Description
Investment opportunity: 6-unit apartment building with stable tenancy
discover a prime investment in this well-maintained 6-unit spacious, 4,800 sq. ft. apartment building, ideally located in taneytown md. currently fully occupied, this property offers a reliable income stream, $5,225 gross monthly income. the unit composition includes three 1-bedroom and three 2-bedroom apartments, accommodating a diverse range of renters.
all units are on month-to-month leases, offering flexibility for future adjustments. one unit (unit 1) is hud approved, and all units are certified lead free. two of the apartments have been completely remodeled—one in 2023 and the other in 2024—while the updated lobby adds a welcoming touch for tenants and guests alike. the building sits on a slab foundation and has a newer roof installed in 2022, adding to its low-maintenance appeal. each unit is equipped with electric baseboard heat, and the landlord has supplied one window a/c to most units. the property is home to long-term tenants, many of whom have been renting for years and would like to stay.
this turnkey property presents an excellent opportunity for investors seeking a low-maintenance asset with immediate rental income. don’t miss out on this chance to expand your portfolio in a thriving rental market. schedule your viewing today!
Property Type
Multi-FamilyCounty
CARROLLStyle
ColonialAD ID
50124595
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Carpet,Ceiling Fan(s),Wood Floors
- Roof : Rubber,Flat
- Property Appliances: Stove,Refrigerator
Roofing Information
- Rubber,Flat
Heating & Cooling
- Cooling: Window Unit(s),Ceiling Fan(s)
- Heating: Baseboard - Electric
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 1948
- Structure: Detached
- Major Appliances: Stove,Refrigerator
- New Construction: No
- Total Units: 4
- Built: 1948
- Construction Material: Vinyl Siding
- Roof: Rubber,Flat
- Foundation/Basement: Slab
- Architecture: Colonial
- Pool/Private: No Pool
- Roof Type: Rubber,Flat
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 4,225
- Lot Size (Acres): 0.10
- Architectural Style: Colonial
- Main Square Feet: 4,225
Property Information
- SQ ft: 4,800
- SQ ft (Living Area): 4,800
- Total Lot SQ ft: 4,225
- View: City,Street
- Total Acreage: 0.10
- New Construction: No
- Type: Colonial
-
Listing Information
Listing Information
- Possession: Settlement,Negotiable
- Days Of Market: 0
-
Taxes / Assessments
Tax Information
- Annual Tax: $6,150
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement,Negotiable
Assessment Information
- Taxes Assessment Amount: $409,167
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Roof: Rubber,Flat
Homeowners Association Information
- Direction: From Westminster - Route 140W toward Taneytown to Round-about. Take 1st exit to stay on Rt 140 (Taneytown Pike) Make a Right on York Street to property (No Sign)
-
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: Electric
- Hot Water: Electric
Location Information
- Direction: From Westminster - Route 140W toward Taneytown to Round-about. Take 1st exit to stay on Rt 140 (Taneytown Pike) Make a Right on York Street to property (No Sign)
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BuyOwner last updated this listing 06/13/2025 @ 12:43
- MLS: MDCR2027850
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is recently sold, it has 4,800 sqft, 4,225 sized lot, and 0 parking. are nearby neighborhoods.