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Key Details
Sold Price $400,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,226 sqft
Price per Sqft $76
MLS Listing ID MDWA2016304
Sold Date 08/25/23
Originating Board BRIGHT
Year Built 1889
Annual Tax Amount $2,809
Tax Year 2022
Lot Size 4,617 Sqft
Acres 0.11
Property Description
Seize an extraordinary opportunity to become the proud owner of a historic gem in Smithsburg, MD. This enchanting all-brick corner building comprises six units, including two spacious 2-bedroom apartments, two generously sized studios, one generous 1-bedroom unit, and a delightful small house at the rear. What truly sets this property apart is its cherished heritage, lovingly maintained by the same family for over 50 years. With regular upkeep and diligent care, the property remains in excellent condition, ensuring a sound investment.
One notable advantage lies in the remarkably low rental rates, rendering it an enticing prospect in the current market. The presence of long-term tenants, with some residing for over 15 years, opens up significant potential for immediate value appreciation through strategic rent adjustments.
This historic gem in Smithsburg is Nestled in a prime location, this property offers seamless access to a diverse array of amenities. Revel in the convenience of nearby restaurants, banks, pharmacies, gas stations, medical facilities, dentists, and schools, enhancing both practicality and lifestyle appeal. Don’t allow this exceptional opportunity to own a piece of Smithsburg’s cherished history to pass you by. Act swiftly and embrace the allure of this remarkable property.
To ensure the utmost comfort of the tenants, the seller respectfully requests that showings be arranged exclusively by appointment with sufficient advance notice. Showings will be scheduled for qualified buyers, taking into account the convenience of the tenants. This approach aims to minimize any disturbances while still allowing interested buyers to thoroughly explore the property. For scheduling a viewing or acquiring additional information, please reach out to the listing agent directly to discuss the available showing options in further detail.
Location
State MD
County Washington
Zoning TC
Interior
Hot Water Oil
Heating Hot Water
Cooling Window Unit(s)
Heat Source Oil
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street, Parking Lot
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2207009062
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Roberto G. Gonzalez • RG Realty, Inc.