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4137 Barrett Pl 4 Unit Apartment Building $650,000 ($162,500/Unit) Indian Head, MD 20640
Investment Highlights
- 4 single family homes all on one parcel
- strong rental history
- 2 shared wells and public sewer
Executive Summary
Excellent investment opportunity! This 1.08-acre parcel offers 4 single-family detached homes, all fully occupied and generating a combined monthly rental income of $6,000. Each unit has been recently updated with energy-efficient ductless mini-split systems. The homes are served by public sewer with 2- shared wells. A large detached barn adds potential for storage or other value-add uses. With a strong rental history and fully leased occupancy, this property provides immediate cash flow with room for long-term growth. Located just minutes from Route 210, the Town of Indian Head, and NSWC Indian Head, plus a short drive to National Harbor, Washington, D.C., and Northern Virginia, this property sits in a convenient commuter corridor with steady rental demand.
Property Facts
| Price | $650,000 | Lot Size | 1.08 AC |
| Price Per Unit | $162,500 | Building Size | 4,000 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2000 |
| Property Subtype | Apartment | Parking Ratio | 2.5/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | RM - Residential Medium Density | ||
| Price | $650,000 |
| Price Per Unit | $162,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.08 AC |
| Building Size | 4,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2000 |
| Parking Ratio | 2.5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM - Residential Medium Density |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 07-009577 | Improvements Assessment | $347,700 |
| Land Assessment | $132,500 | Total Assessment | $480,200 |
Property Taxes
Parcel Number
07-009577
Land Assessment
$132,500
Improvements Assessment
$347,700
Total Assessment
$480,200
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4137 Barrett Pl