Property Description

Investor Alert! Solid 3BR, 2.5BA condo townhouse in Gaithersburg featuring a brand-new HVAC, well-kept appliances, and a functional layout ideal for long-term rental stability. The property is tenant-occupied by a responsible renter of 10+ years who consistently pays on time and wishes to remain. Currently rented for $1,805/month, this home offers a turnkey investment with immediate, reliable income and no vacancy risk. Located just 1.5 miles from the approved Lake Forest Mall redevelopment, this area is positioned for significant appreciation. The redevelopment plan includes 1,600 new residential units, extensive retail, dining, commercial, and entertainment spaces, and a new transit center, all anticipated to drive long-term demand and increase neighborhood value. Investors will benefit not only from strong current cash flow but also from the future upside as the surrounding area transforms. A rare opportunity to secure a stable, income-producing asset in a rapidly improving corridor of Gaithersburg.

Property Features

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