21720 Great Mills Road

    LEXINGTON PARK, MD 20653
    • $950,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: 1009907208
    UPDATED: 50 min ago
    $950,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    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 8.42%, making this a great buy!

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    ©2018 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: 2018-11-17T23:55:51.413.
    www.darthomes.com/homes/88358545

    21720 Great Mills Road LEXINGTON PARK, MD 20653

    • Price: $950,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: 1009907208
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1950
    Built
    Neighborhood:
    Esperanza Shopping Cente
    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 8.42%, making this a great buy!
    Exterior Features

    Architectural Style Other Construction Materials Concrete 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 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 ListpriceParking Included In Saleprice Net Square Feet 8000.00 Security Features Main Entrance Lock Walls Ceilings Dry Wall

    Property Features

    Acceptable Financing ExchangeCash Accessibility Features 32"+ Wide Doors 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 Heating Fuel Electric Hot Water Electric Incorporated City Name Lexington Park Navigable Water YN N Net Operating Income 80000.00 New Construction YN No Operating Expense 22720.00 Original MLSNumber 300862817731:MRIS Owner Pays Accounting/LegalInsuranceManagementRepairsTaxes - Personal Property Ownership Interest Fee Simple Possession ImmediateNegotiable 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 Utilities Cable Tv Available Vacation Rental YN No Water Source Public Zoning Dmx Zoning Description C

    Listing courtesy of O Brien Realty.
    ©2018 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: 2018-11-17T23:55:51.413.
     
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