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5395 Beta Place, Indian Head, MD 20640

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For Sale

$499,999

8 beds5 baths1 half baths

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • 1956
    Year built

  • Crawl Space, Slab Foundation
    Basement

Explore this Property

ATTENTION INVESTORS AND LANDLORDS - Don't miss out on this rare and unique investment opportunity in Charles County. This multi-dwelling package presents an excellent opportunity to expand your portfolio with four rental units on a single 2.5 acre parcel. The units have had various upgrades during the current ownership and are priced accordingly to condition. The inclusion of washer and dryer in each unit adds convenience and value to both landlords and prospective tenants. Currently all four units are leased and tenant occupied providing immediate cash flow and are professionally managed by property manager. Two of the units are currently in month to month leases with the remaining two in first year leases. The combined monthly rental income is $5,045 with an additional combined $360/mo in tenant fees to cover water, sewer, trash dumpster service, snow removal and lawn maintenance for annual gross income of $64,860. There is no home owners association. The property is located very close to the Indian Head Naval Support Facility and the Stump Neck Naval Annex and offers seasonal water views of the Mattawoman Creek. Easy access to highways for commuting and accessing the local amenities and recreational areas. <BR><BR> Units 5375 and 5377 are a duplex configuration. Unit 5375 is 1 level 1BR 1FB at approx. 850 sq ft (adding closet to extra room could potentially be converted into a second bedroom). Unit 5377 is 1.5 level 1BR 1FB at approx. 900 sq ft (upper loft could potentially be converted into a second bedroom). Unit 5380 is a 2 level 4BR 2.5FB with an exterior entry utility cellar. Unit 5395 is a 1 level 2BR 1FB at approx. 912 sq ft. The rear units (5375, 5377 and 5380) share a common private well and septic system (system septic tanks and field replaced 2019). The front unit (5395) has its own private septic and shares common well with the other units. <BR><BR> Only the front unit (5395) is visible from Hawthorne Road. In order to minimize disturbance to tenants please DO NOT enter property except for during a scheduled showing appointment with the Listing Agent. Property parcel and homes are being sold strictly "As-Is" with cash,hard money,commercial,conventional or other acceptable financing methods. No contract assignments. Seller is offering the current ownership name and LLC in addition to the real property. Serious purchasers only please. Owner requires purchaser proof of funds prior to disturbing tenants with showing appointments.
MLS# MDCH2036474

Listed By CENTURY 21 New Millennium

Property Features

  • Basement
    Crawl Space, Slab Foundation
  • Cooling
    Window A/C
  • Heating Type
    Baseboard, Forced Air
  • Lot Size
    2.5 Acres
  • Roof
    Asphalt Shingle Roof
  • Sewer
    Septic
  • Style
    Cape Cod
  • Views
    Water
  • Water
    Well

Map and Directions

Directions to 5395 Beta Place, Indian Head, MD 20640
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Home seller Meet the Agent,
Ken Phipps

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Ken Phipps

of CENTURY 21 New Millennium

License: 532258
(301) 752-3179
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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