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Listed by Courtney Phipps • Hyatt Commercial
$ 585,000
Est. payment /mo
New
4137 BARRETT PL Indian Head, MD 20640
1.08 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDCH2056874
Year Built 1940
Annual Tax Amount $6,502
Tax Year 2025
Lot Size 1.076 Acres
Acres 1.08
Property Sub-Type Other
Source BRIGHT
Property Description
Exceptional "AS-IS" investment opportunity featuring four separate residential properties situated on a single 1.03-acre parcel. With three of the four homes currently leased, this income-producing asset generates a current NOI of approximately $56,448 , with a projected stabilized Income of approximately $66,260. Each home has had recent updates to HVAC and plumbing. Ideally located just 29 miles from Washington, D.C., and less than five miles from the Naval Support Facility Indian Head, with a renters market driven by commuters, military personnel, and local employers.
Location
State MD
County Charles
Zoning RM
Interior
Hot Water Electric
Cooling Ductless/Mini-Split
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Other
Water Other
New Construction N
Schools
School District Charles County Public Schools
Others
Tax ID 0907009577
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Other
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Miguel C Martinez
Owner | License ID: 0225072428