Fully rented income producing 5 Unit multi-family property in an excellent location on Rt. 260 in Owings. The property is in the Owings Town Center "Core District". Units have upgraded finishes, vinyl siding, HVAC & the roof is less than 3 years old. Plenty of on-site parking. There is a 6th Unit that is rented as garage space. Seller also has 2 other multi-family properties listed (Owings, Chesapeake Beach). Do not disturb the tenants. Please contact listing agent to arrange showings or with questions.
Multi-familyProperty Type
1930Year Built
0.58 acresLot Size
$164Est. Price/Sq.Ft.
Listed by Christopher Underwood• Curtis Real Estate Company
•410-268-8696 (broker)
Listed by Rene Geist• Curtis Real Estate Company
•410-268-8696 (broker)
Bought with sonney pickens• O'Brien Realty ERA Powered
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.58 Acres
Year renovated
—
Sq. Ft.
4,192
Year built
1930
Style
Single Family Residential
County
Calvert County
APN
03007774
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 13, 2019.
TC
Town Center District
The Town Center District is intended to include all property comprehensively zoned Town Center and governed by Town Center Master Plans and Zoning Ordinances. The purpose of this District is to provide attractive, pleasant and convenient places to live, work, and shop in a town-like setting; to promote strong business growth; to provide an alternative to scattered, strip commercial development along MD 2, 4, and 2/4; to expand the choice of housing options for all ages and incomes; to reduce dependence on motorized vehicles by providing public transit alternatives and requiring that pedestrian circulation be addressed; to reduce residential growth in agricultural areas; and to provide cultural and recreational amenities serving the entire population.
Property details
Parking
Parking Information
Parking Lot, Off Street
Interior
Interior Information
Living Area Sq.Ft. Source: Estimated
Basement Information
Basement: No
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $290,200
Ownership Interest: Fee Simple
Property Condition: Very Good
Year Built Source: Assessor
Year Major Reno/Remodel: 2021
Building Information
# of Units (Total): 4
Construction Materials: Vinyl Siding
Foundation Details: Concrete Perimeter, Crawl Space
Other Structures: Above Grade, Below Grade
Roof: Architectural Shingle
Structure Type: Detached
Lot Information
Tidal Water: No
Land Information
Land Assessed Value: $238,700
Above Grade Information
Finished Sq.Ft.: 4,855
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
County Tax: $5,495
Tax Assessed Value: $528,900
Tax Year: 2022
Tax Annual Amount: $5,905
Assessments Information
Year Assessed: 2022
Lease Information
Existing Lease Type: Yearly
Rental Information
Total Actual Rent: $80,940
Utilities
Utilities Information
Cooling Type: Heat Pump(s), Ductless/Mini-Split
Cooling Fuel: Electric
Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Holding Tank
Water Source: Well
Municipal Trash: No
Location
Multi Unit Information
# of Single Room Units: 1
# of One Bedroom Units: 3
# of Two Bedroom Units: 2
# of Units Leased: 6
Units Furnished: None
Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
School Information
School District Name: CALVERT COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
Outside City Limits
Directions: USE GPS
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,192
Stories: 1.0
Lot Size: 0.58 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: —
County: Calvert County
APN: 03007774
Home facts updated by county records on Jun 13, 2019
Around this home
Schools
Windy Hill Elementary School
Public PreK-5 • Assigned • 1.6mi
7/10
Windy Hill Middle School
Public 6-8 • Assigned • 1.6mi
9/10
Northern High School
Public 9-12 • Assigned • 3.4mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 102° expected this year, 16 days in 30 years
6/10 Wind Factor
62% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Owings, MD • 20736
Average low and high temperatures (°F)
39
24
44
29
62
41
69
49
73
57
84
66
88
72
80
64
77
62
69
49
59
41
46
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 4.7 hours in December, which is comparable to the
U.S. average for solar exposure.
9.4 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$755,000 – $913,000
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