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Key Details
Sold Price $485,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 34,682 sqft
Price per Sqft $13
MLS Listing ID MDDO124226
Sold Date 06/16/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1956
Annual Tax Amount $3,669
Tax Year 2020
Lot Size 4.800 Acres
Acres 4.8
Lot Dimensions 0.00 x 0.00
Property Description
Investment property for sale in Hurlock, MD with currently over 10% CAP and potential of over 12%. This is an owner occupied opportunity with tenant income paying the bills! Renovations include 3phase electric with meters for 5 separate Units, city water, new overhead doors. Currently has septic system but public sewer is available for hookup. Units have tenants in place.
Location
State MD
County Dorchester
Zoning B2
Interior
Hot Water Multi-tank
Heating Other
Cooling Multi Units
Heat Source Propane - Leased
Exterior
Garage Spaces 41.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 41
Garage N
Building
Sewer Shared Septic, Public Hook/Up Avail
Water Private, Public
New Construction N
Schools
School District Dorchester County Public Schools
Others
Tax ID 15-005378
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with James M Linthicum • Jim Linthicum Realty