Skip To Content

2 W Railroad Avenue W

RIDGELY, MD 21660
  • $217,000
  • STATUS: Active Under Contract
  • ON SITE: 88 Days
  • ID#: MDCM2000240
Under Contract
UPDATED: 62 min ago
$217,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,490
    SQFT
  • $62
    $/SQFT
Type:
Multi-Family
Built:
1890
County:

School Ratings & Info

Description

Investment opportunity!!! Fully rented, great capitalization rate on this 4500+ sqft building. Building is brimming with Ridgely's proud history dating back to 1867. Property has been well maintained to preserve its condition. Both ground level units are successful businesses, 2nd floor 2 bedroom unit, 3rd floor 2 bedroom unit. Looking for cash flow or just a safe investment call today.

Monthly Payment Calculator



©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or SURE Sales Group | Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-17T16:51:29.227.
www.suresalesgroup.com/homes/119519362
Print Image

2 W Railroad Avenue W RIDGELY, MD 21660

  • Price: $217,000
  • Status: Active Under Contract
  • Updated: 62 min ago
  • ID#: MDCM2000240
0
Beds
0
Baths
0
½ Baths
0.11
Acres
3,490
SQFT
$62
$/SQFT
1890
Built
County:
Caroline
School District:
Caroline County Public Schools
Property Description
Investment opportunity!!! Fully rented, great capitalization rate on this 4500+ sqft building. Building is brimming with Ridgely's proud history dating back to 1867. Property has been well maintained to preserve its condition. Both ground level units are successful businesses, 2nd floor 2 bedroom unit, 3rd floor 2 bedroom unit. Looking for cash flow or just a safe investment call today.
Exterior Features

Architectural Style ColonialDwelling With Rental Construction Materials Mixed Garage YN No Other Structures Above GradeBelow Grade Parking Types Off StreetOn Street Pool No Pool Riparian Rights YN No Roof Metal Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3490 Basement Partial Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Heating Baseboard - ElectricForced Air Heating YN Yes Inclusions Salon Equipment Single Room Units 2 Three Bedroom Units 0 Two Bedroom Units 2 Units Furnished None

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel Electric Existing Lease Type Month To Month Foundation Details Block Heating Fuel ElectricBio Fuel Hot Water Electric Municipality Ridgely Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Original MLSNumber 800875819496 Owner Pays SewerWaterTrash Collection Ownership Interest Fee Simple Possession 0-30 Days Cd61-90 Days Cd31-60 Days Cd Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Over Storefront Tax Annual Amount 2721.00 Tax Assessment Amount 171000.00 Vacation Rental YN No Water Average Monthly 225 Water Last12 Months 2700.00 Water Source Public Zoning C2

Listing courtesy of Long & Foster Real Estate, Inc..


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or SURE Sales Group | Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-17T16:51:29.227.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_800875819496-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_800875819496-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_800875819496-2.jpg
Logo
SURE Sales Group | Berkshire Hathaway Home Services Homesale Realty
3500 Boston Street
Baltimore MD, 21224