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$ 7,000,000
Est. payment | /mo
43,909 SqFt
$ 7,000,000
Est. payment | /mo
43,909 SqFt
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 43,909 sqft
Price per Sqft $159
MLS Listing ID MDWC2015488
Originating Board BRIGHT
Year Built 1953
Annual Tax Amount $34,632
Tax Year 2024
Lot Size 4.540 Acres
Acres 4.54
Lot Dimensions 0.00 x 0.00
Property Description
52 apartments with 18 having been recently remodeled. This centrally located complex boasts brick exterior, stable rent roll, ample land for expansion. These apartments are still under current market rates giving plenty of upside for a buyer. This property has city water and sewer without having city taxes. Fiber internet is run throughout the property and several of the flat roofs have been recently replaced within the past 2 years.
Location
State MD
County Wicomico
Area Wicomico Northeast (23-02)
Zoning NA
Interior
Hot Water Electric
Heating Hot Water
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 75.0
Water Access N
Accessibility None
Total Parking Spaces 75
Garage N
Building
Sewer Public Septic
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 2305062535
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Bret Davis • Keller Williams Realty Delmarva