1 E Water Street

    SMITHSBURG, MD 21783
    • $775,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: MDWA168730
    UPDATED: 64 min ago
    $775,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    Description

    RG Realty and Roberto Gonzalez are pleased to present the opportunity to acquire a well maintained multifamily portfolio located in a desirable area. This is a rare opportunity for all qualified investors to purchase three contiguous and neighboring properties consisting of 13 units with the unit mix consisting of 11 one bedroom one baths apartments, and two single family homes, and seven fully leased garages. Historically high occupancy and immediate value-add, apartments are rented at below-market rents, leaving room for a new owner to capitalize on market demand for apartments. The properties are situated in a friendly community with an award-winning school system on the center town of Smithsburg, just minutes from interstate 70 and 81.

    Monthly Payment Calculator



    ©2019 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. 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: 2019-12-06T12:54:58.933.
    www.eriksells.com/homes/100164825

    1 E Water Street SMITHSBURG, MD 21783

    • Price: $775,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: MDWA168730
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1900
    Built
    County:
    Washington
    School District:
    Washington County Public Schools
    Property Description
    RG Realty and Roberto Gonzalez are pleased to present the opportunity to acquire a well maintained multifamily portfolio located in a desirable area. This is a rare opportunity for all qualified investors to purchase three contiguous and neighboring properties consisting of 13 units with the unit mix consisting of 11 one bedroom one baths apartments, and two single family homes, and seven fully leased garages. Historically high occupancy and immediate value-add, apartments are rented at below-market rents, leaving room for a new owner to capitalize on market demand for apartments. The properties are situated in a friendly community with an award-winning school system on the center town of Smithsburg, just minutes from interstate 70 and 81.
    Exterior Features

    Construction Materials Brick Garage Spaces 7.00 Garage Type Garage - Front Entry Garage YN Yes Parking Types Detached GarageOn StreetOff Street Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 8712.00 Cooling Window Unit(S) Heating Radiator Heating YN Yes Net Square Feet 8712.00

    Property Features

    Accessibility Features None Assessment Year 2019 Association YN No Business Type Apartment Building Central Air YN No Cooling Fuel Electric Heating Fuel Oil Hot Water Oil Incorporated City Name Smithsburg Navigable Water YN N New Construction YN No Number Of Units Total 11 Original MLSNumber 302130230532 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 5379.0 Tax Assessment Amount 418600.0 Vacation Rental YN No Water Source Public Zoning Tc

    Listing courtesy of Rg Realty, Inc..


    ©2019 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. 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: 2019-12-06T12:54:58.933.
     
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