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Home For Sale Maryland New Windsor 4706
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A Real Money Maker - $80,000 per Year




New Windsor, Maryland 21776 United States
Description

Turn-Key Property has been owned and operated by an Investment LLC since 2005 and now the investors are retiring and moving out of state. Building was completely renovated by 2012. New Metal Roof, New Vinyl tilt-in Windows (44), New Vinyl Siding, soffits, facias, gutters.

All units have been remodel with new drywall, new kitchens and baths, new flooring. Long term tenants very little turnover and easy to maintain.

Currently the 7 unit in primary building are rented and generate $78,600 per year.

Small 2 Bedroom house is currently being used for storage but can generate an additional $9,000 per year. That a Whopping $87,600 per year income. Building will pay for itself in as little as 7 years.

Showings by appointment only 48 hours advance notice. Call for rental actuals.

Investment Property - 7 Apt Units in Main Building (fully rented) and one small 2 bedroom house on deed - currently used as storage but could easily be rented as well.
Price: $549,000 Property Use Type: Investment/as-is.
No. Units 7 No. Stories 2
Building Size 5,118 SF Lot Size: 9252 SF
Property Type Multifamily
Property Sub-type Garden/Low-Rise

Price: Contact For Price
Cap Rate: 8.44 %
Gross Rent Multplier: 6.89
Total Building Size: 9000 SF
Total Lot Size : 12000 SF
Year Built : 1900
No of Stories: 3
Occupancy: 100 %
Listing ID: 4706

Map of: New Windsor, Maryland 21776 United States

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