921 PROSPECT STREET, Takoma Park, MD 20912

Located in Takoma Park, MD, this all-brick 5-unit apartment building at 921 Prospect St is situated alongside Long Branch Stream Valley Park. Each of the five units features 2 bedrooms and 1 bathroom, with balconies or porches overlooking the park. Units 2 through 5 are currently licensed and occupied, with updated lead-free certificates available for these units. Each unit is individually metered and has its own HVAC system with a gas furnace and central air conditioning. The owner is responsible for water, sewer, and water heater expenses. The property includes a private, off-street, paved parking lot accommodating 5 vehicles. Each unit also has a large storage locker in the basement utility room, along with a shared community washer and dryer. The building has 6 electric and 6 gas meters and is cable-ready with fiber-optic internet. A secured entry foyer provides access to the 4 upper units. Additional features include a storage shed in the rear garden and a private patio behind a fence for Unit 1. Mature garden shrubs and trees enhance the location beside the park with trails. Recent improvements include a new 100-gallon gas water heater in 2023, a recent large LG washer and dryer in the utility room, a new HVAC system for unit 2 in 2023, and new AC units for units 2 and 5 in 2024. Units 1, 2, 3, and 5 have remodeled kitchens. The building was updated in 1961. Two future Purple Line metro stations are within 0.5 miles of the property, and the Takoma DC Metro station on the Red Line is 1.5 miles away. Historic downtown Takoma Park, with restaurants, a Food Coop, a library, and shops, is nearby, as is the Whole Foods in downtown Silver Spring. Interstate 495 access is a 5 to 15-minute drive away. Bethesda, MD, and the University of Maryland are within a short commute, and Washington Adventist University is a short walk away. The building is not subject to the City Rent Stabilization law, but it is subject to the Montgomery County law.