308 PATTERSON CT
TAKOMA PARK, MD 20912

$925,000

Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Status Active
Listing Other
Style Other
Year Built 1934
MLS® MDMC667398
Original Listing Open Link
Other For Sale

Property Features
This is 7 units (not 4) - 5 x 1BR and 2 efficiencies. This Brick and Stucco Tudor Style detached multifamily is in a great location on a quiet cul-de-sac next to Long Branch Park trail and yet just a block from Carroll Avenue leading to downtown Takoma Park Historic Area Restaurants and Stores one way, and Takoma/Langley future Purple Line station and shopping Mall in the other. Buses in all directions and close by Columbia Union University. This is a hot location that renters desire. Easy to rent with 5 one-bedroom units and 2 large studios; all completely self-contained with own bathrooms and kitchen. Better still it is outside of the City limits so not subject to the Rent Stabilization Law and is in fact in unincorporated Montgomery County. It features common gas hot water radiator heating; the best type that tenants love. There are two gas fired hot water heaters, and the electric box has been upgraded to circuite breaker. There's a separate laundry room in the basement with leased machines and rental income averages $300 per quarter. There's parking for 7 cars in the rear of the property and more out front. It's a pretty lot with a grassy area and hedge in the rear with room for tenants to stroll and just 50 yards away is the Long Branch Park trail that runs in both directions for jogging/walking. All units currently rented and room for future improvements with unfinished attic space and balcony not currently in use. They were all inspected in April 2019 by Montgomery County and passed. 3 units are recently completely remodeled and the seller has spent 100K in recent improvements/repairs. Gutters and downspouts are new. Here is a great opportunity to get into the multi-family housing market in a pleasant location where you are able to set market rents in the future.
Key Features
Lot Size 0.23 acres
Property Type Other
Year Built 1934
Style Other
Interior Features
Heating Radiator
Cooling Window Unit(s) A/C
Exterior Features
Lot Size 0.23 acres
Roof Asphalt
Parking Type On Street
Street Parking No
The Neighborhood
County MONTGOMERY
Elementary School ROLLING TERRACE
Middle School SILVER SPRING INTERNATIONAL
High School MONTGOMERY BLAIR

Disclaimer: Copyright © 2019 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Interested in this listing?
Listing Agent
David Maplesden
Takoma Park Old Town
Direct: 866-677-6937
Broker: 866 677 6937
Active Agent
Lance Vermeulen
LANCE VERMEULEN RE, INC
Direct: 4135286011x14
Broker: (413) 528-6011
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
Contact
Listing Agent
David Maplesden
Takoma Park Old Town
Direct: 866-677-6937
Broker: 866 677 6937
Active Agent
Lance Vermeulen
LANCE VERMEULEN RE, INC
Direct: 4135286011x14
Broker: (413) 528-6011
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
Mortgage Calculator
$

$ - / mo

Total no. of payments: -

Advertiser Center

How To Advertise

Stand out and get more results with a multimedia marketing strategy from The Real Estate Book.

View Our Media Kit
Publishing Opportunities

We're expanding. Start your own real estate marketing business today! New and existing markets available now.

Learn more
Current Advertisers

Create and manage your ads and listings, access Lead Activity Results and your TREB Mobile Agent account.

Log in
Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.