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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Gregory & Stephanie Ireland

Gregory & Stephanie Ireland

+1(202) 550-0018
Listed by Sheila Tweed • RE/MAX Chesapeake
$ 299,900
Est. payment | /mo

7,231 Sqft Lot


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

7,231 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDCC2023438

Year Built 1900

Annual Tax Amount $4,428

Tax Year 2026

Lot Size 7,231 Sqft

Acres 0.17

Property Sub-Type Mixed Use

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

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Carpet, Laminated, Hardwood

Inclusions Appliances: Refrigeratorss, Microwaves, Washer/Dryer

Heat Source Electric

Exterior

Garage Spaces 10.0

Water Access N

Roof Type Shingle

Street Surface Paved

Accessibility None

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cecil County Public Schools

Others

Tax ID 0803040208

Ownership Fee Simple

Acceptable Financing Cash, Private, Other

Listing Terms Cash, Private, Other

Financing Cash,Private,Other

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

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203 W MAIN ST

Gregory & Stephanie Ireland

"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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