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100 S Main Street

GREENSBORO, MD 21639
  • $305,000
  • STATUS: Closed
  • ON SITE: 378 Days
  • ID#: MDCM124714
Sold - 10/25/2021
$305,000
SOLD - 10/25/2021
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1850
County:

School Ratings & Info

Description

* Seller will carry back a first trust deed ** Fully rented, lead-free, and licensed mixed-use 4-plex 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 commercial unit was completely renovated in 2019 and is extremely 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 4 units are on separate electrical meters. Total income from all 4 units is $3,370/month, with easy ability to raise rents as they are below market. Total square footage is approximately 3,500. 10%+ cap rate "as is." Seller is willing to carry back financing with at least 20% down.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bright Home Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-28T15:49:54.937.
www.brighthomesdelmarva.com/homes/111881057
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100 S Main Street GREENSBORO, MD 21639

  • Price: $299,900
  • Status: Closed
  • On Site: 378 Days
  • Updated: 39 min ago
  • ID#: MDCM124714
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1850
Built
County:
Caroline
School District:
Caroline County Public Schools
Property Description
* Seller will carry back a first trust deed ** Fully rented, lead-free, and licensed mixed-use 4-plex 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 commercial unit was completely renovated in 2019 and is extremely 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 4 units are on separate electrical meters. Total income from all 4 units is $3,370/month, with easy ability to raise rents as they are below market. Total square footage is approximately 3,500. 10%+ cap rate "as is." Seller is willing to carry back financing with at least 20% down.
Exterior Features

Construction Materials FrameVinyl Siding Garage YN No Parking Types On StreetParking Lot Property Condition Very Good Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3500.00 Cooling Multi Units Heating Baseboard - Electric Heating YN Yes Net Square Feet 3500.00

Property Features

Acceptable Financing ContractCashConventional Accessibility Features 2+ Access Exits Assessment Year 2021 Association YN No Business Type Apartment BuildingProfessionalOtherOther/General Retail Buyer Financing Owner Financing Central Air YN No Cooling Fuel None Heating Fuel None Hot Water Electric Municipality Greensboro Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 304378761832 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 2036.00 Tax Assessment Amount 122400.00 Total Actual Rent 40440.00 Vacation Rental YN No Water Source Public Year Built Effective 2018 Zoning Cc

Listing courtesy of Taylor Properties.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bright Home Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-28T15:49:54.937.
 
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