$725,000
$725,000
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538-AND 534 MONKTON RD Monkton, MD 21111
5,688 SqFt
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,688 sqft
Price per Sqft $127
Subdivision Monkton
MLS Listing ID MDBC2007934
Style Other
Year Built 1947
Annual Tax Amount $8,217
Tax Year 2021
Lot Size 29.480 Acres
Property Description
NO OPEN HOUSES SCHEDULED...SHOWN BY APPOINTMENT ONLY. Unique opportunity to purchase a multi-unit investment property in the heart of Hereford. Included in the sale is a single family bungalow style home at 534 Monkton Rd. and a commercial style brick two-story building with one storefront space and four separate apartments, all occupied and in good condition. Three 2 bedroom units and one 1 bedroom unit and additional storefront space. Separate electric meters and shared oil fired hot water heating system with separate thermostats in multi-unit bldg. Full basement is utility and storage area. The single family home is rented and also in good condition. The improvements are situated on 29.48 acres of land, all wooded except for the area around the improvements (see documents for tax map drawing). Current zoning does not allow further subdivision. Separate recorded ROW access to the far end of the property. See document site for additional information. DO NOT ENTER THE PROPERTY WITHOUT AN APPOINTMENT AND ALL APPOINTMENTS WILL BE DURING TWO TIME PERIODS EACH WEEK TO BE CONSIDERATE TO THE TENANTS: WED. 5-8 PM AND SUN 1-5PM, WITH PRIOR DAY NOTICE REQUIRED. All units have Baltimore County Rental licenses in place and are lead paint compliant. Financials to be provided to serious buyers only. Seller financing may be available to qualified buyer with 25% down payment and excellent credit. Land would be great for creating walking trails, hunting, or just enjoying the natural wooded setting.
Location
State MD
County Baltimore
Zoning CB & RC-7
Interior
Hot Water Electric
Heating Forced Air, Baseboard - Hot Water
Cooling Ceiling Fan(s), Central A/C, Window Unit(s)
Flooring Carpet, Hardwood, Vinyl
Exterior
Exterior Feature Deck(s), Porch(es)
Parking Features Additional Storage Area
Garage Spaces 16.0
Utilities Available Cable TV Available, Electric Available, Phone Available
Water Access N
Roof Type Architectural Shingle,Flat
Building
Lot Description Rural, Trees/Wooded
Sewer On Site Septic
Water Well
New Construction N
Schools
Elementary Schools Sparks
Middle Schools Hereford
High Schools Hereford
School District Baltimore County Public Schools
Others
Acceptable Financing Cash, Conventional, Seller Financing
Listing Terms Cash, Conventional, Seller Financing
Special Listing Condition Standard
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Bought with Austin J Carroll • Keller Williams Flagship of Maryland