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Listed by George Merritt • NAI Coastal
$1,175,000
Est. payment /mo
3,922 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDSO2007168
Year Built 1950
Annual Tax Amount $4,259
Tax Year 2025
Lot Size 3,922 Sqft
Acres 0.09
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Introducing an exceptional investment opportunity in the heart of Princess Anne, MD. This expansive 14,182 SF building, constructed in 1950, boasts 17 units, comprising 10 residential and 7 commercial spaces, an excellent opportunity for a multifamily investor. Situated just a quarter of a mile from the University of Maryland Campus, this property offers an ideal location for potential tenants. With a layout designed to maximize rental income, this property presents an attractive prospect with great potential for yield and growth. Don't miss the chance to invest in this prime asset in a thriving area with promising returns.
Location
State MD
County Somerset
Area Somerset East Of Rt-13 (20-02)
Zoning C-1 COMMUNITY COMMERCIAL
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 5.0
Water Access N
Accessibility None
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Somerset County Public Schools
Others
Tax ID 2015005505
Ownership Fee Simple
Special Listing Condition Standard
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Nearby Locations
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