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908 Davis Ave, TAKOMA PARK, MD

$529,000 - $529k Price - 2,535 Sqft - .13 Acres - 85 DOM

Rare multi-unit investment opportunity in sought after Takoma Park. 3 unit property available subject to the City of Takoma Park Opportunity to Purchase once they have a ratified contract to review. Tenants have already waived their Opportunity to Purchase. This property is subject to rent control with allowable "banked" rent of Unit 1 of $1400, Unit 2 $1074 and Unit 3 $755. Current owner has a family member living in Unit 1 paying $1114 per month but the rent can be increased to the banked rent of $1400 for the next tenant. Unit 1 lease expires September 30, 2020. Unit 2 has tenant that has lived there since 2008 and unit 3 just had a tenant move out on 4/1/20. Pictures of Unit 1 are from before current tenant moved in. Owner pays gas and water - tenants pay their own electricity. Purchase as an investment opportunity or move in to one unit and use the rental income from the other units to help pay expenses. Currently tenant occupied so 24 hour notice required to show the property.

Essential Information

For 908 Davis Ave, TAKOMA PARK, MD
  • MLS® # MDMC699066
  • Price $529,000
  • Bathrooms 0.00
  • Square Footage 2,535
  • Lot Sqft 5,663
  • Year Built 1943
  • Type Multi-Family
  • Sub-Type Detached, Triplex
  • Style Traditional
  • Status Active
  • Condo Fee $0

Community Information

For 908 Davis Ave, TAKOMA PARK, MD
  • Address 908 Davis Ave
  • State MD
  • Zip Code 20912


For 908 Davis Ave, TAKOMA PARK, MD
  • Heating Radiant
  • Cooling Window Unit(s)
  • Fireplace Yes
  • # of Fireplaces 1
  • # of Stories 3


For 908 Davis Ave, TAKOMA PARK, MD
  • Exterior Brick Front, Vinyl Siding

School Information

For 908 Davis Ave, TAKOMA PARK, MD


For 908 Davis Ave, TAKOMA PARK, MD


Additional Information

For 908 Davis Ave, TAKOMA PARK, MD
  • Date Listed March 6th, 2020
  • Days on Market 85
  • Zoning R-40

Listing Details

For 908 Davis Ave, TAKOMA PARK, MD
  • Office EXIT Deluxe Realty

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Capital Park Team are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2020.

Listing information last updated on May 29th, 2020 at 3:20pm EDT.