GUIDED TOUR: THURSDAY, SEPTEMBER 10th @ 12:00PM PROMPTLY (MASKS REQUIRED). List price to be opening bid at the public auction sale. Opening Bid: $150,000. Online Auction Only! Bidding begins Saturday, September 12th and ends Thursday, September 17th, 2020 at 12:00pm. 5-Unit Apartment Building in the "Perryville" Neighborhood of Cecil County, Maryland **Gross Potential Annual Rent Based on Full Occupancy is $58,200** Location: The property is located nearby to Route 40 (Pulaski Highway) between the "Aikin" and "Perryville" areas of Cecil County, Maryland. The building is nearby to various shops, restaurants, convenience stores, a food store and more. It is located next to the Richmond Hill Manor Senior Apartments. Site: The site is zoned R3 (High Density Residential). Situated on a 0.3 +/- acre parcel. Improvements: The property is improved by a 3-story plus basement building which contains 3,926 +/- sq. ft. of above-grade building area. The building contains 5 units with a mixture of 1 and 2 bedroom units. Features include replacement windows, tile flooring, original hardwood flooring and vinyl flooring varying by unit. Ample opportunity exists to improve the units for increased rental income. The units are self-contained, each with their own electric meter, electric baseboard heating system and electric hot water heater. There is a separate meter for the common areas. The lower level has additional storage as well as a laundry room with a washer and dryer. There is a gravel parking area with ample parking space. The roof was redone in 2014.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 16th January, 2021 8:49 AM