44 WASHINGTON BLVD S, LAUREL, MD 20707 | MLS PG9814811 | Listing Information | MRIShomes.com
44 WASHINGTON BLVD S,  LAUREL MD, 20707 (Active)
$750,000
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MLS# PG9814811
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Last Updated: 12/8/2016 11:59 PM
Description for 44 WASHINGTON BLVD S LAUREL, MD 20707
This is a income producing property with a 6.9 % cap rate, fully leased, all tenants with 2 year leases, under market rents (room for rent increases ), 5% rent increase upon renewal of leases, some property updates in 2016,. The property leases to three tenants Sky Multiservices which uses 720 square ft $900, Posh Girlz Palace uses 1800 square ft $3100 , Extravadance uses 900 square ft $1300.
Price
$750,000
LAUREL
PRINCE GEORGES
PG9814811
Active
Description
This is a income producing property with a 6.9 % cap rate, fully leased, all tenants with 2 year leases, under market rents (room for rent increases ), 5% rent increase upon renewal of leases, some property updates in 2016,. The property leases to three tenants Sky Multiservices which uses 720 square ft $900, Posh Girlz Palace uses 1800 square ft $3100 , Extravadance uses 900 square ft $1300.
Listing Information
Property Type: Retail, Office, Office/Medical/Prof Bldg, Other
0.25 Acres $17 1915
2
LAUREL
Public
Public Sewer
Neighborhood
Room Information
Exterior / Lot Features
Drvwy/Off Str
CG
Shows Well, Restored
Financial Considerations
Fee Simple
17101121805
$7,714
2016
Other, Miscellaneous
$52,000
Market Activity
Listing Price History

LAUREL Real Estate

LAUREL is located in Maryland. LAUREL, Maryland 20707 has a population of 25,026.

The median household income in LAUREL, Maryland 20707 is $66,355. The median household income for the surrounding county is $73,568 compared to the national median of $53,046. The median age of people living in LAUREL 20707 is 34.8 years.

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Courtesy: Triple Net Investment Group LLC
Information is deemed reliable but is not guaranteed.

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