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 | 24 |
| 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: $373,772 sqft: 2,976 low | high Med: 1,752 $ / sqft: $88 low | high Med: $214 On site: 24 low | high Med: 29.5 | |
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: $373,772 sqft: 2,976 low | high Med: 1,752 $ / sqft: $88 low | high Med: $214 On site: 24 low | high Med: 29.5 | |
CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but is not guaranteed accurate.
