Great location around the corner from Long Branch Park and with easy street parking. It's a 3 Unit Multi-family in need of work with a Takoma Park address but located outside of the City limits and not subject to City Rent Laws. This is in unincorporated Montgomery County with the lower taxes that brings. Economical Gas Heating and Hot Water. 3 separate electric meters. Heavy cosmetics are needed - this has been neglected but the bones appear good. This is a short sale to be sold strictly as is. It's 3 units - 1 on each of the three levels: Top 1BR/1BA; Main 3 BR 1BA; LL 1BR/1BA. 3 electric meters. Allow 60 days to obtain short sale approval of the third party bank. The property will convey vacant of a tenancy. Short sale to be negotiated by Attorney Jill Michaels, Short Sale Specialist. The sale is subject to third party (bank) approval. Most recent rents were $1200 pm for Unit 1, $900 for Unit 2 and $700 for basement. These are all under the market if the house is renovated and should go to $1700, 1500 and 1100 after a decent update.
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