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15 Sumac Road

GLEN BURNIE, MD 21060
  • $410,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: MDAA2014618
UPDATED: 17 min ago
$410,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 384
    SQFT
  • $1,068
    $/SQFT
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Description

Selling both 17 Sumac (duplex) and 15 Sumac (SFR) together - 2 adjacent tax lots!If you are interested in a low maintenance, 10+% cap rate property with upside, this could be the one!It is a home plus a duplex located at 15 and 17 Sumac Rd, in Glen Burnie MD, respectively.+GG There are a total of three units, fully rented.+GG There are two separate adjacent tax lots, so the home could be sold in the future independent of the duplex.+GG This is a real future plus! The home connects to the water/sewer of the duplex, but could be connected directly to city water/sewer on its own and sold separately.+GG But you don+GGt need to do that per se, it is just an upside and gives flexibility.+GGThe home (15 Sumac): 1 bedroom 1 bath with a private fenced yard and shed.+GG Remodeled outside and inside.+GG Gutters, painting, lighting, landscaping, and the interior was all re-done (flooring, painting, lighting, bathroom re-done, etc).+GG Lead free.+GG Large shed. Rents for $1,430/month, occcupied.+GGThe duplex (17A and 17B Sumac): Two, 1 bedroom 1 bath units with identical floor plans.+GG One of the tenants moved out recently, was renovated, and just re-rented it at market rents for $1,195/month - unit 17A.+GG The other unit has an older tenant in it, on a MTM tenancy, paying $775/month - 17B.+GG This could be renovated identical to the other side and rents raised similar to 17A.+GG 2 sheds w/power and an owner's shed as well.+GG Lead free.+GGConditional use permit and MDL in place with county.+GG May be open to carrying a first note for $180,000.+GG

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Crews Real Estate | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-03T08:51:59.98.
www.crewsrealestate.com/homes/123324923
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15 Sumac Road GLEN BURNIE, MD 21060

  • Price: $410,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 17 min ago
  • ID#: MDAA2014618
0
Beds
0
Baths
0
½ Baths
0.17
Acres
384
SQFT
$1,068
$/SQFT
1949
Built
County:
Anne Arundel
School District:
Anne Arundel County Public Schools
Property Description
Selling both 17 Sumac (duplex) and 15 Sumac (SFR) together - 2 adjacent tax lots!If you are interested in a low maintenance, 10+% cap rate property with upside, this could be the one!It is a home plus a duplex located at 15 and 17 Sumac Rd, in Glen Burnie MD, respectively.+GG There are a total of three units, fully rented.+GG There are two separate adjacent tax lots, so the home could be sold in the future independent of the duplex.+GG This is a real future plus! The home connects to the water/sewer of the duplex, but could be connected directly to city water/sewer on its own and sold separately.+GG But you don+GGt need to do that per se, it is just an upside and gives flexibility.+GGThe home (15 Sumac): 1 bedroom 1 bath with a private fenced yard and shed.+GG Remodeled outside and inside.+GG Gutters, painting, lighting, landscaping, and the interior was all re-done (flooring, painting, lighting, bathroom re-done, etc).+GG Lead free.+GG Large shed. Rents for $1,430/month, occcupied.+GGThe duplex (17A and 17B Sumac): Two, 1 bedroom 1 bath units with identical floor plans.+GG One of the tenants moved out recently, was renovated, and just re-rented it at market rents for $1,195/month - unit 17A.+GG The other unit has an older tenant in it, on a MTM tenancy, paying $775/month - 17B.+GG This could be renovated identical to the other side and rents raised similar to 17A.+GG 2 sheds w/power and an owner's shed as well.+GG Lead free.+GGConditional use permit and MDL in place with county.+GG May be open to carrying a first note for $180,000.+GG
Exterior Features

Architectural Style Other Construction Materials Vinyl Siding Garage YN No Other Structures Above GradeBelow Grade Parking Types DrivewayOff StreetOn Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 384 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Heating Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashContract Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel Electric Foundation Details Slab Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 801194099960 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Other Sale Type Standard Section C Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 2383.00 Tax Assessment Amount 157167.00 Tax Lot 8R Vacation Rental YN No Water Source Public Zoning Non-Conforming Use Zoning Description Non-Conforming Use For The Duplex At 17 Sumac Has Been Granted By The County

Listing courtesy of Taylor Properties.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Crews Real Estate | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-03T08:51:59.98.
 
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