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Listed by Chad Bikle • Keller Williams Realty Centre
$699,000
Est. payment /mo
2,112 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWA2036840
Year Built 1919
Annual Tax Amount $4,152
Tax Year 2025
Lot Size 2,112 Sqft
Acres 0.05
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
ALMOST 10% CAP RATE POTENTIAL! This cash-flowing multi-unit property consists of 1 vacant retail space on the main level (will be listed at $2,600/month) and 4 fully occupied residential units on the upper levels. The residential units consist of two 2 bedroom, 1 bathroom apartments and two 1 bedroom, 1 bathroom apartments. The apartments currently rent at $1,150/month, $1,100/month, $950/month, and $900/month. The 1,660 square foot main level retail space has been completed renovated (list of renovations completed uploaded into the MLS) and is perfect for your own business or simply a cash-flowing addition to your portfolio! Highlights of the expansive renovation include a newer roof (2019), new HVAC system, new hot water heater, new plumbing, new electric, new walls and ceilings, new windows, new bathroom and storage closets, new crown molding and decorative beams throughout, new paint, new oak shelving throughout, new LVP flooring combined with original wood restoration, extensive cleaning and sealing of the basement space, new rear cellar retaining wall, and so much more! Don't miss your chance to own the hottest new multi-unit property in town!
Location
State MD
County Washington
Zoning TC
Interior
Hot Water Electric
Heating Hot Water
Cooling Ductless/Mini-Split, Window Unit(s)
Heat Source Electric
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2202006197
Ownership Fee Simple
Special Listing Condition Standard
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John MacDonald
Realtor | License ID: PA - RS342306
Realtor License ID: PA - RS342306