$125,000
$132,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
1 Bath
816 SqFt
SOLD DATE : 05/30/2024
Key Details
Sold Price $125,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 816 sqft
Price per Sqft $153
Subdivision Cambridge
MLS Listing ID MDDO2006948
Sold Date 05/30/24
Style Traditional
Bedrooms 4
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 816
Originating Board BRIGHT
Year Built 1928
Annual Tax Amount $450
Tax Year 2023
Lot Size 1,870 Sqft
Acres 0.04
Property Description
Investors take notice. 801 Phillips St in Cambridge has the best of both worlds with high rental income and low carrying costs. The house is stories with a one story addition on the back,. There are four bedrooms Upgrading was done to code over the past four years, which includes rear roof (metal), windows, electric baseboard, drywall, kitchen cabinets, wiring, laminated flooring, and salt treated floor joists. The property has lead free paint certification from the MD Dep\t. of Environment, so city registration and MD lead paint program are not necessary. The tenant has resided in the house almost two years. The rent is $1300 per month which is fully paid by Section 8, with a request pending for a $100 increase in June 2024.
Location
State MD
County Dorchester
Zoning R-3
Rooms
Main Level Bedrooms 4
Interior
Interior Features Floor Plan - Traditional, Kitchen - Eat-In
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 2.0
Water Access N
Roof Type Metal,Asbestos Shingle
Accessibility None
Total Parking Spaces 2
Garage N
Building
Story 2
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Dorchester County Public Schools
Others
Senior Community No
Tax ID 1007120877
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Richard D Harrington • Sharon Real Estate P.C.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "