15 Sumac Road

Glen Burnie MD 21060

0.17 ac.

Multi-Family

Currently for sale - view listing

Overview

Single family home + duplex for sale on separate, but adjacent tax lots. These 3 units are fully rented, actual income (not proforma) of $46,440/year and a 8% cap rate, lead free, licensed, completely renovated inside and out, in a fantastic Glen Burnie location, with realistic upside. May be open to carrying financing.The home (15 Sumac Rd): 1 bedroom 1 bath with a private fenced yard and shed. Remodeled outside and inside. Gutters, painting, lighting, landscaping, and the interior were all re-done (flooring, painting, lighting, bathroom re-done, etc). Lead free. Large shed. Rents for $1,430/month, occupied. This home could be sold separately if city water/sewer is connected directly, a major future upside!The duplex (17A and 17B Sumac): Two, 1 bedroom 1 bath units with identical floor plans. 17A rents for $1,195/month and 17B rents for $1,245/month. New roof and gutters, painting, lighting, landscaping, and interiors all re-done. Private yard. Two sheds w/power and an owner's shed as well. Lead free.