12471 Chestnut Circle

    PRINCESS ANNE, MD 21853
    • $209,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: MDSO102534
    UPDATED: 59 min ago
    $209,000
    • 0
      BEDS
    • 0.46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Business Opportunity
    Built:
    1974
    County:

    School Ratings & Info

    Description

    Money Maker! $28,200 annual income generating property! Great opportunity for both seasoned and novice investors! Property was converted from a single-family dwelling to a duplex with 2 units. Unit one has 3 bedrooms and 1.5 baths and is completely renovated. Unit two has 4 bedrooms and 1.5 baths and is newly built. Both units are tenant occupied under a 3-year lease term (2023) and generate a combined monthly income of $2350. There is 1/4 acre lot also included in the sale of the dwelling - water and sewer ready.

    Monthly Payment Calculator

    ©2019 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. 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: 2019-09-16T09:52:52.287.
    www.easternshorehomesolutions.com/homes/98056842

    12471 Chestnut Circle PRINCESS ANNE, MD 21853

    • Price: $209,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: MDSO102534
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.46
    Acres
    1974
    Built
    Neighborhood:
    Somerset East Of Rt-13 (20-02)
    County:
    Somerset
    Area:
    Somerset East Of Rt-13 (20-02)
    School District:
    Somerset County Public Schools
    Property Description
    Money Maker! $28,200 annual income generating property! Great opportunity for both seasoned and novice investors! Property was converted from a single-family dwelling to a duplex with 2 units. Unit one has 3 bedrooms and 1.5 baths and is completely renovated. Unit two has 4 bedrooms and 1.5 baths and is newly built. Both units are tenant occupied under a 3-year lease term (2023) and generate a combined monthly income of $2350. There is 1/4 acre lot also included in the sale of the dwelling - water and sewer ready.
    Exterior Features

    Construction Materials Vinyl Siding Garage YN No Parking Types DrivewayOff Street Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 1913.00 Cooling Window Unit(S)Ceiling Fan(S) Heating Baseboard - Electric Heating YN Yes

    Property Features

    Accessibility Features None Assessment Year 2019 Association YN No Business Type OtherApartment Building Central Air YN No Current Use Multi Residential Gross Income 2350.00 Heating Fuel Electric Hot Water Electric Incorporated City Name Princess Anne Navigable Water YN N New Construction YN No Original MLSNumber 301968680334 Ownership Interest Other Possession Settlement Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 1105.0 Tax Assessment Amount 99367.0 Tax Lot 24 Total Actual Rent 28200.00 Vacation Rental YN No Water Source Public Zoning R-3

    Listing courtesy of Exit Flagship Realty.
    ©2019 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. 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: 2019-09-16T09:52:52.287.
     
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