MLS#MDCC2023438
STATUSPENDING
PROPERTY TYPECommercial -
SCHOOLCECIL COUNTY PUBLIC SCHOOLS
Property Description
TRIPLEX! Income producing opportunity! Don’t miss your chance to own this three-unit apartment building offering established rental income and excellent potential for additional revenue! Zoned commercial with multiple residential use, this property features newer windows throughout, separate electric panels for each apartment, and plenty of parking in the adjoining parking lot! The first-floor apartment offers 3 bedrooms, 2 full baths, and an additional storage area, with monthly rent of $1,400. The vacant second-floor apartment features 2 bedrooms, 1 full bath, fresh paint, and recently cleaned carpeting, offering an opportunity to secure a new tenant. Previous monthly rent was $1,350.The third-floor apartment offers 1 bedroom, with monthly rent of $1,150. Two units are currently occupied by long-term tenants, providing an established rental income stream. Tenants pay all utilities, and existing leases transfer with the property. Conveniently located near restaurants, shopping, schools, medical facilities, and everyday amenities, this property offers a desirable combination of flexibility and income potential! Whether you’re a seasoned investor looking to expand your portfolio or just getting started in real estate investing, this property deserves your attention! Schedule your tour and explore the possibilities!
Property Features
Property Type: Commercial -
Cooling: None
Fuel Type: Electric
Heating: Baseboard - Electric
Lot Size: 0.17 Acres
Roof Type: Shingle
Taxes: $4,428
Year Built: 1900
Feature Descriptions
Days on Site: 6
Exterior: Block, Shingle Siding
Flooring: Carpet, Laminated, Hardwood
Lot Dimensions: 0.17 Acre(S)
Parking Notes: Lighted Parking, Unassigned
Sewer: Public Sewer
Total Garage/Parking Spaces: 10
Units: 3
Water: Public
Local Schools
School District: CECIL COUNTY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: RE/MAX Chesapeake
Agency Phone: 4103989200
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
203 W Main Street | MLS# MDCC2023438
This commercial property located at 203 W Main Street, Elkton, MD 21921 is currently listed for sale with an asking price of $299,900. W Main Street is located within the CECIL COUNTY PUBLIC SCHOOLS school district. Search Elkton real estate on www.realtymark.net today.