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PRICE $1,600,000 dsIDX morgage calculator
SIZE 11,008 sqft
LOT SIZE 1.05 ac

PORTFOLIO SALE! Attention investors and landlords: Don't miss out on this incredible investment opportunity in Saint Mary's County, Maryland. This multi-dwelling package presents an excellent opportunity to expand your portfolio with nine residential townhome units. Each of the townhomes in this package have undergone several upgrades since 2019 which include kitchens, appliances, flooring, roof shingles and gutters, HVAC as well as rear decks on the Pegg Road units. The inclusion of washer and dryers in each unit adds convenience and value to both landlords and prospective tenants. The portfolio sale includes 22108 Pegg Rd, 22112 Pegg Rd, 22114 Pegg Rd, 22116 Pegg Rd, 22089 Spring Valley Dr, 22091 Spring Valley Dr, 22093 Spring Valley Dr, 22095 Spring Valley Dr and 22097 Spring Valley Dr. Currently all nine units are leased and tenant occupied providing immediate cash flow (UPDATE: 22108 Pegg went vacant as of 10/8, now being readied to list for rent). All units are currently managed by a professional property management company ensuring a seamless transfer of ownership from a tenant perspective while sustaining efficient and hassle free operations. With an estimated fully occupied annual gross income of $162,000, these units offer a potential for stable and substantial rental income. There is no home owners association. The homes are located very close to NAS PAX with Pegg Road being directly across Three Notch Road from the Buse Rd Gate 1 base entrance. Easy access to major traffic arteries, Saint Mary's County Public Transit and convenient to the many amenities offered by the Lexington Park area. This investment opportunity offers a strong rental market and the potential for long-term appreciation. Don't miss out on the chance to add these lucrative townhome units to your portfolio. Seller is offering the current ownership name and LLC in addition to the real property.

DAYS ON MARKET 13 LAST UPDATED 10/9/2024
TRACT DAKOTA MANOR YEAR BUILT 1986
COUNTY SAINT MARYS STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater
BASEMENT Crawl Space
HEAT Central, Electric, Forced Air, Heat Pump
LOT 1.05 acre(s)
SEWER Public Sewer
SUBDIVISION DAKOTA MANOR
TAXES 111154
WATER Public
ZONING Residential High Density
MORTGAGE CALCULATOR
   

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