24241 COLTON POINT ROAD

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$360,000

24241 COLTON POINT ROAD

3 Beds 4,826 Sq.Ft.

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Description

Amazing opportunity for an income generating multi-unit property on over 8 acres of land. Live in one and rent the rest or rent all 4 units. This property has it all. Duplex consists of 2 bedroom 1 bath each. 2 single family homes, one 3 bed 1 bath, one 4 bed 1 bath. Rental history with long term tenants. The property needs some work/updating but that is fully reflected in the price point which is WELL below market value. Objective rental income:

2/1: 1k/month
2/1: 1k/month
3/1: 1.3k/month
4/1: 1.5k/month

Total: $4,800/month or $57,600/year.

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Location

24241 Colton Point Rd, Clements, MD 20624

Status

Sold

MATTHEW BURGAN

TITLE

Founder | Associate Broker

PHONE

(240) 925-2224

[email protected]

CONTACT AGENT

Property Amenities

Interior

Appliances Electric Water Heater

Total Bedrooms: 3

Area & Lot

Lot Area 8.42 Acres

Living area 4,826 Sq.Ft.

MLS® ID MDSM2008394

Year Built 1950

School District ST. MARY'S COUNTY PUBLIC SCHOOLS

Architecture Styles Other

Type Multi-Family

Status Sold

Exterior

Air conditioning Central Air, Ceiling Fan(s), Window Unit(s)

Heat type Central, Electric

Water Source Well

Sewer Septic Tank

Roof Shingle

Finance

Sales Price $360,000

Real Estate Tax $5,960 yearly

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Our mission-focused company offers infinite possibilities for buyers, sellers, and investors across St. Mary’s County through a highly customer-oriented approach, open and dependable communications, and an unrivaled work ethic. No other company sinks as many resources into your success.

Leave a Message

Thank you for your message. We will be in touch with you shortly.

$360,000

24241 COLTON POINT ROAD

Description

Share Property

Location

Status

MATTHEW BURGAN

Property Amenities

Interior

Area & Lot

Exterior

Finance

Featured Properties

$635,000

$549,000

$369,900

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Work With Us

Get in Touch

Contact Details