Listed by NAI Coastal - Salisbury
$1,175,000
Sea-Mor Properties
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 14,182
Units 17
Tenancy Multi
Year Built 1950
Buildings 2
Acreage 0.260
Multifamily | 17 Units
Marketing description
Introducing an exceptional investment opportunity in the heart of Princess Anne, MD. This expansive 14,182 SF building, constructed in 1950, boasts 17 units, comprising 10 residential and 7 commercial spaces, an excellent opportunity for a multifamily investor. Situated just a quarter of a mile from the University of Maryland Campus, this property offers an ideal location for potential tenants. With a layout designed to maximize rental income, this property presents an attractive prospect with great potential for yield and growth.
Investment highlights
- 14,182 SF in 2 building with 17 units
- 10 residential and 7 commercial units
- Built in 1950 with many renovations and refreshes
- Ideal for multifamily/low-rise/garden investment opportunities
Listing Contacts
Listed by NAI Coastal - Salisbury
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