$310,000
$275,000
12.7%For more information regarding the value of a property, please contact us for a free consultation.
1969 E OLD PHILADELPHIA RD Elkton, MD 21921
3,223 SqFt
Key Details
Sold Price $310,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,223 sqft
Price per Sqft $96
Subdivision Nondev
MLS Listing ID MDCC2001628
Style Bi-level
Year Built 1974
Annual Tax Amount $4,003
Tax Year 2021
Lot Size 1.530 Acres
Property Description
NOTE: Public Sewer Expansion is taking place on Old Philadelphia Rd. The new owner will be required to connect should it be completed and available prior to closing. If not completed the owner would have 10 years to connect. Anticipated $12,000. connection fee per unit. For complete information Contact Planning and Zoning for details.
**Two Tax ID #'s exist for this property and Can Not be sub-divided- (#08-03-018628-- Two Residence and Other Structure--1.53 Acres) (#08-03-017591- - Unimproved -0.23 Acres)**Estate Settlement--Being Sold "As Is"--Rehab Needed and Can Not be sub-divided- - Investment opportunity! Located on a 1.5 acre lot, with close proximity to Rt 40, I-95 and Harford County, this property features 3 separate income earning opportunities. Originally a single family home, with 3,223 sq. ft. of living space, the primary residence has been converted into 2 separate rental units. The upper level unit "B" features a kitchen, dining area, living room. 3 bedrooms, laundry and 2 full baths. The lower level unit "A" offers a living room, kitchen, 2 bedrooms and 2 full baths, with potential to convert back to a single family dwelling. Located in the rear of the property is an additional unit, a detached rancher, consisting of a living room, kitchen, bedroom, laundry, full bath and an unfinished area which could easily be updated to include 2 additional bedrooms. (A third dwelling exists on this property-1 bedroom/1 bath rancher-which will need major rehab/tear down and sewer hook-up) Live in one unit and rent the other two to offset your mortgage. An opportunity for the new owners to add their own personal touches with modern updates. If you are searching for an affordable income earning opportunity, with renovation needed, your search is over...1969 E. Old Philadelphia Road...Welcome Home!!!
NOTE- 1973 E Old Philadelphia Rd, Elkton, MD 21921- the home at the rear of the property is not included and needs to be sub-divided out of the property for sale. The Easterly driveway will provide a shared access to 1973 and 1971 E Old Philadelphia Rd- #1971 is included in the sale-
Location
State MD
County Cecil
Zoning MH
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Flooring Carpet, Vinyl
Fireplaces Number 1
Equipment Built-In Microwave, Cooktop, Dryer, Extra Refrigerator/Freezer, Oven - Wall, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
Exterior
Exterior Feature Deck(s)
Garage Spaces 6.0
Utilities Available Cable TV Available
Water Access N
Roof Type Composite
Building
Lot Description Backs to Trees
Foundation Block
Sewer Private Septic Tank
Water Well
Structure Type Dry Wall,Paneled Walls
New Construction N
Schools
Elementary Schools Elk Neck
Middle Schools North East
High Schools North East
School District Cecil County Public Schools
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Wanda L Jackson • RE/MAX Chesapeake