Bought with NON MEMBER • Non Subscribing Office
$720,800
$725,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
0.46 Acres Lot
SOLD DATE : 06/26/2026
Key Details
Sold Price $720,800
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Subdivision Carvel Beach
MLS Listing ID MDAA2138388
Sold Date 06/26/26
Year Built 1945
Annual Tax Amount $9,801
Tax Year 2025
Lot Size 0.463 Acres
Acres 0.46
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
List price is opening bid. Online Auction Only! Bidding begins Saturday, April 4, 2026 & ends Thursday, April 9, 2026 at 2:30 PM. Don't miss this rare waterfront multifamily investment opportunity in the sought-after Carvel Beach community of Anne Arundel County. The updated property includes 7 residential units, along with a garage/workshop and private pier, creating additional value and tenant appeal. *Lead Free* The property generates a scheduled gross annual income of $122,352± and is currently 86% occupied, providing investors with immediate cash flow. Located in a desirable waterfront community with strong rental demand, this asset presents an excellent opportunity for stable income and long-term appreciation.
Location
State MD
County Anne Arundel
Zoning R5
Interior
Hot Water Electric
Heating Radiator
Cooling Window Unit(s)
Heat Source Oil
Exterior
Garage Spaces 9.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 9
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Anne Arundel County Public Schools
Others
Tax ID 020317517000900
Ownership Fee Simple
Special Listing Condition Auction
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