203 W MAIN ST, Elkton, MD 21921
203 W MAIN ST, Elkton, MD 21921
203 W MAIN ST, Elkton, MD 21921
203 W MAIN ST, Elkton, MD 21921
203 W MAIN ST, Elkton, MD 21921
203 W MAIN ST, Elkton, MD 21921
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Listed by Sheila Tweed • RE/MAX Chesapeake
$ 299,900
Est. payment | /mo

2,974 SqFt


Save
$ 299,900
Est. payment | /mo
Save

2,974 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 2,974 sqft

Price per Sqft $100

MLS Listing ID MDCC2023460

Style Other

Abv Grd Liv Area 2,974

Year Built 1900

Annual Tax Amount $4,428

Tax Year 2026

Lot Size 7,231 Sqft

Acres 0.17

Property Sub-Type Detached

Source BRIGHT

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!

Location

State MD

County Cecil

Zoning C1

Rooms

Basement Unfinished

Interior

Interior Features Bathroom - Tub Shower, Breakfast Area, Carpet, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Eat-In

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Carpet, Laminated, Hardwood

Inclusions Appliances: Refrigeratorss, Microwaves, Washer/Dryer

Equipment Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater

Fireplace N

Appliance Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater

Heat Source Electric

Laundry Lower Floor, Washer In Unit

Exterior

Exterior Feature Roof

Water Access N

Roof Type Shingle

Street Surface Paved

Accessibility None

Porch Roof

Garage N

Private Pool No

Building

Foundation Block

Above Ground Finished SqFt 2974

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Cecil County Public Schools

Others

Tax ID 0803040208

Ownership Fee Simple

SqFt Source 2974

Acceptable Financing Cash, Private, Other

Listing Terms Cash, Private, Other

Financing Cash,Private,Other

Special Listing Condition Standard

Bright MLS (BMLS)
Mikeshia Lindsey

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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203 W MAIN ST