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15 and 17 Sumac Road

GLEN BURNIE, MD 21060
  • $495,000
  • STATUS: Active
  • ON SITE: 102 Days
  • MLS #: MDAA2079870
$495,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,050
    SQFT
  • $471
    $/SQFT
Type:
Multi-Family
Built:
1952
County:

School Ratings & Info

Description

Single family home + duplex for sale on separate, but adjacent tax lots. These 3 units are fully rented, actual income (not proforma) of $51,660/year and a 8.7% cap rate, lead free, licensed, separately metered, completely renovated inside and out, in a fantastic Glen Burnie location, with realistic upside. The home (15 Sumac Rd): 1 bedroom 1 bath with a private fenced yard and shed. Remodeled outside and inside. Gutters, painting, lighting, landscaping, and the interior were all re-done (flooring, painting, lighting, bathroom re-done, etc). Large shed. This home could be sold separately if city water/sewer is connected directly, a major future upside, as it sits on its own tax lot.The duplex (17A and 17B Sumac): Two, 1 bedroom 1 bath units with identical floor plans. New roof and gutters, painting, lighting, landscaping, and interiors all re-done. Private yard. Two sheds w/power and an owner's shed as well. This property is easy to rent, easy to manage, and has a lot of long-term possibilities.

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www.chesapeakebayproperties.com/homes/148530114
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15 and 17 Sumac Road GLEN BURNIE, MD 21060

  • Price: $495,000
  • Status: Active
  • On Site: 102 Days
  • MLS #: MDAA2079870
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1,050
SQFT
$471
$/SQFT
1952
Built
County:
Anne Arundel
School District:
Anne Arundel County Public Schools
Property Description
Single family home + duplex for sale on separate, but adjacent tax lots. These 3 units are fully rented, actual income (not proforma) of $51,660/year and a 8.7% cap rate, lead free, licensed, separately metered, completely renovated inside and out, in a fantastic Glen Burnie location, with realistic upside. The home (15 Sumac Rd): 1 bedroom 1 bath with a private fenced yard and shed. Remodeled outside and inside. Gutters, painting, lighting, landscaping, and the interior were all re-done (flooring, painting, lighting, bathroom re-done, etc). Large shed. This home could be sold separately if city water/sewer is connected directly, a major future upside, as it sits on its own tax lot.The duplex (17A and 17B Sumac): Two, 1 bedroom 1 bath units with identical floor plans. New roof and gutters, painting, lighting, landscaping, and interiors all re-done. Private yard. Two sheds w/power and an owner's shed as well. This property is easy to rent, easy to manage, and has a lot of long-term possibilities.
Exterior Features

Architectural Style Other Construction Materials Vinyl Siding Garage YN No Parking Types DrivewayOn Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1050 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Heating Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Original MLSNumber 802921554340 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 2327.00 Tax Lot 9R Total Actual Rent 51660.00 Vacation Rental YN No Water Source Public Zoning NON-CONFORMING USE Zoning Description Non-conforming use for the duplex at 17 Sumac has been granted by the county

 
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Easton MD, 21601