REDUCED PRICE! Tired of high city taxes and rental inspections? Look no further.
No City Taxes | Lead Free | Rare Multi-Unit Investment Opportunity
This is a rare chance to acquire three adjoining parcels deeded together, totaling nearly one acre (approximately 40,000 sq ft). The property offers four residential rental units plus a large 2-bay garage for additional income, with no city taxes and no city rental inspections.
The property includes two detached single-family homes, each with 4 bedrooms and 2 baths, and a brick building with two fully renovated 1-bedroom, 1-bath apartments. Every structure is solid brick and block construction. The one-bedroom units were taken down to the studs and rebuilt with new LVP flooring, drywall, doors, windows, fixtures, kitchens, and baths.
Recent capital improvements across the property include new roofs, gutters, replacement windows, and updated plumbing and electrical. The large lot provides plenty of off-street parking, and the location is close to shopping, schools, restaurants, and commuter routes.
The lead-free status simplifies compliance and insurance. The property is also FHA eligible, so an owner-occupant can purchase with as little as 3.5% down. You can live in one unit while rent from the other three units and the garage helps cover the mortgage.
This property works for first-time buyers and experienced investors alike, combining condition, income potential, multiple parcels, and no city taxes. Opportunities like this are hard to find in Washington County. Schedule your showing today.
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Listing Snapshot
Price
$600,000
Days On Site
301 Days
Bedrooms
8
Inside Area (SqFt)
1,428 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.23 Acres
Year Built
1951
MLS Number
MDWA2033652
Status
Active
Property Tax
$2,369
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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