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131 Main Street
Rising Sun, MD 21911

  • $398,000
  • STATUS: Active
  • ON SITE: 331 days
  • ID#: CC9642141
UPDATED: 51 min ago
$398,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,466
    SQFT
  • $73
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Investment Opportunity! 4 apartments & 1 office space rentals. Off street parking lot included. Rental history is very good. Two separate buildings on one lot: Bldg 1 - 2 apartments; Bldg 2: 2 apartments, 1 large office w/possibility of 2d office space or efficiency apt. Central Commercial Zoning. Details available to qualified buyer. No sign on property at this time.



The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-03-27T20:14:37.453.

LoCoMusings: 571-233-5495
www.locomusings.com/homes/62149801

131 Main Street Rising Sun, MD 21911

  • Price: $398,000
  • Status: Active
  • Updated: 51 min ago
  • ID#: CC9642141
0
Beds
0
Baths
0
½ Baths
0.4
Acres
5,466
SQFT
$73
$/SQFT
1900
Built
Neighborhood:
Town Of Rising Sun
County:
Cecil
Area:
Cecil
Property Description
Investment Opportunity! 4 apartments & 1 office space rentals. Off street parking lot included. Rental history is very good. Two separate buildings on one lot: Bldg 1 - 2 apartments; Bldg 2: 2 apartments, 1 large office w/possibility of 2d office space or efficiency apt. Central Commercial Zoning. Details available to qualified buyer. No sign on property at this time.
Exterior Features

Exterior Frame Location Free StandingCommercial AreaCorner Lot/Unit Parking Private 11+ SpacesFaces Rear Roads City/CountyBlack Top Roof Shingle - AsphaltSlate Waterfront No

Interior Features

Comm Industrial Misc KitchenetteMeeting RoomsPrivate OfficeReception AreaSignage Allowed Cooling Central Air ConditioningWindow Unit(S) Cooling Fuel Electric Electric Service Single Phase Heating BaseboardHot Water Heating Fuel ElectricOil Hot Water Electric Leasable Sq Ft 5466.0 Net Sq Ft 5466.0 Walls Ceilings Dry WallPlaster Walls

Property Features

Assessment Year 2016 Auction No City Town Tax 1720.66 City Town Tax Payment Freq Annually Comm Industrial Type OfficeOffice BuildingParking County Tax 4671.04 County Tax Payment Freq Annually Disclosures Prop DisclaimerLead Based Paint - Federal Election District 6 Expenses 15942.0 For Sale Yes Foreclosure No Gross Income 58640.0 HOA No Improvement Assessment Amount 301000.0 Improvement Assessment Payment Freq Annually Incorporated City 10000054869 Information Source Owner Provided Investment Yes Land Assessment Amount 122600.0 Land Assessment Payment Freq Annually Listing Transaction Type Standard Locale Listing Status Active Metering Electricity is SepFully Separate Monthly Gross Rent 4886.0 New Construction No Occupied Yes Ownership Fee Simple Parking Included In List Price Yes Possession Settlement Present Use CommercialOfficeMulti ResidentialParking Property Condition Shows Well Property Status Existing Rental Net Operating Income 42690.0 Sewer Septic Public Sewer Short Sale No Tax Year 2015 Tenancy Month-To-Month Lease(S) Total Assessment 423600.0 Total Assessment Payment Freq Annually Total Taxes 6391.7 Total Taxes Payment Freq Annually Vacancy Factor 2.5 Vacation Home No Water Public Zoning Code Cc

Listing courtesy of Paula Gilley of Mason-Dixon Realty.


The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-03-27T20:14:37.453.

LoCoMusings: 571-233-5495
LoCoMusings
540 Fort Evans Road
Leesburg VA, 20176