are the beautiful dark wood grain laminate plank floors. While the office has a complete restoom and kitchen installed, there has been plumbing added for future connection (plumbing plan added). This office is a must see. The architectural layout will undoubtedly fit any type of professional use, documents have been left in the reception area for review.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2093884
Type:
Business Opportunities
Lot size:
0.28 Acres
Year built:
1970
Courtesy: Samson Properties
View additional info

Want to be your own boss? Opportunity is knocking... For just $185k, you can own a 4,000 sqf auto repair shop (Business for sale only, not including Real Estate). Tools and equipments are worth more than $120k. Some of the features including: One office, a waiting room, second level for storage, 1 full bath and 2 half baths, 3 lifts, an additional lift for alignment, tire changing station, milling machine for rotor re-surfacing, alignment equipments, Snap-on OBD2 scanner, Snap-on Ac charger, Welder, Transmission Fluid flush machine. This auto repair shop has been serving the community and customers with integrity for many years. The business at this shop are not just from personal automobiles but including corporation's auto fleet, the business income is stable, and profitable. Low monthly rent ($3,436.00) and the lease is good until 2029. If interested, please contact listing agent directly to make an appointment. Please do not come to the shop without appointment. Please do not interrupt employees. Thank you for your cooperation.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2119842
Type:
Business Opportunities
Lot size:
0.07 Acres
Year built:
1911
Courtesy: Maison RZK
View additional info

Established for over 10 years, this well-known and highly regarded restaurant serves the African diaspora and beyond with authentic Senegalese dishes. With an annual gross revenue of $440k, it stands as a profitable venture with significant growth potential. Lease: $2800/ month. utilities : $500/ month Key Features: Reputation: Well-established with a strong customer base. Cuisine: Specializing in authentic Senegalese cuisine. Revenue: Grossing $440k annually. Growth Opportunities: Additional Services: Potential to increase revenue by offering new services. Liquor License: Currently does not have a liquor license, presenting an opportunity for additional income. Interior Reconfiguration: With proper reconfiguration, the interior can accommodate more seating, increasing patron capacity. Contact Us: Don't miss this opportunity! Contact us today for more information.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2135446
Type:
General Commercial
Lot size:
0.57 Acres
Year built:
1964
Courtesy: Triple Net Investment Group LLC
View additional info

Citgo Gas Station with 15 years NNN Sale Leaseback. Property resides on a prime location on Rhode Island Avenue in College Park MD. The building is 1,734 square feet and is situated approximately .57 acres of land. The subject property does great gas volume and auto services. This is a stable Tenant and Investment for years to come. Tenant operates multiple locations and high networth.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
DCDC2196372
Type:
Apartment Building
Subdivision:
DEANWOOD
Lot size:
0.26 Acres
Year built:
1965
Courtesy: Pavilion Real Estates L.L.C.
View additional info

�𝐱��𝐥𝐥�𝐧𝐭 𝐢𝐧𝐯�𝐬𝐭𝐦�𝐧𝐭 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐢𝐧 𝐭𝐡� ���𝐧𝐰𝐨𝐨𝐝 𝐧�𝐢𝐠𝐡�𝐨𝐫𝐡𝐨𝐨𝐝 𝐨� ��𝐬𝐡𝐢𝐧𝐠𝐭𝐨𝐧, ��. This �𝐮𝐥𝐥𝐲 𝐨��𝐮𝐩𝐢�𝐝 ��-𝐮𝐧𝐢𝐭 multifamily property-comprised of ten 3-bedroom units, one 2-bedroom unit and one 1-bedroom unit-was recently acquired through foreclosure and is being 𝐬𝐨𝐥𝐝 𝐬𝐭𝐫𝐢�𝐭𝐥𝐲 �𝐬-𝐢𝐬. The building includes over 9,700 square feet across three stories and features off-street parking for 11 vehicles. Located �𝐝𝐣���𝐧𝐭 to the ���𝐧𝐰𝐨𝐨𝐝 ��𝐭𝐫𝐨 �𝐭�𝐭𝐢𝐨𝐧 and Deanwood Recreation Center, with immediate access to major commuter routes including I-295, the property is positioned in a rapidly improving corridor with strong rental demand. The Deanwood area continues to attract both public and private investment, reinforcing its appeal for long-term multifamily ownership. Notice of Sale was delivered to all tenants on April 15, 2025, in accordance with TOPA.�Do not disturb occupants. No unit access will be permitted without an accepted offer. Ideal for experienced investors seeking a stabilized income-producing asset with continued growth potential. All information shall be independently verified by the buyer.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2107968
Type:
General Commercial
Lot size:
0.61 Acres
Year built:
1965
Courtesy: Taylor Properties
View additional info

