21 SUMAC ROAD, GLEN BURNIE, MD 21060
9|Other
THB ฿28,930,840
USD $845,000
Published on: 15 Feb 2024
Last updated on: 13 Jun 2024
Property ID: 110090027594
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Key property information
Land Size
687.97 m2
Parking Spaces
9
Commercial - GLEN BURNIE, MD
21 SUMAC ROAD, GLEN BURNIE, MD 21060
6 total rental units. Cash flowing, no deferred maintenance, fully rented, and recently renovated apartment building (5 units) plus single-family home in renter-dense Glen Burnie location. Lead-free (MDE registered) and legal (cert of use w/non-conf cert and MDL). Property was fully renovated in '18/'19 -- new roofs and gutters, individually electrical metered, new water heater, paint, LED lighting, landscaping, fencing, mailbox cluster, and 5 of 6 interiors completely re-done including baseboad heaters. Actual annual rents of $90,120 with upside, equating to a 8.75% current cap rate.Units consist of one 3-bedroom, three 1-bedrooms, and one efficiency in the apartment building and one 1-bedroom bungalow single-family home. There is a separate laundry room with income.
Property Details
Basic Info
Basic Info
Property Type
Other
Listing Status
Pending
Parking Spaces
9
Land Size
687.97 m2
Year Built
1949
Architecture Style
Other
County
ANNE ARUNDEL
Provider
Taylor Properties
Brokerage Office Name
Taylor Properties
Brokerage Office Phone
(301) 970-2447
Address
21 SUMAC ROAD, GLEN BURNIE, MD 21060
Contact Agent
Nicole Hassannia
Contact Agent
Contact Agent
Email enquiry to Taylor Properties
Nicole Hassannia
175 Admiral Cochrane DRIVE, Annapolis, MD 21401
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Property ID: 110090027594
Data provided by Taylor Properties, MLS #: MDAA2077910
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