Fantastic Investment opportunity! Live Rent free. This property is located on a beautiful well-manicured block in the heart of Mt Airy. You can live in one unit and the other 2 will carry the property. This property is Convenient to shops on Germantown Avenue as well as the Cedarbrook Mall and to mass transit. This triplex has 3 nearly identical 2-bedroom units. The Ground Level is accessible without steps from the side door as well as the rear door going to the driveway. The first-floor unit has an enormous deck. Gas and electric are separate for each unit and water bill is shared by tenants. All units are in excellent condition. The ground floor was just completely renovated. The first floor was done approximately 2 years ago, and the second-floor unit was done approximately one year ago. All city permits were approved. Second floor has a one-year lease at 1100.00. First floor has a month to month at 1250.00. Ground floor just finished renovations and is not rented yet. Units could rent for more.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
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Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
