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242 W Main St

Elkton MD 21921

5
2976 sq. ft.
13242 sq. ft.
Duplex
Currently for sale - view listing

Overview

Prime Investment Opportunity, Quadraplex Close to Town Investors, take note. This four-unit quadraplex offers strong income potential in a convenient location just minutes from town. The property features one spacious 2-bedroom, 1-bath unit and three comfortable 1-bedroom, 1-bath units — a versatile mix that appeals to a wide range of tenants. One unit is currently leased at $685 on a month to month lease, three are vacant. With each unit projected to rent for approximately $1,000 or more per month, this property offers the potential to generate $4,000+ in gross monthly income. Whether you're growing your rental portfolio or looking for your first multi-unit investment, this is an opportunity worth a closer look. Don't miss your chance to own a income-producing property in a desirable, close-to-town setting. Schedule your showing today!

Features

5 bedrooms
2976 sq. ft. floor area
13242 sq. ft. lot size
Duplex

Happy sellers in Elkton

92%
92% of sellers in Elkton reported that their sale price either exceeded or met their price expectations.

Elkton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Elkton over the last 12 months.

Local market activity for 5 bedroom duplexes in Elkton

In the last 12 months, 2 five-bedroom duplexes similar to 242 W Main St, have been sold.

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