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Listed by Chuck Mangold JR. • Benson & Mangold, LLC
$ 1,350,000
Est. payment | /mo
2.03 Acres Lot
$ 1,350,000
Est. payment | /mo
2.03 Acres Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDDO2010298
Year Built 2024
Annual Tax Amount $8,817
Tax Year 2024
Lot Size 2.030 Acres
Acres 2.03
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Versatile multi-unit investment in a well-situated location, featuring five fully leased units, including a residential space on Aireys Road. All tenants are long-term and well-established, providing consistent income and minimal turnover for a truly hands-off ownership experience. Included in the offering is an additional residential parcel, also tenant-occupied, adding further stability and income to the investment. The property offers convenient access to major routes, connecting the area to surrounding Eastern Shore communities and beyond, while maintaining a quiet, stable setting that appeals to tenants. With a proven rental history and strong occupancy, this is a dependable addition to any portfolio, blending stability, location, and long-term potential.
Location
State MD
County Dorchester
Zoning B-2
Interior
Hot Water Electric
Heating None
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 44.0
Water Access N
Accessibility 32\"+ wide Doors
Total Parking Spaces 44
Garage N
Building
Sewer Septic Exists
Water Private, Well
New Construction N
Schools
School District Dorchester County Public Schools
Others
Tax ID 1014004742
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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