Welcome to the Historic 3501 Bunker Hill Road! A two and a half story, L-shaped 15,000 SQFT uncoursed ashlar masonry building designed in the Classical Revival Style. The portico is supported by four evenly spaced wood Tuscan Columns. An addition in a much different style was added to the back of the Church to accommodate the growing congregation. The sanctuary, which includes an upper balcony, has an estimated seating capacity of 350 seats. Other highlighted features are segmental-arched stained-glass windows, fireplace, fellowship or banquet hall with a seating capacity of 150 seats, commercial kitchen, offices, meeting rooms, classrooms ,storage rooms, conference room and six bathrooms. Some areas require TLC. Sold as is.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2143498
Type:
General Commercial
Lot size:
0.13 Acres
Year built:
1918
Courtesy: HomeSmart
View additional info

Prime Mixed-Use Commercial Opportunity! This freestanding building in a highly sought-after Town Center mixed-use zone is a fantastic investment for a savvy investor or business owner looking for the perfect space. Featuring private gated parking, a spacious backyard with street access, and excellent visibility, this property offers endless potential. Here's your opportunity to build a nice real estate portfolio and run your business at the same time. The current tenant, a well-established pest control company, would love to stay, providing immediate rental income for investors. Whether you're looking to expand your business or secure a high-demand commercial asset, this is an opportunity you dont want to miss!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2147996
Type:
General Commercial
Subdivision:
NONE AVAILABLE
Lot size:
0.12 Acres
Year built:
1996
Courtesy: REMAX Platinum Realty
View additional info

Opportunity to own is calling. commercial condominium in the heart of Beltsville, medical, office, religious use, close to beltway, 200, public transportation. Trust sale sold as is, where it is.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2147040
Type:
Other
Lot size:
0.24 Acres
Year built:
1969
Courtesy: CENTURY 21 New Millennium
View additional info

This unique mixed-use property, with its commercial (office and retail) and residential zoning, offers a range of possibilities, making it an excellent investment opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2127444
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1940
Courtesy: Crown Realty International Ltd
View additional info

THIS IS A TURN KEY HOOKAH LOUNGE OPERATION SALE , GOOD ATMOSPHERE TO RELAX WITH FRIENDS, HOST MEETINGS, BIRTHDAY PARTIES ,PLAY GAMES , WATCH SPORTS, TOTALRELAXATION AND FUN . THE HOST CAN BRING THEIR LIQUOR BUT THE OPERATOR IS NOT LICENSED TO SELL LIQUOR BUT OPERATOR CAN SELL SODA ,JUICE ,ICE . THE RENT IS $6500 MONTHLY, LOCATED IN A CENTRALLY LOCATED DISTRICT ON RHODE ISLAND AVE .THE HOOKAH LOUNGE IS LICENSED FOR 24 HRS OPERATION

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
DCDC2195750
Type:
General Commercial
Lot size:
0.29 Acres
Year built:
1977
Courtesy: Crown Realty International Ltd
View additional info

THIS IS A DEVELOPER'S DELIGHT, PLEASE SEE THE SCHEMATIC PLANS TO SEE WHAT YOU CAN DO WITH THIS SPACE, RIGHT AT THE CORNER OF EASTERN AVE & RHODE ISLAND AVE NE ,BOUNDARY LINE BETWEEN WASHINGTON DC & MARYLAND . SERIOUS DEVELOPEMENTS GOING ON IN THIS AXIS, PROPERTY ON THE MAIN STREET OF R.I AVE . IDEAL FOR MULTIFAMILY APARTMENT USE . THE SPOT WAS FORMERLY A RESTAURANT. PLEASE CARRY OUT YOUR DUE DILIGENCE

