$265,000
$280,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
244 RED HILL RD Elkton, MD 21921
2,620 SqFt
Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,620 sqft
Price per Sqft $101
Subdivision None Available
MLS Listing ID MDCC2002620
Style Ranch/Rambler,Dwelling with Rental,Unit/Flat
Year Built 2006
Annual Tax Amount $2,423
Tax Year 2021
Lot Size 9,539 Sqft
Property Description
Add three doors to your portfolio today! This 3-unit property includes one 2-bedroom rancher built in 2006, and a two unit apartment building. Both 1BR/1BA apartments include full kitchens and spacious living rooms. All units metered individually. Each unit has laundry hook-ups and two of the units having washer/dryers. The property has ample paved parking plus two storage sheds for the apartment residents use. All are occupied on a month-to-month basis so it is possible to extend the leases and increase rents, if desired. All tenants would like to remain so this is an excellent opportunity to add cash flow quickly.
Location
State MD
County Cecil
Zoning ST
Interior
Hot Water Electric
Heating Heat Pump(s), Forced Air
Cooling Central A/C, Ceiling Fan(s)
Flooring Carpet, Vinyl
Equipment Refrigerator, Oven/Range - Electric, Dryer - Electric, Washer, Exhaust Fan, Built-In Microwave
Exterior
Exterior Feature Porch(es)
Garage Spaces 6.0
Water Access N
Roof Type Architectural Shingle
Building
Foundation Crawl Space
Sewer Holding Tank
Water Public
New Construction N
Schools
Elementary Schools Thomson Estates
Middle Schools Elkton
High Schools Elkton
School District Cecil County Public Schools
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
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Bought with Joan R Tepper • Key Realty, Incorporated