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1 E WATER ST Smithsburg, MD 21783
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Key Details
Sold Price $708,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 8,712 sqft
Price per Sqft $81
MLS Listing ID MDWA174576
Sold Date 11/10/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,379
Tax Year 2020
Lot Size 9,270 Sqft
Acres 0.21
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.
Location
State MD
County Washington
Zoning TC
Interior
Hot Water Oil
Heating Radiator
Cooling Window Unit(s)
Heat Source Oil
Exterior
Garage Spaces 8.0
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2207012918
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Roberto G. Gonzalez • RG Realty, Inc.
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