UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,566 sqft
Price per Sqft $90
MLS Listing ID MDHW2067038
Style Other
Abv Grd Liv Area 8,566
Year Built 1900
Available Date 2026-05-04
Annual Tax Amount $9,711
Tax Year 2025
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Other
Source BRIGHT
Property Description
The property is 100% occupied and generates $74,160 in current gross rental income. However, rents across all units are materially below market, presenting an immediate mark-to-market opportunity of at least $20,400 annually upon lease rollover. All tenants are currently on monthly renewals, offering a near-term rent reset event.
This offering represents a compelling blend of stabilized cash flow and clearly identifiable value-add upside for investors seeking small-balance mixed-use portfolios in growing suburban Maryland markets. **Tenant Items have been digitally removed**
Location
State MD
County Howard
Zoning RCDEO
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Multi Units, Ceiling Fan(s), Window Unit(s)
Fireplaces Number 1
Fireplaces Type Wood, Other
Fireplace Y
Heat Source Natural Gas
Laundry Dryer In Unit, Washer In Unit
Exterior
Garage Spaces 15.0
Utilities Available Natural Gas Available
Water Access N
Roof Type Architectural Shingle,Flat,Pitched,Rubber
Accessibility None
Total Parking Spaces 15
Garage N
Building
Foundation Block
Above Ground Finished SqFt 8566
Sewer Other, Shared Septic, Septic Exists, Private Septic Tank, Gravity Sept Fld
Water Private, Well
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Lisbon
Middle Schools Glenwood
High Schools Glenelg
School District Howard County Public School System
Others
Tax ID 1404367464
Ownership Fee Simple
SqFt Source 8566
Acceptable Financing Cash, Conventional, Bank Portfolio
Listing Terms Cash, Conventional, Bank Portfolio
Financing Cash,Conventional,Bank Portfolio
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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