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
DCDC2147664
Type:
General Commercial
Lot size:
0.26 Acres
Year built:
1962
Courtesy: DMV Realty, INC., 703-346-2293
View additional info

Ikon Realty is pleased to exclusively present a prime RARE industrial asset with value-add potential property. It is a rare opportunity in Northeastern Washington,  It is a PDR-1 zoned land, which permits a wide variety of uses, including agricultural, animal sales/boarding/shelter, arts, design, college/university, daytime care, restaurants, schools, place of worship, medical, auto repair, auto sales, office and more. This industrial property sits in the fast-growing neighbourhood which has seen 100s of Millions of Dollars in planned and completed developments nearby, including The Villages at Dakota Crossing, RIA DC, and the Franklin and Reed Development. The property has been owner- occupied office use and rented auto repair/body shop that have drive-in doors, at the the front and in the back as well. The auto shop has 3 bays, and a paint booth.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
DCDC2129640
Type:
General Commercial
Subdivision:
DEANWOOD
Lot size:
0.12 Acres
Year built:
1967
Courtesy: RE/MAX Realty Services
View additional info

Incredible Opportunity in Hot Deanwood! Over 3400 Sqft On 2 Levels, Zoned R-2, on a 5,188 sqft Lot! Previously used a religious facility. Upper Level Set Up with Large Open Room, Elevator, and Office plus Staircase in Rear. Lower Level features Large Open Room, Kitchen, Two Commercial Bathrooms, and Storage. Less than a Mile to Minnesota Ave Metro! Restaurants, Grocery, Parks and Schools within Walking Distance. Just Minutes to 295, Benning and E Capitol St. Fast Growing Area and Centrally Located.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2140172
Type:
Business Opportunities
Subdivision:
NONE AVAILABLE
Year built:
1942
Courtesy: S & S Realty & Investment, LLC
View additional info

Established for 15 years, this turnkey Peruvian Chicken franchise is available for asset sale. Fully equipped with specialized rotisserie ovens and a well-designed dining area, it operates in a high-traffic location with a loyal customer base. Proven franchise model with excellent online reviews. Owner is shifting focus to other ventures and is offering a quick sale with negotiable terms. Serious inquiries only

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
DCDC2192492
Type:
General Commercial
Lot size:
0.06 Acres
Year built:
1983
Courtesy: RE/MAX Allegiance
View additional info

Exciting Opportunity: Prime Tenant-Occupied Property! Seller financing is available with 30% down. Welcome to a lucrative investment opportunity right across from the bustling Minnesota Ave subway station. This property, currently serving as a thriving doctor's office. Seller financing available with 30% down,6% interest and 60 month option. Generating a gross income of $21,600, the current rent is just month to month . With the potential to raise rent. The value is in the lot this being corner unit and zoned MU-3A tons of potentials. Property can be delivered vacant . Don't miss out on this golden opportunity to own a prime piece of real estate. Sold " AS IS"! Plenty of parking side parking belongs to the city and parking is allowed as long as driveway is gravel.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
DCDC2195504
Type:
Apartment Building
Subdivision:
BENNING HEIGHTS
Lot size:
0.13 Acres
Year built:
1941
Courtesy: Alex Cooper Auctioneers, Inc.
View additional info

