$325,000

100 S Main St

GREENSBORO MD, 21639

Description

Address is 100 S. Main Street. Highly visible, updated, and gorgeous 4-unit mixed-use property in Greensboro. Property sits on the high traffic intersection of Sunset and Main in the downtown corridor. 1 unit is commercial and 3 units are residential. The app. 600 sq ft commercial unit was recently vacated, but should generate ~$500/month. It was completely renovated in 2019 and is very nice inside. The residential units are an efficiency (recently redone), a one bedroom (also recently redone), and a very large one bedroom upstairs/downstairs unit. There is also a patio for two of the units. All four units are on separate electrical meters. The 3 residential units are all rented - high demand area with potential to increase rents. Total square footage is approximately 3,500. Fully rented this is an 8+% cap rate with more upside.

Details

MLS#MDCM103316
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1850
Days On Site495

Features

SQ Feet3,500
Units4

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Area Information

StateMD
CityGREENSBORO
Zip Code21639
Listing VS Median (in 21639)
Price:
$325,000
low | high
Med:
$124,900
100% of Average
SqFt:
3,500
low | high
Med:
1,247
100% of Average
$ / SqFt:
$93
low | high
Med:
$100
42.134970082043% of Average
On Site:
495
low | high
Med:
50
100% of Average
Listing Updated: 04/04/2020
MLS Number: MDCM103316
Listing Provided By:
Nicole C DeLuca  of  Taylor Properties