Listed By:
Courtney D. Phipps with Hyatt Commercial - 4102668800;
Address
4137 Barrett Place, Indian Head, MD
Price
$ 585,000
Property Attributes
  • MLS#MDCH2056878
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountyCHARLES
  • CityIndian Head
  • NeighborhoodGlymont
  • Zip20640
  • StyleCottage
  • Year Built1940
  • Taxes$ 6502
  • Price$ 585,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4200
  • Lot Size1.08 Acres
Data Source:
Bright MLS
Property Description

Exceptional "AS-IS" investment opportunity featuring four separate residential properties situated on a single 1.03-acre parcel. With three of the four homes currently leased, this income-producing asset generates a current NOI of approximately $56,448 , with a projected stabilized Income of approximately $66,260. Each home has had recent updates to HVAC and plumbing. Ideally located just 29 miles from Washington, D.C., and less than five miles from the Naval Support Facility Indian Head, with a renters market driven by commuters, military personnel, and local employers.

Price History
7/2/2026 Listed $585,000

General Features

Living Area 4200
Sewer Other
Heating 90% Forced Air
Cooling Ductless/Mini-Split
Possession Settlement
Zoning RM
Architectural Style Cottage
Construction Materials Mixed
School District CHARLES COUNTY PUBLIC SCHOOLS
Year Built 1940
Levels 1
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County CHARLES
New Construction No
Property Type Residential
HOA No
Subdivision Name GLYMONT
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade
Status ACTIVE
Directions From Route 301 turn onto Hawthorne Road; drive straight toward Strauss Avenue; Turn left on Strauss Avenue,Then an immediate left onto Barrett Place.
City INDIAN HEAD
Senior Community Y/N No
Lot Size Units Square Feet
Lot Size Square Feet 46870.00
Tax Assessed Value 518700.0
Tax Annual Amount 6502.0
Home Warranty Y/N No
Structure Type Other
Condo/Coop Association fee Y/N No
Bathrooms Count Main Level 0.00
Price Per Sq Ft Total AG 139.29
Acceptable Financing Cash,Conventional
Historic Y/N No
Vacation Rental Y/N No
Total SQFT 4200
Standard Status Active
Year Built Source Estimated
Legal Subdivision SOUTH GLYMONT SUB
Tax Lot 38
Association Recreation Fee No

Interior Features

Heating Fuel Electric
Hot Water Electric
Basement (Y/N) No
Heating Y/N Yes
Above Grade Finished Area 4200
Central Air Y/N No
LivingAreaSource Estimated
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet

Exterior Features

Pool No Pool
Water Source Other
Type of Parking Driveway
Land Use Code R
Water View Y/N No
Lot Size Acres 1.08
Lot Size Source Estimated
Waterfront Y/N No
Land Assessed Value 132500.00
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 20640

Price
AVG $460K
$590K
Taxes
AVG $20,224
$6,502
Year Built
AVG 1976
1940
Visits
AVG 391
21
Data Provided by Inside Real Estate®

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