Bought with Srinivas R Katuri • Taylor Properties
$387,000
$399,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
3460 OLD WASHINGTON RD #203 Waldorf, MD 20602
Key Details
Sold Price $387,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision Cambridge Professional Center
MLS Listing ID MDCH2047770
Sold Date 05/29/26
Year Built 2000
Annual Tax Amount $3,469
Tax Year 2024
Property Sub-Type Office
Source BRIGHT
Property Description
Don't miss this excellent opportunity to own an income-producing property with a strong, long-term national tenant. Located in a well-maintained office complex surrounded by medical and professional tenants, this property is ideal for investors seeking stable returns with a 11.2 % Cap Rate .Established Tenant: Occupied by a national tenant for the past 10 years. The lease was just renewed for an additional 5 years, with a 5-year renewal option. Condo fee: $498 per month ($5,976 annually). Real Estate Taxes: $3,537 per year. All utilities are paid by the tenant. Well Maintained: New carpet and paint are scheduled to be completed, ensuring the space remains in top condition. Professional Environment: Located in a thriving business park with professional and medical offices nearby. By Appointment Only: Property viewings require pre-qualification and must be scheduled with the listing agents present. No walk-ins permitted. A strong, secure investment in a growing commercial hub. Contact us today to schedule your private showing. Must sign an NDA prior to showing.
Location
State MD
County Charles
Zoning RO
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 12.0
Water Access N
Street Surface Black Top
Accessibility 32\"+ wide Doors, Elevator
Total Parking Spaces 12
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Charles County Public Schools
Others
Tax ID 0906330630
Ownership Condominium
Security Features 24 hour security
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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