Turnkey investment opportunity in Greenbriar Condominiums with a proven long-term tenant, immediate rental income, included utilities, designated parking, additional storage, and a lease secured through July 31, 2027. This spacious two-bedroom, two-bathroom condo offers approximately 1,163 square feet of living space and has been occupied by the same tenant for approximately eight years with no reported issues. The current rent is $1,928 per month, and the existing lease and $1,500 security deposit will transfer to the purchaser at settlement. The single-level floor plan features a generously sized living room, separate dining area, functional galley kitchen, two well-proportioned bedrooms, two full bathrooms, ample closet space, and an in-unit washer and dryer. A private covered patio overlooks the community grounds and provides additional outdoor living space. The property also includes two designated parking spaces and a separate storage unit within the building. The monthly condominium fee is $717 and includes water, electricity, central air conditioning, and heat, providing predictable utility costs and simplifying ongoing ownership expenses. The property is conveniently located near shopping, public transportation, the Capital Beltway, Baltimore-Washington Parkway, and other major commuter routes. With a proven eight-year tenant, immediate rental income, utilities included in the condominium fee, two designated parking spaces, additional storage, and a lease already secured through July 2027, this property offers an attractive opportunity to add an established rental asset to an investment portfolio. Property is being sold subject to the existing lease.
1 day
|
97
|
2
|
Zillow last checked:
Listing updated:
Listed by:
Emeka Mokwunye202-415-0271,
Compass(301) 298-1001
Source: Bright MLS,MLS#: MDPG2214050
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2
Basement
Area: 0
Heating
Forced Air, Electric
Cooling
Central Air, Electric
Appliances
Included: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Washer, Electric Water Heater
Laundry: In Unit
Features
Has basement: No
Has fireplace: No
Interior area
Total structure area: 1,163
Total interior livable area: 1,163 sqft
Finished area above ground: 1,163
Finished area below ground: 0
Property
Parking
Total spaces: 3
Parking features: Parking Lot
Accessibility
Accessibility features: None
Features
Levels: One
Stories: 1
Pool features: Community
Details
Additional structures: Above Grade, Below Grade
Parcel number: 17212339158
Zoning: R-T
Special conditions: Standard
Construction
Type & style
Home type: Condo
Architectural style: Traditional
Property subtype: Condominium
Attached to another structure: Yes
Materials
Brick
Condition
New construction: No
Year built: 1977
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Condo and coop fee: $717 monthly
Subdivision: Greenbriar Condo Phase I
HOA
Has HOA: No
Amenities included: Common Grounds, Pool
Services included: Water, Air Conditioning, Common Area Maintenance, Electricity, Heat, Trash