$235,000 |
Rinc |
| Active | 1,794 Square Feet |
| Built in 1942 | |
| MLS # MDBC2141910 |
Well maintained 2-unit townhome in desirable Westowne neighborhood! Purchase as an investment property or live in one unit, rent out the other! Unit 1 comprises of the main and lower level in addition to parking for 1-2 cars. The main level features original hardwood flooring throughout the expansive living/dining area, a powder room, kitchen, and access to a large deck. There are 2 bedrooms and a full bath on the lower level, which has tasteful LVP flooring throughout. Multiple storage areas, laundry, and walkout exit to backyard and parking pad. Unit 2 is located on the 2nd level (access through the front door/foyer area) and comprises of 2 bedrooms, 1 full bath, kitchen and laundry. Front bedroom is expansive and was previously used as a living room for prior tenants. Electric is separately metered. Separate water heaters for each unit (one replaced in 2025 and the other in 2021). Main electric line replaced in 2025. Roof maintenance completed in 2025. Oil heat primarily used for unit 1, unit 2 primarily uses baseboard heat w/ residual oil heat from unit 1. Property is being sold as is. Estimated cap rate of 10%, and estimated 22% cash on cash return.
Well maintained 2-unit townhome in desirable Westowne neighborhood! Purchase as an investment property or live in one unit, rent out the other! Unit 1 comprises of the main and lower level in addition to parking for 1-2 cars. The main level features original hardwood flooring throughout the expansive living/dining area, a powder room, kitchen, and access to a large deck. There are 2 bedrooms and a full bath on the lower level, which has tasteful LVP flooring throughout. Multiple storage areas, laundry, and walkout exit to backyard and parking pad. Unit 2 is located on the 2nd level (access through the front door/foyer area) and comprises of 2 bedrooms, 1 full bath, kitchen and laundry. Front bedroom is expansive and was previously used as a living room for prior tenants. Electric is separately metered. Separate water heaters for each unit (one replaced in 2025 and the other in 2021). Main electric line replaced in 2025. Roof maintenance completed in 2025. Oil heat primarily used for unit 1, unit 2 primarily uses baseboard heat w/ residual oil heat from unit 1. Property is being sold as is. Estimated cap rate of 10%, and estimated 22% cash on cash return.
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