NOT LISTED FOR SALE
-- Bed
-- Bath
8,546 Sq Ft
1.94 Acres

Last Sold July 15, 2022

Last sale price $415,000 $49 Per Sq Ft

3 Days on Market

Highlights

  • Colonial Architecture
  • Ramp on the main level
  • Electric Baseboard Heater
  • Smithsburg Middle School Rated A-

About This Home

As of July 2022

This 10 unit apartment building is fully leased and offers a detached single family home on the same parcel which is currently rented to a long term tenant. Seven two bedroom units including detached home and three one bedroom units. All fire escapes have been rebuilt. Tenants pay electric, landlord pays trash, water/sewer, snow removal and lawn care. All tenants currenlty month to month. Situated on 1.99 acres with plenty parking. Excellent investment opportunity! . OWNER IS A LICENSED REAL ESTATE ASSOCIATE BROKER IN PA AND MD.

Last Listed By

Bonita Smith

J&B Real Estate Listed on: 05/10/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,097

Year Built

  • Built in 1900

Lot Details

  • 1.94 Acre Lot
  • Property is in good condition

Home Design

  • Colonial Architecture
  • Steel Siding

Interior Spaces

  • 8,546 Sq Ft Home
  • Crawl Space
  • Fire Escape
  • Stove

Parking

  • Free Parking
  • Gravel Driveway
  • Parking Lot
  • Off-Street Parking

Schools

  • Cascade Elementary School
  • Smithsburg Middle School
  • Smithsburg Sr. High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Ramp on the main level
  • Exterior Lighting

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, lawn/shrub care, management, pest control, repairs, snow removal, real estate taxes, trash collection, water
  • Assessor Parcel Number 2214009787

Community Details

Overview

  • 4 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $5,520
  • Trash Expense $1,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,097

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: electric stove and refrigerator in all apartments, and wood stove in single family home on Military Road
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This 10 unit apartment building is fully leased and offers a detached single family home on the same parcel which is currently rented to a long term tenant. Seven two bedroom units including detached home and three one bedroom units. All fire escapes have been rebuilt. Tenants pay electric, landlord pays trash, water/sewer, snow removal and lawn care. All tenants currenlty month to month. Situated on 1.99 acres with plenty parking. Excellent investment opportunity! . OWNER IS A LICENSED REAL ESTATE ASSOCIATE BROKER IN PA AND MD.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 8546
  • Living Area Sq Ft: 8546
  • Price Per Sq Ft: 54.41
  • Above Grade Finished Sq Ft: 8546
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14703

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Steel Siding
  • Exterior Features: Exterior Lighting, Fire Escape
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Gravel Driveway
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • Elementary School: CASCADE SCHOOL
  • Middle School: SMITHSBURG
  • High School: SMITHSBURG SR.
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138761341
  • School District Source: 3rd Party
  • Elementary School: CASCADE SCHOOL
  • High School: SMITHSBURG SR.
  • Middle Or Junior School: SMITHSBURG

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 306200.00
  • Land Assessed Value: 169000.00
  • Land Use Code: M
  • Lot Size Acres: 1.94
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 84506.00
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: RV
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 63300.00
  • Units Leased Count: 10
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11613663
  • Tax Annual Amount: 5097.00
  • Assessor Parcel Number: 2214009787
  • Tax Total Finished Sq Ft: 8546
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/15/2022

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $415,000 -10.8% $49 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $465,000 -- $54 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA2008022

Bright MLS

APN: 14-009787