8511 Flower Avenue

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8511 Flower Avenue

Takoma Park, MD 20912
Asking Price
$952K
Asset Type
Multifamily
Class
Class B

What's Special

3 Unit Investment with parking <p> Remarkable opportunity to own newly renovated 3-unit multi-family, just blocks to shops, restaurants and forthcoming purple line stations - all with a clean slate for you to obtain your own tenants and rental rates - or occupy and offset your costs! One way or the other, you'll love this classic colonial, situated as it is in Long Branch, with the new Koma cafe, Mansa Kunda, El Golfo, El Gavilan, parks, trails, and recreation spaces all nearby. </p><p>2 - 2 bedroom units</p><p>1 - 1 bedroom

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NOI
$80,000
Cap Rate
8.40%
DSCR
1.42
Strong
Cash-on-Cash
8.22%
Monthly Payment
$4,709.977
Annual Cash Flow
$23,480.281

Location & Travel Times