Back on the Market – No Fault of Seller Welcome to 9323 Matador, a versatile property featuring two separate units. The main unit offers three bedrooms and two full baths, while the secondary unit includes one bedroom and one bath. Each residence has its own private exterior entrance and is individually metered for utilities. The one-bedroom unit is currently leased at $1,300 per month, while the main three-bedroom unit is vacant, presenting an immediate opportunity to lease at approximately $3,000 per month. Based on these figures, the property has the potential to generate a 7% capitalization rate, making it an excellent investment opportunity.
Columbia is located in Maryland. Columbia, Maryland has a population of 105,086. Columbia is less family-centric than the surrounding county with 30.45% of the households containing married families with children. The county average for households married with children is 39.13%.
The median household income in Columbia, Maryland is $113,592. The median household income for the surrounding county is $129,549 compared to the national median of $69,021. The median age of people living in Columbia is 38.9 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 23.9 degrees. The average rainfall is approximately 45 inches per year, with 17.3 inches of snow per year.
