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21 Sumac Road

GLEN BURNIE, MD 21060
  • $845,000
  • STATUS: Active
  • ON SITE: 65 Days
  • ID#: MDAA2077910
Price Reduced
$845,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1949
County:

School Ratings & Info

Description

6 total rental units. Cash flowing, no deferred maintenance, fully rented, and recently renovated apartment building (5 units) plus single-family home in renter-dense Glen Burnie location. Lead-free (MDE registered) and legal (cert of use w/non-conf cert and MDL). Property was fully renovated in '18/'19 -- new roofs and gutters, individually electrical metered, new water heater, paint, LED lighting, landscaping, fencing, mailbox cluster, and 5 of 6 interiors completely re-done including baseboad heaters. Actual annual rents of $90,120 with upside, equating to a 8.75% current cap rate.Units consist of one 3-bedroom, three 1-bedrooms, and one efficiency in the apartment building and one 1-bedroom bungalow single-family home. There is a separate laundry room with income.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-19T17:52:56.623.
www.greatfallsgreathomes.com/homes/147599949
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21 Sumac Road GLEN BURNIE, MD 21060

  • Price: $845,000
  • Status: Active
  • On Site: 65 Days
  • ID#: MDAA2077910
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1949
Built
County:
Anne Arundel
School District:
Anne Arundel County Public Schools
Property Description
6 total rental units. Cash flowing, no deferred maintenance, fully rented, and recently renovated apartment building (5 units) plus single-family home in renter-dense Glen Burnie location. Lead-free (MDE registered) and legal (cert of use w/non-conf cert and MDL). Property was fully renovated in '18/'19 -- new roofs and gutters, individually electrical metered, new water heater, paint, LED lighting, landscaping, fencing, mailbox cluster, and 5 of 6 interiors completely re-done including baseboad heaters. Actual annual rents of $90,120 with upside, equating to a 8.75% current cap rate.Units consist of one 3-bedroom, three 1-bedrooms, and one efficiency in the apartment building and one 1-bedroom bungalow single-family home. There is a separate laundry room with income.
Exterior Features

Construction Materials Other Garage YN No Parking Types Parking Lot Property Condition Good Roof AsphaltArchitectural Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4500.00 Cooling Window Unit(s) Heating Baseboard - Electric Heating YN Yes Net Square Feet 4500.00

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802865409112 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 5890.00 Tax Lot 11 Total Actual Rent 90120.00 Vacation Rental YN No Water Source Public Year Built Effective 2018 Zoning R5

Listing courtesy of Taylor Properties: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-19T17:52:56.623.
 
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