$ 1,000,000
-
$1,000,000
Price -
5
Bed -
2
Bath -
2,208
SqFt
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About the Listing CLFERE1 - 3300560
Exceptional investment opportunity! This unique income-producing property combines a mobile home park, residential rentals, and an established storage business, offering multiple streams of revenue with significant upside potential. The property currently includes two stick-built homes, with one renting for $1,400/month and the other for $1,750/month. There are also seven leased mobile home sites, with single-wide lots generating $650/month in ground rent and the double-wide lot generating $750/month. The value doesn't stop there—ownership has already received approval for six additional home sites, creating an outstanding opportunity to substantially increase future cash flow. A new well has been installed, and a new septic system is currently being completed to accommodate the approved expansion. In addition to the residential income, the property operates as a boat, trailer, RV, and vehicle storage facility, providing another flexible source of revenue. Storage rates are individually negotiated, offering room to maximize income based on demand. Situated in a peaceful rural setting while remaining conveniently located just minutes from Downtown Westminster, Eldersburg, and Sykesville, this property also offers excellent commuter access—approximately 45 minutes to Baltimore and 90 minutes to Washington, D.C. Whether you're looking to expand your investment portfolio or capitalize on the property's future development potential, this is a rare opportunity to own a diversified income-producing asset with immediate cash flow and substantial room for growth.
Listing Highlights
Status
Active
Days on Site
15
Property Type
Residential
MLS ®
MDCR2036524
Year Built
1946
Total Square Footage
2,208
Lot/Acreage
5.1
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2208
- Below Ground Sq Ft: 0
- Basement: Interior Access
- Other: Main Floor Bedrooms: 5
- Water: Private/Community Water
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: AGRIC
- Roof:
- Others:
- Sewer: Community Septic Tank
Financial Details
- Tax Amount: $5,879
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
3513 Ridge Rd Westminster, MD 21157
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