If you are a forward thinking investor looking for an instant cash flow asset with the long term vision to expand in an ever disappearing property class, this is the property for you! 3 unit Triplex, 11,000 square foot lot and $91,200 in gross income. 746 Thayer, blends historic charm… Read More with modern updates just steps to the Metro, shops, and restaurants, boasting a 96 Walk Score. All 3 units are registered rentals with Montgomery County and are fully occupied with strong tenant retention, reflecting consistent management and care. The main level (Unit 1) features 3 bedrooms and 2 baths with a bay window, arched doorways, coved ceilings, a restored original fireplace, hardwood floors, and a sunroom. Unit 2 the upstairs loft, offers 3 bedrooms and 1 bath, while Unit 3 on the lower level provides a 1-bedroom, 1-bath layout. The options are endless, just like the massive lot, live in one unit while the others generate income to offset your mortgage, or continue to lease all three for strong cash flow and long-term ROI or exercise a 1031 exchange for a true turnkey operational asset ready to go. The property includes parking for up to five vehicles and sits on a deep 11,000 sq ft lot with potential for an ADU or future expansion. Opportunities like this combining scale, location, stability, and upside are exceptionally rare. Act quickly. Read Less
Courtesy of Harry N Dunstan III, Coldwell Banker Realty - Washington 202-387-6180
Listing Snapshot
Days Online
1
Last Updated
Property Type
Triplex
Square Ft.
2,788
Lot Size
0.25 Acres
Year Built
1922
MLS Number
MDMC2223254
Additional Details
Basement
English
Building
Built in 1922, Living area: 2788, Construction Materials: Brick
Cooling
Window Unit(s)
Accessibility Features
None
Fireplaces
1 fireplace
Foundation
Slab
Heating
Radiator
Income
Gross Income: $91,200
Lot
0.25 acres, Backs to Trees, Level
Owner Pays
Electricity, Gas
Property
Very Good, Other structures: Above Grade, Below Grade
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