Gaithersburg, MD 20886 10120 Little Pond # 4

GREATLY IMPROVED PRICE!! INVESTOR PURCHASE ONLY AND MUST BE SUBSEQUENTLY RENTED. This property is bound by a regulatory agreement between the owner and Montgomery County, Maryland (Regulatory Agreement) that requires the owner to operate the property as a residential rental unit to be occupied by households whose income does not exceed 50% of the area median income for the Washington Metropolitan Statistical Area, as determined from time to time by the United States Department of Housing and Urban Development, adjusted for family size. The Regulatory Agreement, which contains the full scope of operating restrictions, is attached hereto as Exhibit A and recorded at Book 56738, Page 246 in the Land Records of Montgomery County. CASH & CONVENTIONAL LOANS ONLY. Location, location, location! This move-in ready home features fresh paint & flooring throughout, tons of natural light, and spacious bedrooms. Enjoy a quick walk to a variety of restaurants, post office, CVS, Starbucks, ALDI, brand new Lidl, and farmers' market. Easy access to 270, 370, 355, 200 for your commute. In addition to the community pool and tennis courts, there are parks and trails for your enjoyment. $675/month Condo fee includes electric, gas, and water. You are going to love it - book your appointment today!