8009 Garland Avenue Takoma Park, MD $ 875,000
8009 Garland Avenue
$ 875,000
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8009 Garland Avenue

Takoma Park, MD, 20912
$ 875,000
Bedrooms-- Baths-- Sq 2,300

Monthly Estimate*

$ 5,388

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Commercial Property for sale in Takoma Park, MD

for $875,000. This 2,300 square foot building was built in 1942 on a lot size of 0.18.

Investor ALERT, this is an extraordinary opportunity to own a charming, income-producing, FIVE-unit Tudor Cottage on 8009 Garland Ave, an architectural beauty that blends the compact symmetrical layout of a Cape Cod with the picturesque elements of a Tudor Revival. Offering approximately 2,300 sq ft of living space on a generous 7,836 sq ft corner lot backing to Long Branch Park. Just a stroll to scenic amenities; enjoy the playgrounds, sport courts, picnic areas, and extensive trails. This fully occupied property features several apartment styles. (1) Two-bedroom with sunroom or 3rd bedroom apartment, along with a delightful fireplace facade. (1) one bedroom with sunroom or 2nd bedroom apartment. (3) one bedrooms, with one additional fireplace facade. Each is separately metered (5) for electricity. Recent updates include: roof, wall paint, new carpeting, and a gorgeous custom arched entry door. Managed by owners who have lovingly maintained the property and do appliance updates as units turn. Includes public water/ sewer, gas heat, and a basement laundry facility with bike storage, this property is designed for a low-maintenance and long-term portfolio. Unlike many nearby properties, this structure is not subject to Takoma Park city proper rent restrictions. That delivers an endless opportunity to build wealth with appreciation, income growth, and stability. Experience strong rental income and take advantage of valuable tax incentives. Your tenants will love the tranquil, tree-lined street, ample corner parking, and the convenient proximity to shopping, restaurants, Metro, Washington Adventist University, and downtown Takoma Park, making this a sought-after location that will always remain in high demand. Don't miss this turnkey multifamily investment with immediate income and long-term appreciation, ideally located in one of Montgomery Countys most coveted rental destinations. Or Live in one unit and let the other 4 serve as income. You can't go wrong with this exceptional property. Current leases must be honored. Showing of this property is extremely limited please contact your real estate professional.

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Commercial Active

Price

$ 875,000

Property Type

Commercial

Taxes

$ 9,298

Style

Apartment Building

Lot Size

0.18

Year Built

1942

Town/City

Takoma Park

County/Region

Montgomery

MLS | Web ID

MDMC2237546

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Central Air Y/N N
Total Restrooms 5
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General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession Negotiable
Roof Architectural Shingle
Zoning R10
Security Features Main Entrance Lock
Construction Materials Brick Combination Stone
Year Built 1942
View Garden/Lawn
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Gross Income 70020.00
Business Type Apartment Building
Accessibility Level Entry - Main
County MONTGOMERY
Net Operating Income 48620.00
Operating Expense 21400.00
Insurance Expense 2834.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions 495 to New Hampshire Ave R on Lebanon St L on University Blvd E R on Anne St R on Glenside Dr L on Carroll Ave and R on Garland Ave
City TAKOMA PARK
Disclosures House Code - Current License Lead Inspection Certificate Available Prop Disclaimer
Number Of Units Total 5
Lot Size Units Square Feet
Lot Size Square Feet 7841.00
Tax Annual Amount 9298.0
Electric Expense 307.00
Property Condition Good
Price Per Sq Ft Total AG 380.43
Avg. Electric Per Month 25.0
Vacation Rental Y/N N
Virtual Tour https://hub.truplace.com/3087857/idx
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Estimated
Tax Lot 1
Total Actual Rent 70020.00
Cap Rate 5.40
Association Recreation Fee N
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Exterior
Lot Features Backs - Parkland
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Building Area Total 2300.00
Lot Size Acres 0.18
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 116500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 8009
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* Excluded Features
List By
Coldwell Banker Realty

Broker

marylandagent@aol.com

Email

Affordability Calculator

$6,162
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$775
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$875,000 Listed Price

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8009 Garland Avenue, Takoma Park, MD, 20912 is a Commercial Property for sale at $875,000 with 2,300 sqft and a lot size of 0.18. 8009 Garland Avenue was built in 1942. The property's zip code is 20912 which is in Takoma Park, MD