Investor Alert! Solid 3BR, 2.5BA condo townhouse in Gaithersburg featuring a brand-new HVAC, well-kept appliances, and a functional layout ideal for long-term rental stability. The property is tenant-occupied by a responsible renter of 10+ years who consistently pays on time and wishes to remain. Currently rented for $1,805/month, this home offers a turnkey investment with immediate, reliable income and no vacancy risk.Located just 1.5 miles from the approved Lake Forest Mall redevelopment, this area is positioned for significant appreciation. The redevelopment plan includes 1,600 new residential units, extensive retail, dining, commercial, and entertainment spaces, and a new transit center, all anticipated to drive long-term demand and increase neighborhood value. Investors will benefit not only from strong current cash flow but also from the future upside as the surrounding area transforms.A rare opportunity to secure a stable, income-producing asset in a rapidly improving corridor of Gaithersburg.
Investor Alert! Solid 3BR, 2.5BA condo townhouse in Gaithersburg featuring a brand-new HVAC, well-kept appliances, and a functional layout ideal for long-term rental stability. The property is tenant-occupied by a responsible renter of 10+ years who consistently pays on time and wishes to remain. Currently rented for $1,805/month, this home offers a turnkey investment with immediate, reliable income and no vacancy risk.Located just 1.5 miles from the approved Lake Forest Mall redevelopment, this area is positioned for significant appreciation. The redevelopment plan includes 1,600 new residential units, extensive retail, dining, commercial, and entertainment spaces, and a new transit center, all anticipated to drive long-term demand and increase neighborhood value. Investors will benefit not only from strong current cash flow but also from the future upside as the surrounding area transforms.A rare opportunity to secure a stable, income-producing asset in a rapidly improving corridor of Gaithersburg.
Neighborhood
Type
Total Baths
1/2 Baths
County
Montgomery
HOA Dues
$220/mo
Tax Amount
$4,263
Status
Active
Listing #
MDMC2207322
Built
1974
Listed on site
28 days
Listing Agent Id
1700004556152