432 Girard St #204
Gaithersburg, MD 20877

Great investment opportunity - Spacious ground floor condo which is currently occupied with tenants who have been there for 4 years and whose lease continue on through May 2024. Rent is $1,400/month for this year and $1,450 for next year. Tenants are great and pay on time with no issues.

Condos is updated and have no repairs needed, so this is turnkey, you would take over the existing lease.

According to Redfin and Zillow the places are worth between 165K-180K and market rent is over $1700-1800/month. I haven't increased rent as the tenants love the place.

Utilities such as electricity and water are included in the condo fee of $658 per month, and chilled water and hot water are supplied by a central system, so you do not have to worry about yearly maintenance of an in unit hot water heater or air conditioning compressor.

Why am I selling? Free up some cash as I am thinking of buying another place. Looking to sell in the next month or 2.
Note I am in no need to sell, so I am not going to drop the price, and do not offer to list these for me, I do not need a listing realtor. I will just continue renting these if I dont have a buyer. Message me if interested.