Description
List price to be opening bid at online only auction. online auction to be conducted on auctioneers website. bidding begins sunday, june 20 & ends wednesday, june 25, 2025 at 2:00 pm. exceptional investment: 4-unit residential property steps from downtown manchester!discover a fantastic income-generating opportunity with this well-maintained 2-story building, featuring four residential units on a generous 0.55-acre lot. perfectly positioned just a block from the vibrant main street in historic manchester, md, this property offers both convenience and consistent returns.building & lot details: • total above grade area: 2,448 +/- sq. ft. (per md dept. of assessment & taxation). • current gross monthly income: $4,875 – a solid return from day one! apartment features: • unit 3155 (1 bed/1 bath): welcoming living room, eat-in kitchen, and a charming covered porch. currently month-to-month at $1,325/month. central heat and air conditioning. limited lead free certificate. • unit 3157 (1 bed/1 bath): spacious living/dining combination, well-equipped kitchen, and a private deck for outdoor enjoyment. features electric baseboard heat. leased for $1,250/month, converting to month-to-month in september 2025. lead free certificate. • unit 3159 (1 bed/1 bath): comfortable living room, functional kitchen, and its own deck. features electric baseboard heat. long-term tenant (since feb. 1997) on a month-to-month lease at $1,200/month. full risk reduction lead certificate. • unit 3161 (1 bed/1 bath): bright living/dining area, practical kitchen, and a relaxing covered porch. features oil baseboard heat paid by the tenant. stable, long-term tenant (since feb. 2005) on a month-to-month lease at $1,100/month. full risk reduction lead certificate. investor advantages & property amenities: • low owner expenses: tenants are responsible for their own electric, heat, and hot water. • convenience: ample on-site parking for residents. • outdoor space: includes a nicely landscaped backyard, perfect for tenant enjoyment. • extra storage: two separate storage buildings provide additional utility. the manchester appeal: established in 1833 and home to over 5,000 residents, manchester exudes a sought-after small-village charm. this property is within easy walking distance of main street's diverse restaurants, boutiques, and local businesses, making it highly attractive to tenants.
Property Type
Multi-FamilyCounty
CARROLLStyle
TraditionalAD ID
50065356
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Other
- Heating: Other
- Cooling Fuel: Electric
- Heating Fuel: Other
-
Exterior Features
Building Information
- Year Built: 1870
- Structure: Detached
- New Construction: No
- Total Units: 4
- Built: 1870
- Construction Material: Other
- Foundation/Basement: Other
- Architecture: Traditional
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Other
-
Property / Lot Details
Lot Information
- Lot Size: 24,001
- Lot Size (Acres): 0.55
- Architectural Style: Traditional
- Main Square Feet: 24,001
Property Information
- SQ ft: 3,672
- SQ ft (Living Area): 2,448
- Total Lot SQ ft: 24,001
- Total Acreage: 0.55
- New Construction: No
- Type: Traditional
-
Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,845
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $300,700
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Other,On Street
Homeowners Association Information
- Direction: York Street to Church Street
-
School, Utilities & Location Details
School Information
- School District: CARROLL COUNTY PUBLIC SCHOOLS
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Other
- Hot Water: Other
Location Information
- Direction: York Street to Church Street
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BuyOwner last updated this listing 06/07/2025 @ 15:38
- MLS: MDCR2027880
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 2,448 sqft, 24,001 sized lot, and 0 parking. are nearby neighborhoods.