$194,000
$199,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
30521 DR WILLIAM P HYTCHE BLVD Princess Anne, MD 21853
2,196 SqFt
Key Details
Sold Price $194,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,196 sqft
Price per Sqft $88
MLS Listing ID MDSO2003880
Sold Date 01/17/24
Style Farmhouse/National Folk
Abv Grd Liv Area 2,196
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,160
Tax Year 2022
Lot Size 3,570 Sqft
Acres 0.08
Lot Dimensions 0.00 x 0.00
Property Description
Step into history while enjoying the comforts of modern living in this exceptional triplex, located in the heart of historic downtown Princess Anne. Built in 1900 and meticulously renovated in 1997, this property offers the perfect blend of timeless charm and contemporary convenience.
Unit A is a 3-bedroom opportunity awaiting your personal touch and creativity. This unit offers a blank canvas for your renovation ideas. Revitalize and customize this space to your specifications, turning it into a charming living area.
Unit B is a comfortable, tenant-occupied 2-bedroom apartment. With reliable rental income already in place, this unit offers a hassle-free investment opportunity. The existing tenants provide a steady revenue stream while you decide whether to maintain the status quo or update the unit to increase its potential.
Unit C represents a unique arrangement with a shared common area and kitchen, complemented by both bedrooms being rented out individually. This innovative setup caters to students or those seeking affordable, convenient housing. The shared space encourages social interaction, while the rented bedrooms offer privacy and comfort, already generating income.
In 1997, this property underwent an extensive renovation to modernize its essential systems. Updates include new plumbing, electrical, and central heating systems, ensuring a comfortable living environment while preserving the property's architectural integrity.
Nestled in downtown Princess Anne, your tenants will have convenient access to the town's vibrant community, local shops, and dining establishments. The University of Maryland Eastern Shore is just a short drive away, making this property especially attractive to students and faculty. A quick commute to Salisbury and the stunning Eastern Shore beaches adds to its appeal.
With three distinct income-generating units, this triplex offers versatility and income potential. Whether you're an experienced investor or just beginning your real estate journey, this property provides a versatile platform to grow your real estate portfolio.
Seize the opportunity to own this historic triplex, each unit offering a unique investment experience. Schedule a viewing today and explore the potential that this property holds. Act promptly – it won't remain on the market for long!
Location
State MD
County Somerset
Area Somerset East Of Rt-13 (20-02)
Zoning C-1
Interior
Hot Water Electric
Heating Central
Cooling Window Unit(s)
Fireplace N
Heat Source Propane - Owned
Exterior
Utilities Available Cable TV Available, Phone Available, Propane
Waterfront N
Water Access N
View City
Roof Type Asbestos Shingle
Accessibility None
Garage N
Building
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Farmhouse/National Folk
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Somerset County Public Schools
Others
Tax ID 2015004290
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Bernard West • Coldwell Banker Realty