!!IMPROVED PRICE!! Spacious, multifunctional property in popular and trendy Takoma Park -- This vintage brick colonial would be ideal for large family or group living or as an owner-occupied home with a rental unit. Features ample off-street parking with three bedrooms readily expandable to five, and three full bathrooms. Decor is dated but fully functional. House is move-in usable. MOTIVATED SELLERS. Large outdoor side and rear area offers additional possibilities for expansion or use. Don't miss this chance for close-in living near transportation and attractions!
Some technical facts about the property:
-The tax record reflects a single-family residence usage code as well as being zones R10 multi-family.
-There is no HOA or short-term rental restrictions.
-An independent appraisal with a value of $700,000 is available upon request.
-Offers with residential loans may be accepted if one unit is owner-occupied; offers for non-owner-occupant must be a multi-family loan. Fannie Mae / Freddy Mac financing guidelines for multi-family properties provide for: Conventional loans at 15% down, FHA loans at 3.5% down, and VA loans at 0% down. An experienced, local lender can be referred should you have specific questions.
This house has not been certified yet, check in with an agent for more info!
Listing provided by Colin Gunderson
KW Metro Center
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