1 /
112
Map
$1,172,788*
●
Commercial -
Off Market
7044 CARROLL AVE
TAKOMA PARK, MD 20912
Studio
0 Bath
$990,000 - $1,210,000
Reference Base Price*
6.62%
Since Feb 1, 2022
DC-Washington
Primary Model
About This Property
Imagine owning a part of history that produces good cash flow with
the potential for more! Here is a great opportunity to own a
unique circa 1920 Arts and Crafts style property in the heart of
the Historic District of the City. This Commercial property
has 6 residential rental units (2 x 2 BR, 3 x 1BR & 1 efficiency)
and over 3,000 square feet of space, and 1 retail store with 1100
square feet of space on 2 levels. Gross Income $108,423 per
year - ask agent for details. It's just a half-mile stroll to
Takoma Metro Station and nearby restaurants and stores are located
all around you. Enjoy the July 4th parade from the front
porch and the Takoma Street Festival in front of your door.
Tenants love it here with so much to do and with easy access
into nearby Washington, D.C. Tenants pay electricity which is
the source of heating and cooling for A/C units. The shop has CAC.
Owner pays water/sewer and hot water. Contact agent for
income/expense details. The sale is subject to the Tenant,
City, and County's first rights of refusal. Showings restricted due
to COVID. Please review floorplans & unit photos &
income/expense obtained from a helpful agent. Great
potential here for long-term cash flow in a high-demand area.
Photos and Tour at the website link.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,083
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 6, 2022 | No longer available | - | |
No longer available | |||
Dec 21, 2021 | Sold | $1,100,000 | |
Sold | |||
Dec 3, 2021 | In contract | - | |
In contract | |||
May 26, 2021 | Price Decreased |
$1,100,000
↓ $200K
(15.4%)
|
|
Price Decreased | |||
Apr 18, 2021 | Price Decreased |
$1,300,000
↓ $100K
(7.1%)
|
|
Price Decreased |
Show More
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
4
Beds
3
Baths
1,832 ft²
$598/ft²
$1,095,000
Jul 26, 2022
-
$425/mo
Condo
3
Beds
2.5
Baths
1,405 ft²
$794/ft²
$1,114,900
Nov 27, 2022
-
-
Active
House
5
Beds
3.5
Baths
3,080 ft²
$406/ft²
$1,250,000
Feb 7, 2023
-
$370/mo
In Contract
Townhouse
5
Beds
2.5
Baths
1,762 ft²
$567/ft²
$999,000
Nov 8, 2022
-
$355/mo
Active
House
4
Beds
3.5
Baths
2,780 ft²
$359/ft²
$999,000
Jan 21, 2023
-
$543/mo
Active
House
3
Beds
3.5
Baths
3,032 ft²
$412/ft²
$1,249,000
Nov 3, 2022
-
$1,298/mo
Active
House
5
Beds
4.5
Baths
3,591 ft²
$362/ft²
$1,300,000
Jan 25, 2023
-
$617/mo
Active
House
4
Beds
3
Baths
2,305 ft²
$390/ft²
$899,999
Feb 1, 2023
-
$375/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/18/2021
|
|
Loft
|
-
|
-
|
$1,400,000
Loft
-
|
$1,100,000
-21.43%
12/21/2021
|
-
|
David Maplesden
|
Building Info
About Takoma - DC
Similar Homes for Sale
$899,999
- 4 Beds
- 3 Baths
- 2,305 ft²
$1,300,000
- 5 Beds
- 4.5 Baths
- 3,591 ft²