602 Montgomery Street

    LAUREL, MD 20707
    • $719,900
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: 1000032663
    UPDATED: 23 min ago
    $719,900
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1947
    County:

    School Information

    Elementary School:
    High School:

    Description

    Investors, own this fully leased 2-story building with retail/office space on main floor and 3 apartments on second floor. Main floor is occupied by a dry cleaner and apartments are occupied by tenants with leases of varying lengths. Monthly income from rentals is $4550. Estate sale, for sale "As Is". 24-hour notice required. Must purchase lot at 603 Park Avenue for a combined price of $789,900.

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    ©2018 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2018-12-13T16:05:17.817.
    www.hiban.com/homes/88054595

    602 Montgomery Street LAUREL, MD 20707

    • Price: $719,900
    • Status: Active
    • Updated: 23 min ago
    • ID#: 1000032663
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1947
    Built
    Neighborhood:
    Laurel Park
    County:
    Prince Georges
    Elementary School:
    Laurel
    High School:
    Laurel
    School District:
    Prince George's County Public Schools
    Property Description
    Investors, own this fully leased 2-story building with retail/office space on main floor and 3 apartments on second floor. Main floor is occupied by a dry cleaner and apartments are occupied by tenants with leases of varying lengths. Monthly income from rentals is $4550. Estate sale, for sale "As Is". 24-hour notice required. Must purchase lot at 603 Park Avenue for a combined price of $789,900.
    Exterior Features

    Architectural Style Other Construction Materials Brick Garage YN No Location Type Free Standing Parking Types Off StreetOn Street Property Condition As-Is ConditionShows Well Riparian Rights YN No Road Responsibility City/County Road Surface Type Black Top Roof Tar/Gravel Sign On Property YN Y Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Basement YN No Building Area Total 6185.00 Building Features Display WindowShowroom Cooling Central A/CWindow Unit(S) Cooling YN Yes Fireplace YN No Flooring Vinyl Heating Forced Air Heating YN Yes Inclusions Parking Included In ListpriceParking Included In Saleprice Leasable Area 6185 Net Square Feet 6185.00

    Property Features

    Acceptable Financing Cash Accessibility Features None Assessment Year 2016 Association YN No Business Type WarehouseRetailProfessional/OfficeInvestment Central Air YN Yes Condo YN No Cooling Fuel Electric Current Use Dry CleanerMulti Residential Entry Location 1st Floor Gross Income 54600.00 Heating Fuel Oil Hot Water Electric Incorporated City Name Laurel Navigable Water YN N Net Operating Income 35482.00 New Construction YN No Operating Expense 19117.90 Original MLSNumber 300038505751:MRIS Ownership Interest Fee Simple Possession Settlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 9704.39 Tax Assessment Amount 476000.0 Tax Lot 13 Total Actual Rent 54600.00 Vacation Rental YN No Water Average Monthly 57.46 Water Last12 Months 689.51 Water Source Public Zoning R20 Zoning Description C

    Listing courtesy of Long & Foster Real Estate, Inc..
    ©2018 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2018-12-13T16:05:17.817.
     
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