Professionally managed by DHC Property Management. This fully renovated 8-unit multifamily property is located in the heart of Historic College Park and offers strong income potential with additional upside.
The property is currently generating approximately $7,800/month with two vacant units remaining to be leased. Once fully occupied, projected gross monthly income is approximately $10,900/month.
An additional detached building provides excellent value-add potential -- ideal for conversion into a shared laundry facility for added passive income or the opportunity to create another rental unit (buyer to verify zoning and permitted use).
Recent renovations make this a turnkey investment opportunity for buyers seeking immediate cash flow with future upside.