$845,000
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21 Sumac Road Glen Burnie, MD 21060
Multi-Family
Residence
Beds
Baths
4,500
Sq. Ft.
0.17
Acre
Lot
Property Activity
Time on Site
days
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6 total rental units. Cash flowing, no deferred maintenance, fully rented, and recently renovated apartment building (5 units) plus single-family home in renter-dense Glen Burnie location. Lead-free (MDE registered) and legal (cert of use w/non-conf cert and MDL). Property was fully renovated in ...'18/'19 -- new roofs and gutters, individually electrical metered, new water heater, paint, LED lighting, landscaping, fencing, mailbox cluster, and 5 of 6 interiors completely re-done including baseboad heaters. Actual annual rents of $90,120 with upside, equating to a 8.75% current cap rate. Units consist of one 3-bedroom, three 1-bedrooms, and one efficiency in the apartment building and one 1-bedroom bungalow single-family home. There is a separate laundry room with income.
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MLS#
MDAA2077910
Property Type
Multi-Family
Year Built
1949
Square Feet
4,500
sq. ft
Price per Sq. Ft.
$187.78
Lot Size
0.17
Sewer
Public Sewer
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