21720 Great Mills Road

    LEXINGTON PARK, MD 20653
    • $797,500
    • STATUS: Active
    • ON SITE: 189 days
    • ID#: 1009907208
    Price Reduced
    UPDATED: 33 min ago
    $797,500
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1950
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Sale of a rare 9 unit apartment building with a Nail Salon at the top of Great Mills Rd near PAX River NAS. Steady rental income, convenient location near shopping, restaurants, access to professional services. Utilities separately metered, parking on site next to building. There are two deeds, each with its own tax ID and address: 21720 and 21722. CAP rate is 9.03%, making this a great buy! Price just reduced, Seller Ready!

    Monthly Payment Calculator

    ©2019 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. 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: 2019-04-18T09:55:59.127.
    www.darthomes.com/homes/88358545

    21720 Great Mills Road LEXINGTON PARK, MD 20653

    • Price: $797,500
    • Status: Active
    • Updated: 33 min ago
    • ID#: 1009907208
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1950
    Built
    Neighborhood:
    Esperanza Shopping Center
    County:
    Saint Marys
    Elementary School:
    Lexington Park
    Middle School:
    Spring Ridge
    High School:
    Great Mills
    School District:
    St. Mary's County Public Schools
    Property Description
    Sale of a rare 9 unit apartment building with a Nail Salon at the top of Great Mills Rd near PAX River NAS. Steady rental income, convenient location near shopping, restaurants, access to professional services. Utilities separately metered, parking on site next to building. There are two deeds, each with its own tax ID and address: 21720 and 21722. CAP rate is 9.03%, making this a great buy! Price just reduced, Seller Ready!
    Exterior Features

    Architectural Style Other Construction Materials Concrete Direction Faces North Garage YN No Parking Features FreePaved DrivewaySurfaceUnassignedAsphalt Driveway Parking Types Driveway Property Condition As-Is ConditionShows Well Riparian Rights YN No Road Responsibility StatePublic Road Surface Type Access - On GradeApprovedPaved Roof Rubber Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Basement YN No Building Area Total 8000.00 Building Features Display WindowSignage Allowed Cooling Heat Pump(S)Window Unit(S) Fireplace YN No Flooring ConcreteWood Heating Heat Pump(S) Heating YN Yes Inclusions Parking Included In Listprice Net Square Feet 8000.00 Security Features Main Entrance Lock Walls Ceilings Dry Wall

    Property Features

    Acceptable Financing ExchangeCash Accessibility Features 32"+ Wide Doors Annual Gross Expense 305.00 Assessment Year 2018 Association YN No Business Type Barber/BeautyOtherInvestment Central Air YN No Condo YN No Cooling Fuel Electric Current Use CommercialMixedMulti ResidentialRetail Electric 120/240V Gross Income 102720.00 Ground Rent Payment Frequency Annually Heating Fuel Electric Historic YN No Hot Water Electric Incorporated City Name Lexington Park Insurance Expense 6700.00 Lease Considered YN No Maintenance Expense 10000.00 Navigable Water YN N Net Operating Income 72000.00 New Construction YN No Number Of Units Total 10 Operating Expense 22720.00 Operating Expense Includes InsuranceTrash Original MLSNumber 300862817731:MRIS Owner Pays Accounting/LegalInsuranceManagementRepairsTaxes - Personal Property Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Section 4 Sewer Public Sewer Tax Annual Amount 6816.0 Tax Assessment Amount 730900.0 Tax Lot 1 Total Actual Rent 102720.00 Trash Expense 1080.00 Utilities Cable Tv AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning Mxm Zoning Description Commercial

    Listing courtesy of O Brien Realty.
    ©2019 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. 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: 2019-04-18T09:55:59.127.
     
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