242 W Main St, Elkton, MD 21921
- $262,500
- 2,976
- SqFt
- List Price
- $262,500
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- MDCC2022994
- Living Area
- 2,976
- Lot Size (Acres)
- 0.30000000000000004
- Style
- Colonial
- Year Built
- 1915
- County
- Cecil
- School District
- Cecil County Public Schools
Property Description
Prime Investment Opportunity, Quadraplex Close to Town Investors, take note. This four-unit quadraplex offers strong income potential in a convenient location just minutes from town. The property features one spacious 2-bedroom, 1-bath unit and three comfortable 1-bedroom, 1-bath units — a versatile mix that appeals to a wide range of tenants. One unit is currently leased at $685 on a month to month lease, three are vacant. With each unit projected to rent for approximately $1,000 or more per month, this property offers the potential to generate $4,000+ in gross monthly income. Whether you're growing your rental portfolio or looking for your first multi-unit investment, this is an opportunity worth a closer look. Don't miss your chance to own a income-producing property in a desirable, close-to-town setting. Schedule your showing today!
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Additional Information
- Taxes
- $3391
- Stories
- 3
- School District
- Cecil County Public Schools
- Heating
- Heat Pump(s)
- Heating Fuel
- Electric
- Cooling
- None
- Water
- Public
- Sewer
- Public Septic
Mortgage Calculator
Listing courtesy of Foraker Realty Co.. Contact: (484) 406-3004
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