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228 Manor Cir Takoma Park, MD 20912

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For Sale
$825,000

Renovated, fully occupied 7-unit apartment building in Takoma Park.

Lot size:
0.21 Acres

Property Features for 228 Manor Cir

General Information

Standard status
Active
Lot size
0.21 Acres

Building Details

Year built
1900

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Listing Contact
John C Alexander
Source: Corcoran

Listing Agency: AMR COMMERCIAL, LLC Listing Agent: John C Alexander

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Takoma Park Multifamily Investment Property

This is a seven-unit apartment building located in Takoma Park, Maryland. The property is fully occupied and has been recently renovated. A new roof was installed in 2023. Unit upgrades have been completed in five of the seven apartments. The property includes paved off-street parking. It is located in a highly desirable neighborhood.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Takoma Park
County
Montgomery
State
Maryland
Longitude
-77.0041732
Latitude
38.9794958

FAQs

What type of property is this?
Apartment building - Renovated, fully occupied 7-unit apartment building in Takoma Park.
Where is this apartment building located?
The property is located at 228 Manor Cir Takoma Park, MD.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: - Nearly 7% cash-on-cash return; - 100% occupied; - Newly renovated with unit upgrades in 5 of 7 apartments
More about this property
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