Buy & Hold Condo Opportunity - Strong Cash Flow Solid 1 bed / 1 bath condo in PG County offering strong cash flow. Current rent is $1,500/month with an estimated $600-$700/month cash flow. HOA is $600/month and includes utilities. Long-term tenants in place, paying on time, with a lease through 2026. The unit is in great condition, well maintained, and needs no renovations. All mechanical systems are in good working order. Property is sold AS-IS, and buyer pays all closing costs. Lease and rent rolls available to serious buyers with proof of funds. Showings are limited - 24-hour notice required.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: 90% Forced Air
- Heating: Yes
Appliances
Garage and Parking
- Parking Features: Parking Lot
Homeowners Association
- Association: Yes
- Association Fee: 600
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 600
- Senior Community: No
School Information
- School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Other Property Info
- Annual Tax Amount: 1213
- Source Listing Status: Pending
- County: PRINCE GEORGES
- Disclaimer: Standard
- Ownership: Condominium
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: HOLLY HILL CONDOMINIUMS
- Postal Code Plus 4: 4254
- Subdivision: HOLLY HILL CONDOMINIUMS
Building and Construction
- Total Square Feet Living: 659
- Year Built: 1964
- Above Grade Finished Area: 659
- BelowGradeFinishedArea: 0
- Building Name: HOLLY HILL CONDO- PHASE III
- Construction Materials: Brick, Block
- Levels: 1
- Property Age: 62
- Levels or Stories: 1
- Structure Type: Unit/Flat/Apartment
- Total Area Sqft: 659
- Architectural Style: Traditional