Turnkey investment opportunity in Greenbriar Condominiums with a proven long-term tenant, immediate rental income, included utilities, designated parking, additional storage, and a lease secured through July 31, 2027. This spacious two-bedroom, two-bathroom condo offers approximately 1,163 square feet of living space and has been occupied by the same tenant for approximately eight years with no reported issues. The current rent is $1,928 per month, and the existing lease and $1,500 security deposit will transfer to the purchaser at settlement.
The single-level floor plan features a generously sized living room, separate dining area, functional galley kitchen, two well-proportioned bedrooms, two full bathrooms, ample closet space, and an in-unit washer and dryer. A private covered patio overlooks the community grounds and provides additional outdoor living space. The property also includes two designated parking spaces and a separate storage unit within the building.
The monthly condominium fee is $717 and includes water, electricity, central air conditioning, and heat, providing predictable utility costs and simplifying ongoing ownership expenses. The property is conveniently located near shopping, public transportation, the Capital Beltway, Baltimore-Washington Parkway, and other major commuter routes.
With a proven eight-year tenant, immediate rental income, utilities included in the condominium fee, two designated parking spaces, additional storage, and a lease already secured through July 2027, this property offers an attractive opportunity to add an established rental asset to an investment portfolio. Property is being sold subject to the existing lease.
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Listing Snapshot
Price
$180,000
Days On Site
53 Days
Bedrooms
2
Inside Area (SqFt)
1,163 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
N/A
Year Built
1977
MLS® Number
MDPG2214050
Status
Active
Property Tax
$3,581
HOA/Condo/Coop Fees
$717 monthly
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 weeks ago
Price changed to $180,000
2 weeks ago
Listing updated with changes from the MLS®
2 months ago
Status changed to Active
2 months ago
Listing first seen on site
General Features
Levels
One
Parking
Parking Lot
Parking Spaces
3
Pets
Yes
Property Sub Type
Condominium
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1163
SqFt Total
1163
Style
Traditional
Water Source
Public
Zoning
R-T
Interior Features
Appliances
Electric RangeElectric OvenElectric Water HeaterDishwasherDryerMicrowaveWasher
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