Subject-To
Take Over Existing Mortgage — Single Family in Hanover, MD
7240 Parkway Dr, Hanover, MD · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units3
Beds / baths6 / 3.5
Living area4,956 sqft
Lot0.25 acres
Year built1968
About this deal
Take over the seller's existing mortgage on this single-family home in Hanover, MD. 3 beds, 2.0 baths, 1,936 sq ft, built 1936. No new loan required — ideal for investors experienced with subject-to acquisitions.
The numbers
- Cap rate
- 5.3%
- Net operating income
- $11,436/yr
- Cash flow
- +$953/mo
- Occupancy
- 2 of 3 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.