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding Begins Friday, May 2nd and ends Wednesday, May 7, 2025 @ 12:00PM. Excellent opportunity to purchase a partially-leased, 9 unit apartment building. The property is well-located in the heart of the "Benning Heights" neighborhood of NE, Washington. According to the DC Office of Tax and Revenue, the property is 5,500 +/- sq. ft. of land area. It is zoned RA-1 and is served by public water, sewer, gas and electric. The property is improved by a three-story multi family building. The building's unit mix consists of 8 1 Bedroom/1Bath units and 1 studio. Based on the Rent Roll as of September, 2023, eight of the building's 10 units are occupied. All units are separately metered for gas and electric. Tenants pay their own gas and electric expense. Unit 102: Currently rented for $955.33/month. Unit 103: Currently rented for $1,159.75/month. Unit 104: Currently rented for $1,184.44/month. Unit 201: Currently rented for $1,114.04/month Unit 202: Currently rented for $1,157.68/month. Unit 203: Currently rented for $1,047.73/month. Unit 301: Currently rented for $922.01/month. Unit 302: Currently rented for $1,050/month. Unit 303: Vacant â?¢ Gross Scheduled Monthly Rent = $8,590.98/month (Based on the Rent Roll as of September, 2023 which has 1 vacancy) â?¢ Gross Scheduled Annual Rent = $103,091.76/year (Based on the Rent Roll as of September, 2023, which has 1 vacancy) **Gross Potential Annual Rent Of $136,320** **Gross Potential Monthly Rent of $11,360** Please note that the estimated monthly rents for the vacant units used for the Gross Potential Monthly and Gross Potential Annual Rent calculations above were based on the DCHA's (DC Housing Authority) newly established process for determining rent reasonableness through the "Market Rent Estimator" No TOPA contingency needed.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
DCDC2162816
Type:
General Commercial
Subdivision:
WOODRIDGE
Lot size:
0.07 Acres
Year built:
1932
Courtesy: Long & Foster Real Estate, Inc.
View additional info

Primed to develop! Vacant & gutted the present owner combined 2 buildings you can re-separate into 2 parking in rear for one car! Owner will not hold financing or rent! This one level structure has a full basement Owner has blueprints for 2 additional levels Call agent to show Not on showing time! Call Denise Champion or Derek Jones Bring a flashlight!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
DCDC2195754
Type:
General Commercial
Lot size:
0.15 Acres
Year built:
1983
Courtesy: Crown Realty International Ltd
View additional info

THIS IS AN OPPORTUNITY FOR A SAVVY DEVELOPER TO BUILD A MULTIFAMILY UNITS IN THIS RAPIDLY GROWING RHODE ISLAND AVE CORRIDOR OF WASHINGTON DC , THE SCHEMATIC PLANS IS UPLOADED IN THE DOCUMENTS SECTIONS OF THIS LISTING. THE PLAN WILL GIVE YOU AN IDEA OF WHAT YOU CAN IMAGINE FOR THIS SPACE. RIGHT ON THE MAIN STREET OF R.I AVE, CLOSE TO THE RHODE ISLAND METRO STATION , SHOPPING CTR, MAJOR BUS ROUTE. PLEASE DO YOUR DUE DILIGENCE

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
DCDC2196634
Type:
Apartment Building
Subdivision:
MARSHALL HEIGHTS
Lot size:
0.16 Acres
Year built:
1944
Courtesy: Keller Williams Capital Properties
View additional info

Motivated seller, bring an offer! Renovated turnkey five unit building for sale in Marshall Heights. Pro forma cap rate is 9%+ Unit mix consists of four 2 bedroom units and one 1 bedroom unit. Three occupied units: unit 1 (2 bedroom/1 bath, $1,472/month), unit 2 (1 bedroom/ 1 bath, $1,525/month), unit 3 (2 bedroom/1 bath, $1,475/month) and unit 5 (2 bedroom/1 bath, $1,757/month). Units 4 and 5 are vacant. Vacant units are move-in ready. Ownership received approval from DCHA for a rent of $1,757/month for the vacant unit. Current and projected rents include all utilities (electricity, water, sewer, trash). Gas is available but it is not being utilized at the property. All units and renovated and feature newer kitchens, bathrooms, appliances, and flooring. Units have individual HVAC systems and water heaters. Building has a large unfinished utility room adjacent to the basement unit (unit 5). This space could be used for expansion of the basement unit. Lot is 6,758 SF and it may be possible to expand the existing structure. R-2 zoning. Great for investors. Please see the Offering Memorandum for more information!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
DCDC2195732
Type:
General Commercial
Lot size:
0.39 Acres
Courtesy: Crown Realty International Ltd
View additional info

