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$99,000
2 Beds
1 Bath1 full bath
886sqft
7141 Donnell Pl #B7, District Heights, MD 20747
$99,000
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Single Family Residence
Built in 1964
$600 HOA
2,545 sqft lot
$112/sq.ft
Description
Income-Producing Condo – Strong Cash Flow in District Heights
Tenant-occupied 1-bedroom condo currently generating $1,725/month (month-to-month lease), offering immediate income for investors.
Priced at $109,000, this property provides strong rental performance and long-term hold potential.
Estimated market value is approximately $125,000, with opportunity for light cosmetic improvements (paint, flooring, minor updates) to enhance overall value and tenant appeal.
Investment Highlights:
Current rent: $1,725/month
Strong rent-to-price ratio
Projected 7–8% cap rate based on typical operating expenses
Potential 18–20% cash-on-cash return depending on financing structure...
- Houzeo last checked: 50 Minutes ago
- Listing updated: March 10, 2026 at 7:18 pm
- Listing Provided by: Sam Gupta (214) 476-2856 | EXP Realty, LLC (888) 860-7369
- Source: Bright MLS-NJ | MLS#: MDPG2192436
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1964
HOA Fees
$600
Finished Area
886 sqft
Lot Size
2,545 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
MDPG2192436
MLS Status
ACTIVE-BRIGHT
Days on Market
19
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