Cambridge, MD 21613,808 (& 810) RACE ST
Cambridge, MD 21613,808 (& 810) RACE ST
Cambridge, MD 21613,808 (& 810) RACE ST
$122,000
Est. payment /mo
$195,000
37.4%
Est.Price: ?

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3,996 SqFt
SOLD DATE : 03/20/2023

Key Details

Sold Price $122,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,996 sqft

Price per Sqft $30

MLS Listing ID MDDO2002426

Sold Date 03/20/23

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $2,227

Tax Year 2023

Lot Size 6,360 Sqft

Acres 0.15

Property Description

Multi-use commercial property known as 808 - 810 Race Street Cambridge MD for sale at $210,000. Sold as is where is. Zoning is NC-4 - contact City of Cambridge P & Z for guidance on specific use guidelines. Bus stop for scholastic use. City of Cambridge has recently placed new sidewalks. The front portion of the building is a prime retail and / or office location. The store, previously operated as E G Webster & Son LLC for generations, is no longer open - the large sign out front does not convey. Outside dimension of the building is +- 56' x 41'. Store dimensions - front room is +-35'L x 18'W x 9.5' H or +- 630 SF; and back room (with small loading door) is +-16'L x 16'W x 8'H or 256 SF. Active alarm system in the store. Seller recently installed efficient propane heaters for both rooms of the store. The property has two rentals properties previously generating a combined monthly income of $1215. Attic - empty, solid, with windows - one active chimney for Store and Apt B energy exhaust. For the property - three electric meters, two natural gas meters and two water meters.

Rental Details - Apartment 808 A (Vacant) - 1,354 SF, 3 BR 1 BA (utilities metered separately); Kitchen 14' x 15'; Br1 12' x 15'; Br2 12' x 15'; Br3 16' x 12'; Living room 16' x 19', Hall1 8' x 15'; Hall2 24' x 7'. Apartment 808 B - 975 SF - 2 BR 1 BA (water, sewer, garbage fees paid by store); Kitchen 15' x 17'; Bathroom 5' x 8'; Living Room 12' x 19'; Bedroom 12' x 14'; Front Room 19' x 14'; plus nook, hallway and an outside porch facing Race Street. There is one space to park - off street. Municipal Utilities Commission (annual $59 per unit fee) serves the property with water, sewer and trash removal (natural gas is provided by Chesapeake Utilities). Store (810) monthly utility costs averaged $115 (water) and $242 (electricity). Insurance coverage on three units is +- $2,364 / year. Both apartments have access and use of outside storage units.

Location

State MD

County Dorchester

Zoning NC-4

Interior

Hot Water Other

Heating Other

Cooling Other

Flooring Wood

Equipment See Remarks

Heat Source Other

Exterior

Utilities Available Phone, Sewer Available, Water Available

Waterfront N

Water Access N

View Street

Roof Type Asphalt

Street Surface Black Top

Accessibility None

Road Frontage City/County

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Dorchester County Public Schools

Others

Tax ID 1007152337

Ownership Fee Simple

SqFt Source Assessor

Security Features Electric Alarm,Main Entrance Lock

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Robert L Rich Jr. • Benson & Mangold, LLC
Bought with Penny M Introcaso • Benson & Mangold, LLC

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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