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$500,000   Price Analysis
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1106 Beach Promenade
Orchard Beach, MD 21226
7 bed None bath 4,045 SqFt ($123/SqFt)
0.28 acre lot. Built 1940
Listed 2023-11-24
Ⓧ USDA Ineligible
due to location

near Orchard Beach

MULTIPLE OFFERS RECEIVED.

* No Longer For Sale *
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Presenting highest and best 12/4/2023 at 2PM INVESTOR ALERT. This is your opportunity to own a turn key 5 unit fully occupied multi family property with over $6000/month in cash flow. This unique property features 2 buildings with 3 units in one building and 2 in the other.

Three units feature a 2 bed 1 bath while one unit is a studio and the other unit is a 1 bed 1 bath. Property also features impressive waterfront views of Stoney Creek. Plenty of parking for all tenants. Rent roll, leases, Lead certs and rental licenses available upon rquest. This property is ready to be the perfect add to your rental portfolio.


Presented by Jon Scheffenacker at
Redfin Corp.
Listing Agent Photo

Property MLS #MDAA2073502 from BrightMLS

Bedrooms: 7

Heating Features: Radiator
Heating: Yes

Waterfront
Water access

Lot Size Acres: 0.2772957
Lot Size Square Feet: 12079

Parking Features: Driveway

Number of Units: 2
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 3

School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Solley Elementary School is a public elementary school located approximately 1.7 miles away.
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Northeast High School is a public high school located approximately 1.8 miles away.
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Northeast Middle School is a public middle school located approximately 3 miles away.
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St. Jane Frances De Chantal School is a private elementary and middle school located approximately 0.9 miles away.
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Annual Tax Amount: 4090.0
Source Listing Status: Closed
County: ANNE ARUNDEL
Source Property Type: Multi-Family
Area: ANNE ARUNDEL
Source Neighborhood: ANNE ARUNDEL
Postal Code Plus 4: 2161
Source System Name: C2C

Sold 2024-01-29
$553,000
BrightMLS
Listed 2023-11-24
$500,000
BrightMLS

Total Square Feet Living: 4501
Year Built: 1940
Construction Materials: Vinyl Siding
Property Age: 84
House Style: Colonial
Total Below Grade Area: 1056

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.