Smithsburg, MD 21783,1 E WATER ST
Smithsburg, MD 21783,1 E WATER ST
Smithsburg, MD 21783,1 E WATER ST
Smithsburg, MD 21783,1 E WATER ST
Smithsburg, MD 21783,1 E WATER ST
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$708,000

$775,000

8.6%
Est.Price: ?

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Est. payment /mo

8,712 SqFt


SOLD DATE : 11/10/2020

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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Bright MLS (BMLS)
Listed by Roberto G. Gonzalez • RG Realty, Inc.
Bought with Roberto G. Gonzalez • RG Realty, Inc.
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