$222,600
$125,000
78.1%For more information regarding the value of a property, please contact us for a free consultation.
2,052 SqFt
SOLD DATE : 04/12/2024
Key Details
Sold Price $222,600
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,052 sqft
Price per Sqft $108
Subdivision Cambridge
MLS Listing ID MDDO2006624
Sold Date 04/12/24
Style Traditional
Abv Grd Liv Area 2,052
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $796
Tax Year 2023
Lot Size 1,693 Sqft
Acres 0.04
Property Description
Online auction to be conducted on Auctioneers website! List Price is Opening Bid Only! Timed Online Auction will begin Thursday, February 22nd and ends Tuesday, February 27th, 2024 @ 12:00pm. Fully Leased Four Unit Apartment Building in "Cambridge" **Current Gross Monthly Scheduled Rent Of $2,625** **Current Gross Annual Scheduled Rent Of $31,500** Rent Roll: Apartment A: Currently rented for $600/month. Apartment B: Currently rented for $700/month. Apartment C: Currently rented for $675/month. Apartment D: Currently rented for $650/month. Additional Features: • Updated windows and doors • Each unit has individual electric and water meters • Most kitchens and bathrooms have been replaced • New carpet, paint and snap lock vinyl floor in apartment B • Electric baseboard heat
501 Pine street: 1,680+/- SF lot which the current owner has used for parking for tenants.
Location
State MD
County Dorchester
Zoning C-2
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Other
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Dorchester County Public Schools
Others
Tax ID 1007128479
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
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Bought with Matthew S Cooper • Alex Cooper Auctioneers, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "