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SOLD!!! 131 W. Main Street, Elkton, MD 21921 USA

Updated: Oct 28, 2020

Multifamily Investment Opportunity








Acquisition Price:

$650,000


10 Unit Bldg 12 Bedrooms - 10 Bathrooms - 5,500 sqft


Great investment opportunity for any multifamily investor. This property is a 10 unit apartment building with 100% occupancy. Main Street Apartments, located in Cecil County, Elkton, Maryland, is a 10-unit residential apartment building zoned residential/commercial.


Everything is up to date except for the roof which was recently quoted between $6k - $11k. The property has active security cameras and a locked entrance. 72 new windows replaced within the past 5 years. Unit Breakdown: Two- 2BR 1 BA and, Eight- 1BR 1BA apartments. All units have ovens and refrigerators only. There is a 20x22 garage on the rear of the property for maintenance with electric only. This could be rented for additional income. ($500+/-) There is also a 12x12 storage shed near the garage. There are 15 parking spots. Street front parking is available without parking meters. 


TAKE A LOOK AT THE PHOTOS:

 https://www.dropbox.com/sh/v7hym97c3mngub8/AADHvB-kz9luTjxUN6jeP7zXa?dl=0


CLICK HERE FOR LEASE INFO: https://www.dropbox.com/s/64uu9ka4ei6158g/MSA%20LLC%20Leases.pdf?dl=0


CLICK HERE FOR EXPENSE REPORTS: 

https://www.dropbox.com/s/qbvhdxb19mlka9t/MainSt-ExpenseReport.xls?dl=0



"We make your real estate investing process so easy"




PROMISE LAND REALTY, LLC

Work: 313-307-6616

sarter@promiselandrealtyllc.com

www.promiselandrealtyllc.com

All Off Market Properties are Sold As-Is. Buyer must do their due diligence. Sold on Warranty deed. We are selling our assignable interest.  Proof Of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*

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