Status: Closed
MLS#: PAMC679324
Type: Residential - Condo
HOA/Condo Fee: $180 Monthly
Subdivision: Wood Hollow
County: MONTGOMERY
HOA/Condo Fee: $180 Monthly
Looking for a true, TURN KEY investment opportunity with great tenants already in place? Here is your opportunity! Located in the most private, quiet court in the entire community, (only 8 units and plenty of parking!) this is your chance to own a first-floor, low maintenance investment property that cashflows like a king. Welcome to the desirable community of Wood Hollow, offering low monthly fees including trash AND water, plenty of amenities for active time outside, and only moments away from 309 and 202 and all points beyond. Upgrades abound, so all you have to do is sign the paperwork and start collecting rent. The three-panel sliding glass doors and all exterior windows were replaced in 2015, along with new interior doors and trim. Also in 2015, new waterproof luxury vinyl plank flooring was installed throughout the living room, dining area, hall, and both bedrooms. New bathroom vanities and toilets were installed in 2013. Typically the biggest expense for a condo owner is the A/C unit, and lucky for you this was replaced in 2017! The open floor plan seamlessly connects the living room and dining area, with a pass-through window from the galley kitchen. A walk down the hallway reveals the second bedroom with a wall-length closet and a full bathroom. Beyond these is the primary bedroom with a large walk-in closet and an equally large en suite bathroom. Finishing off the unit is a laundry room, closets for plenty of inside storage, and an exterior storage closet off the deck. Wood Hollow's mature tree-lined streets, basketball court, swimming pool, playground, and walking paths are an ideal place for your tenants to call "home". Existing lease is in place through July 31st, 2021, tenants have been in place for over 2 years and wish to stay. Current lease is $1,519.61 per month.