NEW! Buy and sell safely with virtual options - Learn More
About the Listing RECS1 - 3306479
TRIPLEX! Income producing opportunity! Don’t miss your chance to own this three-unit apartment building offering established rental income and excellent potential for additional revenue! Zoned commercial with multiple residential use, this property features newer windows throughout, separate electric panels for each apartment, and plenty of parking in the adjoining parking lot! The first-floor apartment offers 3 bedrooms, 2 full baths, and an additional storage area, with monthly rent of $1,400. The vacant second-floor apartment features 2 bedrooms, 1 full bath, fresh paint, and recently cleaned carpeting, offering an opportunity to secure a new tenant. Previous monthly rent was $1,350.The third-floor apartment offers 1 bedroom, with monthly rent of $1,150. Two units are currently occupied by long-term tenants, providing an established rental income stream. Tenants pay all utilities, and existing leases transfer with the property. Conveniently located near restaurants, shopping, schools, medical facilities, and everyday amenities, this property offers a desirable combination of flexibility and income potential! Whether you’re a seasoned investor looking to expand your portfolio or just getting started in real estate investing, this property deserves your attention! Schedule your tour and explore the possibilities!
Listing Highlights for 203 W Main St
Status
Pending
Days on Site
32
Property Type
Commercial Sale
MLS ®
MDCC2023438
Year Built
1900
Total Square Footage
4,516
Lot/Acreage
0.17
County
Cecil
School District
Cecil County Public Schools
Interior Details
- Appliances:
- Air Cond:
- Heating: Baseboard - Electric
- Fireplaces:
- Floor: Carpet,Laminated,Hardwood
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 10
- Zoning: C1 Central Comm. Multi-Family Residential.
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Lighted Parking,Unassigned,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $4,428
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
203 W Main St Elkton, MD 21921
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
