10578 Cross Fox Ln #E2, Columbia, MD 21044

Description

*Tenant Occupied – Must Honor Lease* Investor alert in conveniently located Cross Fox Condos! This 1 bedroom, 1 bathroom top-floor penthouse unit is tenant occupied with a strong long-term tenant already in place. The current lease runs through 2/28/27 at $1,350/month and the tenant has always paid on time. With market rents for a 1 bedroom in Columbia typically ranging from $1,600–$1,850/month, this is a great opportunity for the next owner to step into immediate cash flow with room to improve NOI over time. The unit is in great shape and features bamboo flooring throughout. The top-floor location is a nice bonus with no neighbors above you. A savvy buyer has a few different options here: hold it as a long-term rental, or collect rent through the current lease term and eventually move in and make it your own after the lease expires. The location is hard to beat. Enjoy easy access to The Shoppes at Wilde Lake, Columbia Town Center, The Mall in Columbia, Merriweather Post Pavilion, the Merriweather District, Johns Hopkins Howard County Medical Center, Howard Community College, and commuter routes 29 and 32. Water, sewer and trash all included in the condo fee. No front foot fee! Shared laundry room in the building. Make us an offer before it’s too late!