5395 BETA PL, Indian Head, MD 20640 - MLS#MDCH2036474

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Adam Ferst

[email protected] +1(202) 421-5500

$499,999

Est. payment - /mo

8 Beds

6 Baths

2.5 Acres Lot

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UPDATED:

11/15/2024 05:52 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Subdivision South Glymont Sub

MLS Listing ID MDCH2036474

Style Ranch/Rambler,Cape Cod

Bedrooms 8

Full Baths 5

Half Baths 1

HOA Y/N N

Originating Board BRIGHT

Year Built 1956

Annual Tax Amount $5,083

Tax Year 2024

Lot Size 2.500 Acres

Acres 2.5

Property Description

ATTENTION INVESTORS AND LANDLORDS - Don’t miss out on this rare and unique investment opportunity in Charles County. This multi-dwelling package presents an excellent opportunity to expand your portfolio with four rental units on a single 2.5 acre parcel. The units have had various upgrades during the current ownership and are priced accordingly to condition. The inclusion of washer and dryer in each unit adds convenience and value to both landlords and prospective tenants. Currently all four units are leased and tenant occupied providing immediate cash flow and are professionally managed by property manager. Two of the units are currently in month to month leases with the remaining two in first year leases. The combined monthly rental income is $5,045 with an additional combined $360/mo in tenant fees to cover water, sewer, trash dumpster service, snow removal and lawn maintenance for annual gross income of $64,860. There is no home owners association. The property is located very close to the Indian Head Naval Support Facility and the Stump Neck Naval Annex and offers seasonal water views of the Mattawoman Creek. Easy access to highways for commuting and accessing the local amenities and recreational areas.

Units 5375 and 5377 are a duplex configuration. Unit 5375 is 1 level 1BR 1FB at approx. 850 sq ft (adding closet to extra room could potentially be converted into a second bedroom). Unit 5377 is 1.5 level 1BR 1FB at approx. 900 sq ft (upper loft could potentially be converted into a second bedroom). Unit 5380 is a 2 level 4BR 2.5FB with an exterior entry utility cellar. Unit 5395 is a 1 level 2BR 1FB at approx. 912 sq ft. The rear units (5375, 5377 and 5380) share a common private well and septic system (system septic tanks and field replaced 2019). The front unit (5395) has its own private septic and shares common well with the other units.

Only the front unit (5395) is visible from Hawthorne Road. In order to minimize disturbance to tenants please DO NOT enter property except for during a scheduled showing appointment with the Listing Agent. Property parcel and homes are being sold strictly "As-Is" with cash,hard money,commercial,conventional or other acceptable financing methods. No contract assignments. Seller is offering the current ownership name and LLC in addition to the real property. Serious purchasers only please. Owner requires purchaser proof of funds prior to disturbing tenants with showing appointments.

Location

State MD

County Charles

Zoning CN

Rooms

Main Level Bedrooms 8

Interior

Hot Water Electric

Heating Baseboard - Electric, Forced Air, Central

Cooling Window Unit(s)

Equipment Oven/Range - Electric, Refrigerator, Washer, Dryer

Furnishings No

Fireplace N

Appliance Oven/Range - Electric, Refrigerator, Washer, Dryer

Heat Source Oil, Electric

Laundry Washer In Unit, Dryer In Unit

Exterior

Waterfront N

Water Access N

View Trees/Woods, Water

Roof Type Asphalt,Shingle

Street Surface Black Top,Gravel

Accessibility None

Road Frontage Private

Garage N

Building

Story 1

Foundation Crawl Space, Slab

Sewer Private Septic Tank

Water Well

Architectural Style Ranch/Rambler, Cape Cod

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Gale-Bailey

Middle Schools General Smallwood

High Schools Henry E. Lackey

School District Charles County Public Schools

Others

Senior Community No

Tax ID 0907022387

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Standard

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Listed by Kenneth W Phipps • CENTURY 21 New Millennium

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Adam Ferst

+1(202) 421-5500

Agent | RSRS325119

Agent RSRS325119

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