$ 899,500
-
$899,500
Price -
4
Bed -
4
Bath -
2,984
SqFt
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About the Listing RMAX24 - 3272047
This beautifully renovated triplex in North East presents a rare investment opportunity. Located at 322 E. Cecil Ave., the property has been meticulously updated from top to bottom, including all major mechanical systems, appliances, utilities, and interior finishes. It is truly turnkey and ready for immediate occupancy or rental, featuring high-end, durable finishes such as tile and quartz, a brand-new, property-wide fire sprinkler system and a Maryland Lead-Free Certificate. The lower level consists of two separate units, each offering 2 bedrooms, 1.5 bathrooms, a full kitchen, dining area, and living room. One of the lower units has been thoughtfully designed with accessibility features, including a step-free entry ramp, wider doorways, and 36-inch hallways. The upper unit, accessed by a private exterior rear staircase, features 4 bedrooms, 2 full bathrooms, a spacious eat-in kitchen, and a generous living room. Each unit is independently equipped with its own in-unit laundry, dedicated electrical meter/panel, and separate water heater and HVAC systems, providing convenience for tenants and simplified property management. Projected market rents are approximately $2,000 per month for each lower unit and $2,500 per month for the upper unit, generating an estimated gross monthly rental income of $6,500. Please contact the listing agent to learn more about available financing opportunities, including Debt Service Coverage Ratio (DSCR) loans and potential seller financing for qualified buyers.
Listing Highlights
Status
Active
Days on Site
31
Property Type
Multi-Family
MLS ®
MDCC2021684
Year Built
1920
Total Square Footage
2,984
Lot/Acreage
0.38
County
Cecil
Neighborhood
None Available
School District
Cecil County Public Schools
Elementary School
North East
Middle School
North East
High School
North East
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Heat Pump(s)
- Fireplaces:
- Floor: Ceramic Tile
- Above Ground Sq Ft: 2984
- Below Ground Sq Ft: 0
- Basement: Unfinished,Outside Entrance
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 10
- Zoning: UR
- Roof:
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Paved Parking,Private,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $4,735
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
322 E Cecil Ave North East, MD 21901
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