Greenbelt Real Estate Search

Greenbelt Properties under $200,000 for Sale

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Newest Greenbelt Properties under $200,000 for Sale

$195,000
2 Beds 2 Baths
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.

7917 Mandan Rd Unit #715 (T2), Greenbelt

Listing courtesy of Compass. Contact: (301) 298-1001

$148,500
1 Beds 1 Baths
Beautifully maintained and updated upper level unit in the charming historic Greenbelt housing cooperative. The front yard belongs to this unit, and includes the most charming, private deck ever, plus carefully designed and beautifully maintained perennial landscaping. This outdoor space is another whole living area to augment the compact but comfortable one-bedroom flat upstairs, above the street and in the trees. Inside, a storage closet at the bottom of the stairs serves as a great little spot to store a few garden tools and essentials, while another storage closet at the top of the stairs, shared with the neighbor across the landing, provides even more space for extra items. Inside, 8D Laurel Hill has been scrupulously maintained by the same owner for many years. Features include original hardwood floors, mini-splits (less than 3 years old), fresh paint in soothing colors, and a compact and well-designed kitchen that is in superb condition. And, bonus good news: the pipes have already been replaced in this row, as part of the community-wide pipe replacement program. Plus the roof was replaced 2 years ago! The care and attention to detail in this sweet little home is evident everywhere, from the shelving above the full-sized laundry machines to the spotlessly clean and bright bathroom. Buyers who need both thrifty pricing AND turnkey living in a beautifully maintained community will want to check this one out! It's the smartest, cutest, most comfortable 575 square feet that you've just about ever seen. This is a co-op, see ghi.coop for information about the community and approved lender list. Co-op fee is estimated. Cash or conventional financing only, with GHI approved lenders. Co-op fee includes PROPERTY TAXES, insurance, and major exterior and interior maintenance.

8 Laurel Hill Rd, Greenbelt

Listing courtesy of Compass. Contact: (202) 545-6900

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