Description
Prime Investment Opportunity, Quadraplex Close to TownInvestors, take note. This four-unit quadraplex offers strong income potential in a convenient location just minutes from town. The property features one spacious 2-bedroom, 1-bath unit and three comfortable 1-bedroom, 1-bath units - a versatile mix that appeals to a wide range of tenants. One unit is currently leased at $685 on a month to month lease, three are vacant. With each unit projected to rent for approximately $1,000 or more per month, this property offers the potential to generate $4,000+ in gross monthly income. Whether you're growing your rental portfolio or looking for your first multi-unit investment, this is an opportunity worth a closer look.Don't miss your chance to own a income-producing property in a desirable, close-to-town setting. Schedule your showing today!
Details
| MLS # | MDCC2022994 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 23 |
| Listing Provided By | Foraker Realty Co. | Brian D. Foraker |
Features
| SQ Feet | 2,976 |
|---|---|
| Story(s) | 3 |
| Units | 1 |
| Zoning | R3 |
| Acreage | 0.30 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Heat Pump(s) |
Exterior
| Construction Materials | Other |
|---|---|
| Foundation Details | Other |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 3391 |
|---|
Area Information
| State | MD |
|---|---|
| County | CECIL MD |
| City | ELKTON |
| Zip Code | 21921 |
| Area | CECIL MD |
| School District | CECIL COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21921) | |
Price: $262,500 low | high Med: $367,495 sqft: 2,976 low | high Med: 1,470 $ / sqft: $88 low | high Med: $254 On site: 23 low | high Med: 23 | |
Market Activity 21921
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Learn More About This Property
| State | MD |
|---|---|
| County | CECIL MD |
| City | ELKTON |
| Zip Code | 21921 |
| Area | CECIL MD |
| School District | CECIL COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21921) | |
Price: $262,500 low | high Med: $367,495 sqft: 2,976 low | high Med: 1,470 $ / sqft: $88 low | high Med: $254 On site: 23 low | high Med: 23 | |