Have you been waiting to invest in your own apartment building or add to your current portfolio? This will be a great addition or an easy start to your portfolio. The current owners have streamlined this property for ease of use and maintenance. There are 7 apartment units that are all in good condition. 3 Apartments on the first floor, 3 on the second and 1 on the third. The lot that this building sits on is large and could accommodate additional usage such as storage units for the tenants. The property is well kept and has newer siding windows and a brand new roof. Nothing for you to do but take over. There is a basement that could also be converted to laundry for additional since. All 7 units are on month-to-month leases. The current owner has kept monthly prices and could easily be increased. This is an income-producing investment with a 6.5 cap rate and is ready for you to see today! Tenants pay for electric water and sewer.

Copyright 2023 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which PCS Home Team of KW participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated December 2, 2023. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Name

Your Email Address

Phone

Date

Time

Your Questions & Comments I would like to schedule a viewing for (ID # MDCC2006370)

Name

Your Email Address

Phone

Recipient's Name

Recipient's Email

Your Questions & Comments I found a listing on "PCS Home Team of Keller Williams Flagship of Maryland" which you may be interested in:

Listing Tools

Property Details of 228 W Main Street

Exterior Features

Exterior Features

Utilities and Appliances

Utilities and Appliances

Map Location

Driving Directions

The PCS Home Team of Keller Williams