Incredible Investment opportunity at College Park Towers (CPT) located across the street from Univ of Maryland Campus. Currently rented thru end of June. New lease for 8/1/2021-6/30/22 already signed and deposits received. Rent for new lease $2,600 - $775 - taxes ($3,300/12) = $1,550 NET/month. New (2019) kitchen. Comes with one unassigned parking spot. Ground floor unit with patio - see pix. CPT is a block from local shops/restaurants/CVS/Target etc, you will never have trouble renting this to UMD students. Building is 90% owner/investor, so don't go looking for a standard mortgage - this will be an ALL CASH deal - don't bother with a realtor. Contact owner/seller (lives 20 mins away) for a visit. Find a title company, and we can close the deal in a week.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
