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$275,000   Price Analysis
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359 W Main St
Elkton, MD 21921
3 bed None bath 2,044 SqFt ($134/SqFt)
7,492SqFt lot. Built 1918
Listed 2024-05-29, Taxes $2,229
USDA Eligible
near Elkton, MD
 Restrictions may apply
due to home size

Newly remodeled and rarely available two-unit rental opportunity in Elkton's West End neighborhood.

A pe rfect commuter location with access to Rt. 40, I-95 and minutes from North East and the Delaware line. A quick walk to increasing commercial appeal such as Elk River Brewing, Central Tavern or Sonny's Italian Market, helping provide a stable tenant base. Local entertainment at Elkton Music Hall or Showcase on Main is an added amenity for renters. Each unit is separately metered and comes with a shed for additional storage, a two car driveway and recently upgraded appliances.

Main level unit is a 2 bed, 1 bath unit that was recently remodeled in 2023. Upstairs unit is a 1 bed 1 bath recently remodeled in 2024. The upstirs unit has an unfinished 2nd bedroom for investors interested in forced appreciation. Each unit is currently occupied and current rents are disclosed by contacting the listing agent. Property is certified lead free, exempting it from state inspection at new lease signings, which reduces leasing costs.


Presented by Matt Beers at
CENTURY 21 Redwood Realty.
Listing Agent Photo

Property MLS #MDCC2012960 from BrightMLS

Bedrooms: 3

Basement

Dryer - Electric
Oven/Range - Electric
Refrigerator
Washer

Cooling Features: Ceiling Fan(s), Window Unit(s)
Heating Features: Baseboard - Electric, Central
Heating: Yes

Lot Size Acres: 0.1719927
Lot Size Square Feet: 7492

Parking Features: Driveway, Off Street

Number of Units: 2
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1

School District: CECIL COUNTY PUBLIC SCHOOLS

Gilpin Manor Elementary School is a public elementary school located approximately 1 miles away.
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Elkton Middle School is a public middle school located approximately 1.2 miles away.
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Elkton High School is a public high school located approximately 1.2 miles away.
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Maranatha Baptist Church Academy is a private elementary, middle and high school located approximately 0.7 miles away.
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Annual Tax Amount: 2175.0
Source Listing Status: Active
County: CECIL
Source Property Type: Multi-Family
Area: CECIL
Source Neighborhood: CECIL
Postal Code Plus 4: 5212
Township: Elkton
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$126,533
$2,229
2021$73,400 + $48,200
$121,600
$2,159
2020$73,400 + $48,200
$121,600
$2,175
2019$73,400 + $48,200
$121,600
$2,175
2018$62,700 + $60,500
$123,200
$2,204
2017$unknown + $unknown
$121,133
$2,167
2016$unknown + $unknown
$119,067
$2,011
2015$56,500 + $60,500
$117,000
$1,975
2014$56,500 + $60,500
$117,000
$1,975
2013$unknown + $unknown
$117,000
$1,975
2012$unknown + $unknown
$135,700
$2,124
2011$unknown + $unknown
$135,700
$2,059
2010$unknown + $unknown
$135,700
$2,036
2009$unknown + $unknown
$162,920
$2,469
2008$unknown + $unknown
$146,472
$2,308

Price Changed 2024-06-20
$275,000
BrightMLS
Price Changed 2024-06-20
$275,000
BrightMLS
Listed 2024-05-29
$295,000
BrightMLS
Listed 2024-05-29
$295,000
BrightMLS
Listing removed 2023-10-31
$0
BrightMLS
Listed for rent 2023-10-17
$1,300
BrightMLS
Sold 2021-03-03
$154,000
Public Record
Sold 2021-02-19
$155,000
BrightMLS
Listed 2020-12-04
$164,500
BrightMLS
Listed 2020-11-24
$164,500
BrightMLS
Sold 2012-12-03
$139,500
Public Record
Listing removed 2012-10-16
$139,500
MRIS
Price Changed 2012-04-11
$139,500
MRIS
Listed 2011-11-11
$149,500
MRIS
Sold 2006-01-03
$163,700
Public Record
Sold 1981-09-17
$30,000
Public Record

Total Square Feet Living: 2044
Year Built: 1918
Construction Materials: Aluminum Siding
Property Age: 106
Structure Type: Twin/Semi-Detached
House Style: Colonial
Architectural Style: Twin/Semi-Detached
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.