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About the Listing RXE1 - 153094
Water privilege community of Riviera Beach is offering a multi-unit opportunity So many possibilities with this versatile property! With county permitting, the existing structure may be converted into a single-family home with an attached in-law suite, offering flexibility for multi-generational living or continued income potential. This licensed three-unit property sits on a fenced corner lot just off the main street in the heart of Riviera Beach. Enjoy a highly walkable location—two blocks from the bus stop and within easy walking distance to grocery stores, convenience shops, restaurants, and more. Unit Details Main Level – Unit A: 2 bedrooms, kitchen, dining room, living room, full bath and private laundry area Main Level – Unit B: 1 bedroom, kitchen, living room, full bath, Upper Level – Unit C: 1 bedroom, kitchen/dining combination, living room, and full bath Each unit is equipped with ceiling fans and air conditioning and maintains separate occupancy, electric and lead inspection certifications. An excellent investment opportunity in a desirable, water-privileged community featuring a sandy beach, boat ramp, pier, community parks, walking paths, schools, and churches. Additional Notes: Also listed under Multifamily MDAA2128774 Unique opportunity for this multi-dwelling property with strong income potential. Two of the existing tenants are on month-to-month leases Unit A: Monthly rent $1,500.00, currently month-to-month (estimated market rent $1,800.00) Unit B: Monthly rent $1,150.00 (below market) with a lease in place through the end of 2026 (estimated market rent $1,400.00) Unit C: Monthly rent $750.00, currently month-to-month (estimated market rent $1,200.00) Tenants are paying below market rent. Tenant Notices: Notice has been served to all tenants. Owner pays water There is a detached garage on property, unit C currently uses garage, could potentially be income producing
Listing Highlights
Status
Active
Days on Site
202
Property Type
Residential
MLS ®
MDAA2128910
Year Built
1952
Total Square Footage
3,000
Lot/Acreage
0.21
County
Anne Arundel
Neighborhood
Pasadena
School District
Anne Arundel County Public Schools
Elementary School
Riviera Beach
Middle School
Northeast
High School
Northeast
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Dryer - Electric, Washer, Stove, Refrigerator, Range Hood
- Air Cond: Ceiling Fan(s),Central A/C,Ductless/Mini-Split,Multi Units
- Heating: Heat Pump(s),Wall Unit,Zoned,Baseboard - Electric
- Fireplaces:
- Floor: Engineered Wood
- Above Ground Sq Ft: 3000
- Below Ground Sq Ft: 0
- Basement:
- Other: 2nd Kitchen,Carpet,Ceiling Fan(s),Combination Dining/Living,Combination Kitchen/Dining,Combination Kitchen/Living,Dining Area,Kitchen - Table Space,Bathroom - Tub Shower,Built-Ins,Breakfast Area,Efficiency,Entry Level Bedroom,Family Room Off Kitchen,Floor Plan - Open,Floor Plan - Traditional,Formal/Separate Dining Room,Kitchen - Country,Kitchen - Efficiency,Recessed Lighting,Studio,Main Floor Bedrooms: 3
- Water: Public
Exterior Details
- Lot Description: Corner,Cleared,Front Yard,Private,Rear Yard,Road Frontage,SideYard(s),Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 1
- Zoning: R5
- Roof: Architectural Shingle
- Others: Exterior Lighting,Sidewalks,Street Lights,Excellent
- Sewer: Public Sewer
- Parking Features: Brick Driveway,Garage - Rear Entry,Detached Garage,1+ Spaces
Financial Details
- Tax Amount: $4,008
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
151 Riviera Dr Pasadena, MD 21122
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