Fantastic Opportunity To Own This 3 Unit Income Property Located Just Outside Of Downtown Elkton! Easily Accessible To Town, Shopping, Restaurants And Public Transportation. Rancher And A 2 Level Apartment Building. Very Well Maintained Property. Very Large Fenced Parking Area And 2 Old Storage Sheds. Central A/C In All Units. House Has Oil Heat. All Units Have Stove, Refrigerator And Hook Ups For Washer & Dryer. Rent Out All 3 Homes Or Live In One And Rent The Other Two To Pay Your Mortgage And Earn A Profit Too!!!
Multi-familyProperty Type
2006Year Built
9,539 sq ftLot Size
$162Est. Price/Sq.Ft.
10 spacesParking
Listed by Joan Tepper• Key Realty, Incorporated
•410-398-1247 (broker)
Bought with Alphie Stoltzfus• Beiler-Campbell Realtors-Quarryville
Add three doors to your portfolio today! This 3-unit property includes one 2-bedroom rancher built in 2006, and a two unit apartment building. Both 1BR/1BA apartments include full kitchens and spacious living rooms. All units metered individually. Each unit has laundry hook-ups and two of the units having washer/dryers. The property has ample paved parking plus two storage sheds for the apartment residents use. All are occupied on a month-to-month basis so it is possible to extend the leases and increase rents, if desired. All tenants would like to remain so this is an excellent opportunity to add cash flow quickly.
BRIGHT MLS #MDCC2002640
Dec 15, 2021
Listing Removed
—
Dec 9, 2021
Listed
$280,000
$107/sq ft
Public Records
Jul 25, 2008
Sold
$220,000
$84/sq ft
MRIS #CC6210569
Dec 11, 2006
Delisted
—
Oct 6, 2006
Listed
*
BRIGHT MLS #MDCC135550
Nov 30, 2006
Listing Removed
—
Oct 6, 2006
Listed
$279,900
$107/sq ft
MRIS #CC6178717
Dec 11, 2006
Delisted
—
Sep 6, 2006
Listed
*
Public Records
Sep 27, 1994
Sold
$130,000
$50/sq ft
Public Records
Oct 8, 1987
Sold
$60,000
$23/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,565 (+9.0%)
2024
$2,353 (+0.3%)
2023
$2,346 (−0.7%)
$44,200 + $170,800
$215,000
2022
$2,364
2021
$2,363 (+5.8%)
2020
$2,233 (+7.6%)
$44,200 + $163,100
$207,300
2019
$2,076 (+8.2%)
2018
$1,918
$44,200 + $122,100
$166,300
2017
$1,918 (+4.0%)
$44,200 + $122,100
$166,300
2015
$1,844
$44,200 + $123,100
$167,300
2014
$1,845 (−8.8%)
2013
$2,023 (+4.8%)
2012
$1,931 (+2.4%)
2011
$1,885 (−18.0%)
2010
$2,298 (+14.0%)
2009
$2,016
Tax history for 244 Red Hill Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,565 (+9.0%)
2024
$2,353 (+0.3%)
2023
$2,346 (−0.7%)
$44,200 + $170,800
$215,000
2022
$2,364
2021
$2,363 (+5.8%)
2020
$2,233 (+7.6%)
$44,200 + $163,100
$207,300
2019
$2,076 (+8.2%)
2018
$1,918
$44,200 + $122,100
$166,300
2017
$1,918 (+4.0%)
$44,200 + $122,100
$166,300
2015
$1,844
$44,200 + $123,100
$167,300
2014
$1,845 (−8.8%)
2013
$2,023 (+4.8%)
2012
$1,931 (+2.4%)
2011
$1,885 (−18.0%)
2010
$2,298 (+14.0%)
2009
$2,016
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
9,539 Sq. Ft.
Year renovated
—
Sq. Ft.
1,036
Year built
2006
Style
Single Family Residential
County
Cecil County
APN
03 026396
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
ST
Suburban Transition Residential District
The purpose of the Suburban Transition Residential zone is to provide opportunities for medium density growth areas in the periphery of the Growth Area. The intent of this zone is to act as a transitional zone between higher density zones and lower density zones.