$105,000
$109,900
4.5%For more information regarding the value of a property, please contact us for a free consultation.
10,454 Sqft Lot
SOLD DATE : 07/25/2017
Key Details
Sold Price $105,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1001849112
Sold Date 07/25/17
Style Other,Farmhouse/National Folk
HOA Y/N N
Originating Board CAR
Year Built 1905
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 10,500
Property Description
GREAT INVESTMENT! 3 unit triplex being offered at a great cap rate even after accommodating for debt service, vacancy rate, utilities, taxes, insurance, maintenance, and all other expenses including capital improvements!! Units are leased month to month and have good rental history. Security deposits will convey with the sale and transfer at settlement. The most recent rental inspection by the Town of Delmar was in Dec 2016 with no failing items. Units are lead paint certified as well. Apt A: (Downstairs/Rear, enter through left side porch) $550.00 per month; Apt B: (Upstairs, enter through front porch door): $600.00 per month; Apt C: (Downstairs/Front, enter through left side porch) $500.00 per month = $1650/mo income!
Location
State MD
County Wicomico
Area Wicomico Northwest (23-01)
Interior
Heating Baseboard
Heat Source Electric
Exterior
Water Access N
Roof Type Architectural Shingle
Road Frontage Public
Garage N
Building
Lot Description Cleared, Corner
Foundation Other, Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Other, Farmhouse/National Folk
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 011578
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Zackary Keenan • Keller Williams Realty of Delmarva-OC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "