3460 Old Washington Rd Unit 203, Waldorf, MD 20602

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Sold Price
$387,000
List Price
$399,000
Closing Date
May 29, 2026
Days on Market
210
Status
CLOSED
MLS#
MDCH2047770
Year Built
2000
County
Charles
School District
Charles County Public Schools

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.

Additional Information

Subdivision
Cambridge Professional Center
School District
Charles County Public Schools
Heating
Heat Pump
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Listing courtesy of CENTURY 21 New Millennium. Contact:

Selling Office: Taylor Properties.