7124 Carroll Avenue
Takoma Park, MD 20912
MLS #MC10107791

  • 7units
  • 0.3acres
Est. P&I payment: $3437.39/mo
Description for 7124 Carroll Avenue, Takoma Park, MD 20912
Enjoy the old-fashioned feel of this charming Bungalow in the Historic District close to restaurants, cooperative, library, town hall & metro. 7 self-contained licensed units.Easy 2 rent here. Great for owner occupant too w/3 BR unit. On 2 lots 2/off-street parking. Updated kitchens & bathrooms & new paint. Shows well. Many recent improvements. Subject 1st Rt Refusal for tenants. 7.24% Cap Rate
MLS #MC10107791
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My Notes for MLS #MC10107791

General Features

  • Property Type: Multi-Family
  • Type: Detached
  • Year Built: 1930
  • Total Units: 7
  • Unit List: Efficiency,​One Bedroom,​Three Bedroom
  • One Bedroom Units: 4
  • Three Bedroom Units: 1
  • Efficiency Units: 2

Exterior Features

  • Exterior: Shingle,​Combination
  • Exterior Features: Porch-front,​Street Lights,​Sidewalks
  • Stories: 3
  • Handicap: None
  • Roof: Shingle - Asphalt
  • Lot Description: Cleared,​Open
  • Exposure: East,​West
  • Lot AreaAcre: 0.298439
  • Lot Size Area: 13,000
  • Parking: Detached,​Garage,​Drvwy/Off Str
  • Garage: 1
  • Garage Type: Detached
  • Water Front: N

Interior Features

  • Basement: Y
  • Basement Entrance: Outside Entrance,​Side Entrance,​Rear Entrance
  • Basement Type: Heated,​Outside Entrance,​Side Entrance
  • Fireplaces: 1
  • Windows Doors: Double Pane Windows

Utilities Features

  • Appliances: Refrigerator,​Stove
  • Cooling Fuel: Electric
  • Cooling: Central Air Conditioning
  • Heating Fuel: Natural Gas,​Electric
  • Heating: Baseboard,​Radiator
  • Hot Water: Natural Gas
  • Metering: Electricity is sep,​Other,​Heat is Common
  • Sewer Septic: Public Sewer,​Public Septic
  • Water: Public

Financial Features

  • Total Taxes: 12,773
  • Total Taxes Payment Freq: Annually
  • City Town Tax: 3,544.3
  • City Town Tax Payment Freq: Annually
  • County Tax: 7,455.08
  • County Tax Payment Freq: Annually
  • Tax Year: 2017
  • Improvement Assessment Amount: 214,400
  • Improvement Assmnt. Payment Freq: Annually
  • Land Assessment Amount: 429,000
  • Land Assessment Payment Freq: Annually
  • Total Assessment: 643,400
  • Total Assessment Payment Freq: Annually
  • Assessment Year: 2017
  • Refuse Fee: 112.42
  • Property Net Operating Income: 65,308
  • Gross Income: 93,662.52
  • Expenses: 28,355
  • Monthly Gross Rent: 7,805
  • Additional Income Sources: Parking,​Laundry
  • Owner Pays: Accounting/Legal,​Property Insurance,​Repairs and Maintenance,​Supplies,​Taxes-Real Estate,​Utilities,​Property Management
  • One Bedroom Avg Rent: 976
  • Three Bedroom Avg Rent: 1,975
  • Efficiency Avg Rent: 890

Community Features

  • City: 10000053157
  • County: Montgomery
  • Subdivision: TAKOMA PARK
  • HOA: N
  • Vacation Home: N
  • Transportation: Subway - 1 Mile,​Public Bus Service,​Metrorail Bus - 1 Mile
  • Amenities: Attached Master Bathroom,​Wood Floors

School Features

  • Elementary School: TAKOMA PARK
  • Middle School: TAKOMA PARK

Misc Features

  • Auction: N
  • Foreclosure: N
  • Potential Short Sale: No
  • Tenancy: 1 Year Lease(s),​Lease terms Mixed
  • Property Condition: As-is condition,​Restored,​Renov/Remod,​Shows Well
  • New Construction: N
  • Zoning Code: R20


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The listing information for 7124 Carroll Avenue, Takoma Park, MD 20912 was graciously provided by our friends at the listing brokerage, Long & Foster Real Estate, Inc.

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Last Updated 03/20/2018 at 9:42am