www.hiban.com/homes/88358545
21720
Great Mills Road
LEXINGTON PARK,
MD
20653
Neighborhood:
Esperanza Shopping Cente
Elementary School:
Lexington Park
Middle School:
Spring Ridge
School District:
St. Mary's County Public Schools
Sale of a rare 9 unit apartment building with a Nail Salon at the top of Great Mills Rd near PAX River NAS. Steady rental income, convenient location near shopping, restaurants, access to professional services. Utilities separately metered, parking on site next to building. There are two deeds, each with its own tax ID and address: 21720 and 21722. CAP rate is 8.42%, making this a great buy!
Architectural Style
Other
Construction Materials
Concrete
Garage YN
No
Parking Features
FreePaved DrivewaySurfaceUnassignedAsphalt Driveway
Parking Types
Driveway
Property Condition
As-Is ConditionShows Well
Riparian Rights YN
No
Road Responsibility
StatePublic
Road Surface Type
Access - On GradeApprovedPaved
Roof
Rubber
Water Access YN
No
Water Oriented YN
No
Waterfront YN
No
Basement YN
No
Building Area Total
8000.00
Building Features
Display WindowSignage Allowed
Cooling
Heat Pump(S)Window Unit(S)
Fireplace YN
No
Flooring
ConcreteWood
Heating
Heat Pump(S)
Heating YN
Yes
Inclusions
Parking Included In ListpriceParking Included In Saleprice
Net Square Feet
8000.00
Security Features
Main Entrance Lock
Walls Ceilings
Dry Wall
Acceptable Financing
ExchangeCash
Accessibility Features
32"+ Wide Doors
Assessment Year
2018
Association YN
No
Business Type
Barber/BeautyOtherInvestment
Central Air YN
No
Condo YN
No
Cooling Fuel
Electric
Current Use
CommercialMixedMulti ResidentialRetail
Electric
120/240V
Gross Income
102720.00
Heating Fuel
Electric
Hot Water
Electric
Incorporated City Name
Lexington Park
Navigable Water YN
N
Net Operating Income
80000.00
New Construction YN
No
Operating Expense
22720.00
Original MLSNumber
300862817731:MRIS
Owner Pays
Accounting/LegalInsuranceManagementRepairsTaxes - Personal Property
Ownership Interest
Fee Simple
Possession
ImmediateNegotiable
Property Sub Type
Five Or More Units
Sale Type
Standard
Section
4
Sewer
Public Sewer
Tax Annual Amount
6816.0
Tax Assessment Amount
730900.0
Tax Lot
1
Total Actual Rent
102720.00
Utilities
Cable Tv Available
Vacation Rental YN
No
Water Source
Public
Zoning
Dmx
Zoning Description
C
Listing courtesy of O Brien Realty.
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Data last updated: 2019-02-16T07:52:14.153.