THIIS LAND IS OPEN FOR AN ASTUTE DEVELOPER WITH A GREAT VISION, THIS IS RIGHT ON THE BORDER BETWEEN WASHINGTON DC AND MARYLAND , IT PRESENT GOOD OPPORTUNITY FOR A DEVELOPER

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2132480
Type:
General Commercial
Year built:
1988
Courtesy: Taylor Properties
View additional info

Large 1st floor office in 2 story professional/medical building. Completely renovated and new HVAC system recently installed. New roof finished and upcoming common area improvements funded by a $250 per month special assessment. 871.00 a month condo fee Reception area, large conference room (12' x 17'), private restroom, storage room, 7 private offices, and kitchenette.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDMC2173538
Type:
General Commercial
Lot size:
0.17 Acres
Year built:
1954
Courtesy: Commercial & Investment Realty Associates, LLC.
View additional info

1007 University Blvd. Takoma Park, Md. COMMERCIALLY ZONED PROPERTY IDEAL FOR OFFICE, RETAIL, MEDICAL or OTHER USES! Once the residential lease expires in Nov. 30, 2026 this building can be converted to commercial uses just like all the other similar adjacent buildings are. THIS IS RARE OPPORTUNITY TO ACQUIRE A BUILDING ALONG THIS STRIP AT A REDUCED PRICE LIKE THIS. ACT QUICK IT WON'T LAST LONG. PURPLE LINE METRO WILL BE ACROSS THE STREET. SEE FULL PACKAGE ATTACHED. Improvements: This 3,360 s.f. above grade, plus partial basement, freestanding structure is divided into 4 equally sized (+/- 840 s.f.) units (2 bedroom, 1 bath) currently fully rented out to low-income residential tenants. This building is ideal for an investor or future office or retail owner occupant or redevelopment. Each space is fully self-contained with its own HVAC unit, bathroom and front and rear entrances. Each floor can easily be combined to create 1,680 s.f. spaces on each level. Sewer, water, gas and electric serve the property. Property has a flat roof. The 5 parking spaces and driving areas are paved. The interior of each unit is in good condition and its obvious the building has been maintained well. Gas heat and water with electric air conditioning for each unit. There is a 200-amp electric panel, 5 electric and 5 gas meters. There is a partial basement with two rooms containing a small laundry area and the other contains two gas fired hot water heaters and other equipment. Each room has a sump pump. There is a laundry company that supplies and maintains the washer and dryer and splits the revenue with the owner. Major Repairs: Over the past +/- 3 years the previous owner has spent about $80,000 and completed major repairs to include the following: totally renovated all 4 units, paint, flashing and replacing some windows, rebuild front and back porches, roof repairs, rehab laundry room, replaced some doors, replace sump pump, repairs to HVAC units and more. Lead Free Building: Maryland Department of the Environment has certified this property Lead-Free.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
DCDC2162536
Type:
Apartment Building
Lot size:
0.17 Acres
Year built:
2021
Courtesy: Capital Realty Advisors
View additional info

* 100% Leased * New construction-completed in 2021 * HCVP tenants-guaranteed rent * Short walk to Brookland-CUA Metro * Add back in-house prop. mgt. fee--NOI increases to $212,676 Quincy St. Apartments is a new construction (2021), Class-A style 7-unit multifamily building, with washer/dryer in each unit. All tenants participate in the Housing Choice Voucher Program, offering mutual benefits: Tenants can rent in private market, and landlords get guaranteed rent. The new construction means minimal to no deferred maintenance, providing a benefit to investors from a property in excellent condition, increasing its appeal and potential for long-term returns. In addition, the proximity to Catholic University of America campus means a steady supply of students seeking access to walkable housing. The large bedroom count in some of the units would be perfect for a shared-living concept. Before selling, the Landlord must provide the Tenants with an Offer of Sale, regardless of whether a Third Party contract is already in place. Only an incorporated Tenant Organization may exercise the right to purchase a property with 5 or more units. A statement of interest has to be made within 45 days of receipt of the Offer of Sale. Confidential P&L and rent roll available to qualified investors upon signing of confidentiality agreement. See link on page 4 of offering memorandum in documents section.

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