- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202404757
- Photos (7)
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Welcome to an investor's dream! This prime income property boasts 8 units, each a testament to modern comfort and convenience. Built less than 20 years ago, this well-maintained residential complex stands as a beacon of reliability in the sought-after community of Bridgetown. Perfectly situated for convenience, it's a mere stroll to all amenities. Designed with ease of living in mind, each unit features 2 spacious bedrooms, 1 expansive bath, in-unit laundry, and an open-concept layout for seamless living. Seniors particularly adore the single-level slab construction, ensuring accessibility for all. Worried about income? Rest easy with this property's stellar tenancy record. With attached garages and charming patios, these units offer tenants the lifestyle they crave. Don't miss this worry-free opportunity for consistent returns!
- Listing Sub-Area:
- Annapolis County
- Property Type:
- Multi-Family
- Multi-Family Type:
- 5 - 8 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- Irregular - 126 x 48 (each bldg)
- Lot Size:
- 1.002 acre(s)
- Prop Size:
- 1 to 2.99 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 8
- Exterior Finish:
- Vinyl
- Foundation:
- Slab
- New Constr.:
- No
- Basement:
- None
- Floor Finish:
- Laminate, Vinyl
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Heat Pump -Ductless
- Fuel:
- Electric
- Garage Description:
- Each unit has a single-car attached garage
- Parking:
- Yes
- Parking Description:
- Paved
- Driveway:
- Paved
- Water Supply:
- Municipal
- Water And Sewage:
- 5257.50
- Sewer:
- Municipal
- Num Units:
- 8
- Num 2 Bed Units:
- 8
- # Of Dryers:
- 8
- # Of Fridges:
- 8
- # Of Stoves:
- 8
- # Of Washers:
- 8
- Rental Income:
- Yes, 114608.86
- Approx. Net Income:
- 85162.43
- Insurance Expense:
- 5294
- Taxes Costs:
- 13426.96
- Other Costs:
- 1937.12
- Maintenace:
- 1727.75
- Snow / Garbage Collection:
- 485.25
- Approx. Total Expense:
- 29446.43
- Approx. Total Income:
- 114608.86
- Ensuite Bath, See Remarks
- Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship
- Stove, Dryer, Washer, Microwave Rng Hd Combo, Refrigerator
- None
- Patio
- No
- Zoning:
- General
- Possession Info:
- Negotiable / Quick
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Listed by RE/MAX Banner Real Estate
Data was last updated July 1, 2024 at 01:20 AM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $510,000
- Min list price:
- $220,000
- Max list price:
- $1,500,000
- Avg days on market:
- 104
- Min days on market:
- 3
- Max days on market:
- 303
These statistics are generated based on the current listing's property type
and located in
Annapolis County. Average values are
derived using median calculations.
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