242 W Main St

Elkton, MD 21921
  • $262,500

    Price
  • 5

    Bed
  • 4

    Bath
  • 2,976

    SqFt

About the Listing FORR2 - 3140455

Prime Investment Opportunity, Quadraplex Close to Town Investors, take note. This four-unit quadraplex offers strong income potential in a convenient location just minutes from town. The property features one spacious 2-bedroom, 1-bath unit and three comfortable 1-bedroom, 1-bath units — a versatile mix that appeals to a wide range of tenants. One unit is currently leased at $685 on a month to month lease, three are vacant. With each unit projected to rent for approximately $1,000 or more per month, this property offers the potential to generate $4,000+ in gross monthly income. Whether you're growing your rental portfolio or looking for your first multi-unit investment, this is an opportunity worth a closer look. Don't miss your chance to own a income-producing property in a desirable, close-to-town setting. Schedule your showing today!

Listing Highlights

Status Active
Days on Site 10
Property Type Multi-Family
MLS ® MDCC2022994
Year Built 1915
Total Square Footage 2,976
Lot/Acreage 0.3
County Cecil
School District Cecil County Public Schools

Interior Details

  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Heat Pump(s)
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2976
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Zoning: Res High Density
  • Roof:
  • Others: Major Rehab Needed
  • Sewer: Public Septic
  • Parking Features: Off Street,On Street

Financial Details

  • Tax Amount: $3,391
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2026

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Questions About..

242 W Main St Elkton, MD 21921

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Originating MLS: BRIGHT_MAIN

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Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

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